Podcast
Questions and Answers
Which factor is NOT considered a qualitative dimension of consumption?
Which factor is NOT considered a qualitative dimension of consumption?
- Motive and needs
- Frequency of purchase (correct)
- Personality and attitudes
- Price sensitivity
How do demographics primarily influence consumer behavior?
How do demographics primarily influence consumer behavior?
- By determining product prices
- By enhancing product distribution
- By shaping marketing strategies (correct)
- By creating brand loyalty
Which of the following is an example of how income affects consumer behavior?
Which of the following is an example of how income affects consumer behavior?
- Choosing faster shipping options
- Participating in luxury vacations (correct)
- Buying organic food
- Purchasing generic brands
What is the primary role of cultural analysis in marketing?
What is the primary role of cultural analysis in marketing?
Which of the following dimensions does NOT typically relate to social class differences?
Which of the following dimensions does NOT typically relate to social class differences?
What does a demographic-economic analysis help companies do?
What does a demographic-economic analysis help companies do?
Which element is NOT a component of culture impacting consumer behavior?
Which element is NOT a component of culture impacting consumer behavior?
What type of decision-making is characterized by one family member choosing a product?
What type of decision-making is characterized by one family member choosing a product?
Which of the following factors does NOT influence family decision-making?
Which of the following factors does NOT influence family decision-making?
What is the effect of price sensitivity on consumer behavior?
What is the effect of price sensitivity on consumer behavior?
As education increases, what change occurs in family decision-making processes?
As education increases, what change occurs in family decision-making processes?
In which market are children considered to have their own spending power?
In which market are children considered to have their own spending power?
Which of the following best defines 'consumer socialization'?
Which of the following best defines 'consumer socialization'?
What ethical dilemma is associated with marketing to children?
What ethical dilemma is associated with marketing to children?
What does social stratification refer to?
What does social stratification refer to?
Which statement is TRUE about children as decision-makers in families?
Which statement is TRUE about children as decision-makers in families?
What is the primary outcome of a prepurchase information search?
What is the primary outcome of a prepurchase information search?
Which of the following best describes a secondary group?
Which of the following best describes a secondary group?
What is the difference between opportunity recognition and need recognition?
What is the difference between opportunity recognition and need recognition?
What is an aspirational group?
What is an aspirational group?
Which of the following best describes internal searches during the information search process?
Which of the following best describes internal searches during the information search process?
Which of the following is NOT a function of groups?
Which of the following is NOT a function of groups?
What triggers problem recognition in consumers?
What triggers problem recognition in consumers?
What defines a dissociative group?
What defines a dissociative group?
What type of search involves using external resources for gathering information?
What type of search involves using external resources for gathering information?
How does a consumer's past experience affect their information search?
How does a consumer's past experience affect their information search?
In terms of group classification, which pair represents groups that one is likely to belong to?
In terms of group classification, which pair represents groups that one is likely to belong to?
Which of the following is NOT a type of information search?
Which of the following is NOT a type of information search?
How does social identity differ from self-concept?
How does social identity differ from self-concept?
What role do reference groups play in social behavior?
What role do reference groups play in social behavior?
What might lead to a need recognition scenario?
What might lead to a need recognition scenario?
Which one of the following is an example of an associative reference group?
Which one of the following is an example of an associative reference group?
What does an integrated lifestyle imply about an individual’s psychological maturity?
What does an integrated lifestyle imply about an individual’s psychological maturity?
Which type of questions in the AIO Questionnaire focuses on consumer preferences and priorities?
Which type of questions in the AIO Questionnaire focuses on consumer preferences and priorities?
How can psychographics be beneficial in marketing?
How can psychographics be beneficial in marketing?
Which aspect of motivation does NOT describe a consumer's need?
Which aspect of motivation does NOT describe a consumer's need?
When a consumer has a hedonic need, what are they typically seeking?
When a consumer has a hedonic need, what are they typically seeking?
Which statement best describes the role of activity questions in the AIO Questionnaire?
Which statement best describes the role of activity questions in the AIO Questionnaire?
What is a characteristic of individuals with an integrated lifestyle?
What is a characteristic of individuals with an integrated lifestyle?
In consumer behavior, how does motivation manifest during the need-motive-want process?
In consumer behavior, how does motivation manifest during the need-motive-want process?
What role does 'modeling' play in learning according to cognitive learning theory?
What role does 'modeling' play in learning according to cognitive learning theory?
Which statement best describes cognitive learning theory?
Which statement best describes cognitive learning theory?
What is a significant factor influencing the retrieval of information from long-term memory?
What is a significant factor influencing the retrieval of information from long-term memory?
Which of the following best describes 'mindlessness' in the context of cognitive learning?
Which of the following best describes 'mindlessness' in the context of cognitive learning?
How do marketers utilize nostalgia in their advertising strategies?
How do marketers utilize nostalgia in their advertising strategies?
What is one reason people may forget information?
What is one reason people may forget information?
Which component is essential for the information processing approach in memory?
Which component is essential for the information processing approach in memory?
What is the primary focus when teaching cognitive learning principles?
What is the primary focus when teaching cognitive learning principles?
Flashcards
Secondary Reference Groups
Secondary Reference Groups
Large groups with impersonal relationships, less emotional attachment, and short-term connections.
Aspirational Groups
Aspirational Groups
Groups an individual wishes to associate with, often because they admire or aspire to be like the members.
Dissociative Groups
Dissociative Groups
Groups that an individual wants to avoid being associated with, often because of differing beliefs or values.
Associative Reference Groups
Associative Reference Groups
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Formal Groups
Formal Groups
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Informal Groups
Informal Groups
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Social Identity
Social Identity
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Self-Concept
Self-Concept
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Social Stratification
Social Stratification
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Autonomic Decision
Autonomic Decision
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Syncretic Decision
Syncretic Decision
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Consumer Socialization
Consumer Socialization
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Primary Market
Primary Market
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Influence Market
Influence Market
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Future Market
Future Market
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Educating vs Manipulating
Educating vs Manipulating
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Problem Recognition
Problem Recognition
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Information Search
Information Search
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Internal Search
Internal Search
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External Search
External Search
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Need Recognition
Need Recognition
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Opportunity Recognition
Opportunity Recognition
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Prepurchase Search
Prepurchase Search
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Ongoing Search
Ongoing Search
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Frequency of purchase
Frequency of purchase
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Location and type of shops/stores
Location and type of shops/stores
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Sources of information
Sources of information
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Price sensitivity
Price sensitivity
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Motives and needs
Motives and needs
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Learning
Learning
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Personality and attitudes
Personality and attitudes
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Evaluation criteria
Evaluation criteria
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Combined Outer- and Inner-Directed Lifestyle
Combined Outer- and Inner-Directed Lifestyle
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AIO Questionnaire
AIO Questionnaire
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Psychographics
Psychographics
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Motivation
Motivation
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Strength of a Need
Strength of a Need
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Direction of a Need
Direction of a Need
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Persistence of a Need
Persistence of a Need
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Different Needs, Same Goal
Different Needs, Same Goal
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What is memory?
What is memory?
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What is retrieval in memory?
What is retrieval in memory?
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What is Observational Learning?
What is Observational Learning?
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What is Cognitive Learning?
What is Cognitive Learning?
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What is Nonconscious Procedural Knowledge?
What is Nonconscious Procedural Knowledge?
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What is Classical Conditioning?
What is Classical Conditioning?
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What is Operant Conditioning?
What is Operant Conditioning?
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How do products help retrieve memories?
How do products help retrieve memories?
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Study Notes
Consumer Behaviour (Topics 1-9)
- Consumer behaviour is central to marketing activities, focusing on understanding consumer needs.
- Consumer behaviour involves activities like selecting, purchasing, using, and disposing of products to satisfy needs and desires, including emotional and mental processes and external factors.
- Consumer behaviour is a process with phases: pre-purchase (acquisition), purchase, post-purchase (consumption and disposing).
- Decision-making is situational and motivated.
- Key dimensions of analysis include "what," "who," "why," "how," "when," and "how much".
Studying Consumer Behaviour
- Marketing orientation considers the consumer's needs from the outset.
- Understanding consumers is crucial for developing profitable products and effective strategies.
- Strategic marketing involves a systematic analysis of consumer needs.
- Operational marketing focuses on the marketing mix (product, price, place, promotion) to target markets.
- Consumer characteristics (e.g., demographics, psychographics) are key factors influencing consumer behaviour.
Market Segmentation
- The market comprises customer groups with similar needs or sought benefits.
- Consumer choices depend on the perceived product benefits rather than solely on the product itself.
- Each product represents a set of attributes.
- Different products can satisfy the same need.
- Marketing requires a flexible approach to satisfy varied customer needs.
Approaches to Analyzing Consumer Behaviour
- Consumer behaviour analysis is an interdisciplinary field.
- Economic aspects consider consumer income, spending patterns, and purchasing power.
- Psychological aspects focus on motivations, thoughts (cognitions), feelings (affects), and subsequent behavior.
- Sociocultural aspects include family, friends, cultural norms, and values.
Consumer Decision Making
- Consumer decisions involve a sequence of stages: problem recognition, information search, evaluation of alternatives, purchase, and post-purchase evaluation.
- Internal factors (e.g., personality, lifestyle, motivation, perception) and external factors (e.g., groups, social class, culture) influence decisions.
- Purchase involvement: extent of time and effort spent considering alternatives before purchase.
- High-involvement purchases are crucial and significant.
Consumer Research and Analysis
- Problem recognition: the initial phase where a consumer identifies a need or problem.
- Information search: involves seeking solutions and information from various sources.
- Evaluation of alternatives: comparison of different product options based on specific criteria.
- Purchase decision: the final choice to acquire a certain product.
- Post-purchase evaluation: assessment of the product's performance and satisfaction.
Social Groups and Family
- Social groups significantly affect consumer behaviour.
- Groups of people sharing behaviors, beliefs, norms etc.
- Primary Groups - close relations
- Secondary Groups - more impersonal.
- Aspirational Groups - groups that the individual is trying to be associated with.
- Product decision-making within families is affected by many factors such as those who have the power to purchase a product, the needs of each member, etc.
- The family life cycle influences buying habits and decisions.
Social Strata
- Social stratification involves the distribution of power, authority, and prestige within society (hierarchies).
- Identifying social classes based on income, occupation, heritage, and education is crucial.
- Social class influences consumer behavior, including consumption patterns, preferences, and purchasing decisions.
- Marketers segment their markets in terms of social classes and adjust their marketing strategies to reach specific segments.
The Environment of Demand, Culture, and Subculture
- External factors like economics and demographics affect consumer behaviour.
- Cultural characteristics such as values, customs, language, norms, and behaviors impact decisions.
- Subcultures represent subgroups sharing unique characteristics within a larger culture.
- This understanding is crucial for market segmentation and developing effective marketing strategies.
Personality and Lifestyles
- Personality is a set of unique psychological characteristics that influence how an individual responds to environmental stimuli.
- Lifestyles are patterns of consumption that reflect a person's choices of how to spend time and money.
- Psychographics (VALS) analysis is used to understand consumer motivations, values, and lifestyles, helping categorize consumers into groups.
Motivation and Perception
- Motivation is the driving force behind consumer behavior, stemming from needs (e.g., physiological, safety, belonging) or desires.
- Motivation can influence consumer decisions.
- Motivation leads to consumer actions such as purchasing a product.
- Perception is a three-stage process: sensory stimuli, attention to stimuli, and interpretation of stimuli based on experience, attitudes etc..
Learning and Memory
- Learning is the process of acquiring knowledge and experience from interactions and associations.
- Various theories, like classical and operant conditioning, explain how people learn and retain information.
- Cognitive learning theories concentrate on problem-solving and internal mental processes.
- Memory systems (sensory, short-term, long-term) store and retrieve information.
Attitudes and Persuasion
- Attitudes are lasting evaluations of people, objects, and issues.
- Attitudes have three components – affect (feelings), cognition (beliefs), and behavior (actions).
- Attitude change strategies, or techniques, like reciprocity, consistency, liking etc are involved in consumer buying behaviour
- Understanding the relationship between attitudes and motivations helps marketers tailor their products and marketing strategies more effectively.
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