Podcast
Questions and Answers
Which of the following is NOT a factor that influences consumer behavior?
Which of the following is NOT a factor that influences consumer behavior?
- Weather (correct)
- Lifestyle
- Learning
- Attitudes
Selective comprehension refers to consumers remembering information that confirms their existing beliefs.
Selective comprehension refers to consumers remembering information that confirms their existing beliefs.
False (B)
What are the three types of personal influence that can affect consumer decisions?
What are the three types of personal influence that can affect consumer decisions?
Opinion leaders, word-of-mouth, and the personal views, opinions, and behavior of others.
The process by which consumers learn to be consumers is called ______.
The process by which consumers learn to be consumers is called ______.
Match the following concepts to their corresponding descriptions:
Match the following concepts to their corresponding descriptions:
Social class refers to the set of beliefs, behaviors, and values shared by members of a society.
Social class refers to the set of beliefs, behaviors, and values shared by members of a society.
Which of the following is an example of a reference group?
Which of the following is an example of a reference group?
What are the three stages of the family life cycle that impact purchasing decisions?
What are the three stages of the family life cycle that impact purchasing decisions?
Which of the following is NOT a type of factor that influences consumer buying behavior?
Which of the following is NOT a type of factor that influences consumer buying behavior?
A consumer's mood is considered an antecedent state.
A consumer's mood is considered an antecedent state.
What are two examples of social surroundings that can influence a consumer's purchase decision?
What are two examples of social surroundings that can influence a consumer's purchase decision?
The layout of a store is an example of a ______ surrounding.
The layout of a store is an example of a ______ surrounding.
Match the following factors with their corresponding category:
Match the following factors with their corresponding category:
Which of the following is the first step in the consumer purchase decision process?
Which of the following is the first step in the consumer purchase decision process?
Internal search involves gathering information from sources such as reading reviews and talking to friends.
Internal search involves gathering information from sources such as reading reviews and talking to friends.
What is the psychological variable that refers to a consumer's internal drive to seek out solutions to their problems?
What is the psychological variable that refers to a consumer's internal drive to seek out solutions to their problems?
The step in the purchase decision process where a consumer weighs different options based on their criteria is called ___________.
The step in the purchase decision process where a consumer weighs different options based on their criteria is called ___________.
Match the purchase decision process with their description:
Match the purchase decision process with their description:
Which of the following can be a trigger for problem recognition?
Which of the following can be a trigger for problem recognition?
The consumer's level of satisfaction after a purchase is based solely on the product's actual performance.
The consumer's level of satisfaction after a purchase is based solely on the product's actual performance.
What factor that influences consumer buying behavior is defined as how a consumer perceives product information?
What factor that influences consumer buying behavior is defined as how a consumer perceives product information?
Flashcards
Problem Recognition
Problem Recognition
The first step in the purchase decision process where a consumer recognizes a need or problem to be solved.
Consumer Information Processing
Consumer Information Processing
This involves the consumer gathering information about potential solutions to their recognized problem. Information can be gathered from past experiences or external sources.
Evaluation of Alternatives
Evaluation of Alternatives
The consumer carefully considers different options or alternatives based on their criteria, such as price, features, and quality.
Purchase
Purchase
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Post-purchase Evaluation
Post-purchase Evaluation
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Motivation
Motivation
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Perception
Perception
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Social Influences
Social Influences
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Selective Perception
Selective Perception
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Learning (in Marketing)
Learning (in Marketing)
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Attitudes
Attitudes
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Lifestyle
Lifestyle
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Personal Influence
Personal Influence
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Reference Groups
Reference Groups
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Consumer Socialization
Consumer Socialization
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Family Life Cycle
Family Life Cycle
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Social Surroundings
Social Surroundings
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Physical Surroundings
Physical Surroundings
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Temporal Effects
Temporal Effects
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Antecedent States
Antecedent States
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Psychological Variables
Psychological Variables
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Purchase Situation
Purchase Situation
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Study Notes
Consumer Behavior - Chapter 2
- The chapter covers consumer behavior, focusing on the purchase decision process and factors influencing it.
- The chapter objectives are to define and discuss the purchase decision process, problem recognition, consumer information processing, evaluation of alternatives, purchase, and post-purchase evaluation. Additional factors like psychological influences, social influences, and purchase situations are explored.
Chapter Objectives
- The chapter aims to define and discuss the consumer's purchase decision process, including its stages, and the factors that affect each stage.
Factors Affecting Consumer Buying Behavior
- Consumer behavior is influenced by psychological variables, social influences, and purchase situations.
The Purchase Decision Process
- Key stages of the purchase decision process are depicted as a vertical flow chart. Each stage is listed independently: Problem Recognition, Consumer Information Processing, Evaluation of Alternatives, Purchase, Post-purchase Evaluation.
Problem Recognition
- Problem recognition occurs when a consumer recognizes a need or problem, triggered by internal or external stimuli.
Consumer Information Processing
- Internal search involves the consumer recalling past experiences and knowledge.
- External search involves seeking information from outside personal experiences.
Evaluation of Alternatives
- Consumers evaluate alternatives based on criteria like price, features, quality, etc.
Purchase
- The purchase is the act of a consumer buying a product.
- Purchase decisions can be affected by others' opinions or unforeseen circumstances.
Post-purchase Evaluation
- Marketers evaluate consumer behavior and satisfaction after the purchase.
- Consumer satisfaction results from comparing pre-purchase expectations to perceived product performance.
- Dissatisfaction is greater when the gap between expectations and performance is larger.
Determinants of Consumer's Satisfaction Level
- A diagram visually represents the relationship between product performance, expectations, and satisfaction levels (none - high satisfaction; slight - low satisfaction; big - dissatisfaction).
Factors Affecting Consumer Buying Behavior
- The factors affecting consumer behavior include psychological variables, social influences, and purchase situations.
The Consumer and Psychological Influences
- Key psychological influences affecting consumer decisions are motivation, perception, learning, attitudes, and lifestyle.
Motivation
- Motivation to buy stems from an unsatisfied need (drive) that drives the motivation to buy. Motivational decisions are followed by a purchase decision.
Perception
- Perception varies among individuals. Selective processes affect how consumers perceive information: selective exposure, selective attention, selective comprehension, and selective retention.
Stages in the Selective Process of Information
- Diagram illustrating the consumer's selective process when absorbing information: selective exposure, selective attention, selective comprehension, and selective retention.
Learning
- Learning involves behavior changes stemming from past experiences.
- Repeat purchases increase the likelihood of future purchases of the same product
Attitude
- Attitudes reflect a person's feelings about something.
- Attitudes develop over time, based on factors like family influences, peer group influences, information, experience, and personality.
Lifestyle
- Lifestyle is a person's way of life (activities, interests, and opinions).
Social Influences
- Aspects of social influence affecting consumer behavior are: personal influence, reference groups, family, social class, and culture.
Personal Influence
- Consumer behavior is influenced by fellow consumers' opinions. Opinion leaders and word-of-mouth communication are crucial.
Reference Groups
- These groups influence consumer opinions or choices.
Family
- Family socialization, family life cycle, and family decision-making have an impact on consumer behavior.
Social Class
- Social classes represent groups with equal social positions within society. Upper, middle, and lower classes are typical subdivisions.
Culture
- A set of values, beliefs, behaviors, and attitudes. It's shared amongst a society and passed down through generations.
Purchase Situation
- Five factors affecting consumer behavior: Purchase task, Social Surroundings, Physical Surroundings, Temporal Effects, and Antecedent States.
Purchase Task
- The reason for the purchase affects buying behavior.
Social Surroundings
- The presence of others in the purchase area greatly impacts buying behavior.
Physical Surroundings
- The environment of the purchase location affects decisions.
Temporal Effects
- Time of day and shopping time affect the buying behavior.
Antecedent States
- Consumer mood or money availability affects buying behavior.
Consumer's Buying Behavior
- A diagram illustrating various factors affecting consumer buying behavior, categorized into psychological variables, social influences, and purchase situations, with specific examples for each.
Chapter Exercise
- A list of questions to test student understanding on consumer behavior, including inquiries about the importance of knowledge of consumer behavior, the stages of the buying decision process, the impact of internal searches for information, the derivation of consumer satisfaction levels, the concept of selective exposure, and the formation of attitudes among consumers.
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Description
This quiz explores Chapter 2 of Consumer Behavior, focusing on the purchase decision process and the various factors that influence consumer choices. Key stages such as problem recognition, information processing, and evaluation of alternatives are discussed, along with psychological and social influences. Test your understanding of how consumers make buying decisions.