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28 Cards in this Set

  • Front
  • Back

Consumer buyer behavior

The buying behavior of final consumers—individuals and households that buy goods and services for personal consumption.

Consumer market

All the individuals and households that buy or acquire goods and services for personal consumption.

Culture

The set of basic values, perceptions,wants, and behaviors learned by a member of society from family and other important institutions.

Subculture

A group of people with shared value systems based on common life experiences and situations.

Social class

Relatively permanent and ordered divisions in a society whose members share similar values, interests, and behaviors.

Group

Two or more people who interact to accomplish individual or mutual goals.

Word-of-mouth influence

Personal communications about a product between target buyers and neighbors, friends, family members,and associates.

Opinion leader

A person within a reference group who, because of special skills, knowledge,personality, or other characteristics, exerts social influence on others.

Online social networks

Online social communities—blogs, social networking Web sites,or even virtual worlds—where people socialize or exchange information and opinions.

Lifestyle

A person’s pattern of living as expressed in his or her activities, interests, and opinions.

Personality

The unique psychological characteristics that distinguish a person or group.

Motive (drive)

A need that is sufficiently pressing to direct the person to seek satisfaction of the need.

Perception

The process by which people select,organize, and interpret information to form a meaningful picture of the world.

Learning

Changes in an individual’s behavior arising from experience.

Belief

A descriptive thought that a person holds about something.

Attitude

A person’s consistently favorable or unfavorable evaluations, feelings, and tendencies toward an object or idea.

Complex buying behavior

Consumer buying behavior in situations characterized by high consumer involvement in a purchase and significant perceived differences among brands.

Dissonance-reducing buying behavior

Consumer buying behavior in situations characterized by high involvement but few perceived differences among brands.

Habitual buying behavior

Consumer buying behavior in situations characterized by low-consumer involvement and few significantly perceived brand differences.

Variety-seeking buying behavior

Consumer buying behavior in situations characterized by low consumer involvement but significant perceived brand differences.

Need recognition

The first stage of the buyer decision process, in which the consumer recognizes a problem or need.

Information search

The stage of the buyer decision process in which the consumer is aroused to search for more information; the consumer may simply have heightened attention or may go into an active information search.

Alternative evaluation

The stage of the buyer decision process in which the consumer uses information to evaluate alternative brands in the choice set.

Purchase decision

The buyer’s decision about which brand to purchase.

Postpurchase behavior

The stage of the buyer decision process in which consumers take further action after purchase based on their satisfaction or dissatisfaction with a purchase.

Cognitive dissonance

Buyer discomfort caused by post purchase conflict.

New product

A good, service, or idea that is perceived by some potential customers as new.

Adoption process

The mental process through which an individual passes from first hearing about an innovation to final adoption.