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48 Cards in this Set

  • Front
  • Back


Consumer behavior

How consumers make decisions and how they use and dispose of goods and services

Consumer decision making process

1. Need recognition


2. Information search


3. Evaluation of alternatives


4. Purchase or non purchase


5. Post purchase behavior

Need recognition

Result if an imbalance between actual and desired states. Triggered by stimulus. Want---got gap.

Stimulus

Any input that effects one or more of the five senses.

Internal stimulus

Occurrences you experience (hunger)

External stimulus

Influence from an outside source. (Ads)

Internal info search

Based on past experience

External info search

Seeks info from others

Non marketing controlled info source

Not associated with marketers. Friends and family, public sources.

Marketing controlled info source

Biased towards a specific product because the marketer promotes the product. Mass media, sales and Internet.

Evoked set

Consumers preferred alternatives

Piecemeal process

Evaluation, examine alternative advantages and disadvantages along with important attributes

Consumer decisions

1. Whether to buy


2. When to buy


3. What to buy


4. Where to buy


5. How to pay

Cognitive dissonance

Inner tension a consumer has when they recognize they have inconsistent behavior and values. Try and justify decision to decrease dissonance

Consumer decision category

Routine response, limited decision, extensive decision.


1. Level of involvement


2. Length of time to decide


3. Cost


4. Degree of info search


5. Number of alternatives

Involvement

Amount if time and effort the consumer put in

Routine response behavior

Low involvement. Spend little time in search and decision.

Limited decision making

Based on past experience. Usually deciding brands

Extensive decision making

When buying an unfamiliar expensive product. Requires high involvement

Level of involvement depends on...

Previous experience, interest, risk, social visibility

Product involvement

Product has personal relevance

Situational involvement

Consumer perceives risk in the situation

Shopping involvement

Personal relevance of shopping process

Culture

Values, norms, attitudes that shape human behavior from generation to the next. Most important consumer factor

Value

Belief that specific conduct is preferable to another

Subculture

Homogeneous group of people who share overall culture as well as unique elements of their own group

Reference group

All the groups that influence buying behavior of an individual

Primary membership group

People interactive regularly in an informal face to face setting

Secondary membership group

Less consistent and more formal. (Clubs)

Aspirational reference group

Group you would like to join

Non aspirational reference group

An individual does not want to participate in (biker gang)

Opinion leader

A person in the community who influences others

Socialization process

Passing down of cultural norms and values to children

Individual influences

Gender, age, personality, self concept and lifestyle

Personality

Reactions to situations. Psychological makeup and environmental forces.

Self concept

How consumer sees themselves

Ideal self image

How we would like to perceived

Real self image

How we actually perceive ourselves

Perception

How we see the world around us

Selective exposure

Consumer notices certain stimuli and ignores others

Selective distortion

A consumer changes info that conflicts with their feelings/beliefs

Selective retention

A consumer remembers only the info that supports their belief

Maslow's hierarchy of needs

Physiological needs (hunger)


Safety needs (security)


Social needs (love)


Esteem needs (status)


Self actualization needs (self development)

Experiential learning

Learn from an experience

Conceptual learning

Based upon reasoning

Stimulus generalization

One response is extended to a second stimulus simular to the first

Stimulus discrimination

Learned ability to differentiate among similar products

Attitude

Respond consistently toward a given object