Podcast
Questions and Answers
How are subcultures best defined in consumer behavior?
How are subcultures best defined in consumer behavior?
What are major influences of social class on consumer behavior?
What are major influences of social class on consumer behavior?
Which statement accurately describes the role of groups in consumer behavior?
Which statement accurately describes the role of groups in consumer behavior?
What role do opinion leaders play in consumer behavior?
What role do opinion leaders play in consumer behavior?
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What is the primary importance of family in consumer buying behavior?
What is the primary importance of family in consumer buying behavior?
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How does social influence manifest through groups?
How does social influence manifest through groups?
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What characterizes a successful reference group for a consumer?
What characterizes a successful reference group for a consumer?
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Which factor is NOT considered in measuring social class?
Which factor is NOT considered in measuring social class?
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What does selective attention refer to in consumer behavior?
What does selective attention refer to in consumer behavior?
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How does selective distortion affect consumer behavior?
How does selective distortion affect consumer behavior?
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What characterizes an attitude in consumer behavior?
What characterizes an attitude in consumer behavior?
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Which of the following is an example of changing consumer attitudes through marketing?
Which of the following is an example of changing consumer attitudes through marketing?
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What is a belief in the context of consumer behavior?
What is a belief in the context of consumer behavior?
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What does selective retention suggest about consumer memory?
What does selective retention suggest about consumer memory?
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The ability of marketers to shape consumer wants is an example of which concept?
The ability of marketers to shape consumer wants is an example of which concept?
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Why are attitudes considered difficult to change in consumer behavior?
Why are attitudes considered difficult to change in consumer behavior?
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What is the primary group that constitutes the consumer market?
What is the primary group that constitutes the consumer market?
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Which factor is considered the most basic influence on a person's wants and behaviors?
Which factor is considered the most basic influence on a person's wants and behaviors?
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What are subcultures defined by?
What are subcultures defined by?
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How do people's roles and statuses influence their purchasing decisions?
How do people's roles and statuses influence their purchasing decisions?
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How does culture impact consumer behavior?
How does culture impact consumer behavior?
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Which factor is primarily linked to understanding consumer behavior according to personal factors?
Which factor is primarily linked to understanding consumer behavior according to personal factors?
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At which stage does a consumer recognize a need in the buyer decision process?
At which stage does a consumer recognize a need in the buyer decision process?
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Which of the following best describes the term 'grey power' in relation to consumer behavior?
Which of the following best describes the term 'grey power' in relation to consumer behavior?
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Why is understanding consumer buyer behavior important for companies?
Why is understanding consumer buyer behavior important for companies?
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Which psychological factor is essential for companies to grasp in order to cater effectively to their customers?
Which psychological factor is essential for companies to grasp in order to cater effectively to their customers?
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Which of the following is NOT classified as a factor influencing consumer behavior?
Which of the following is NOT classified as a factor influencing consumer behavior?
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What primarily differentiates the lifestyles of people within the same social class?
What primarily differentiates the lifestyles of people within the same social class?
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Which of the following describes the
Which of the following describes the
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How is personality defined in the context of consumer behavior?
How is personality defined in the context of consumer behavior?
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What impact does economic situation have on consumer choices?
What impact does economic situation have on consumer choices?
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What is the concept of 'LOHAS' primarily related to?
What is the concept of 'LOHAS' primarily related to?
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What initiates the buyer decision process?
What initiates the buyer decision process?
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Which type of information source is considered the most effective according to consumer behavior studies?
Which type of information source is considered the most effective according to consumer behavior studies?
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Which stage of the buyer decision process involves forming purchase intentions?
Which stage of the buyer decision process involves forming purchase intentions?
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What external stimuli can influence need recognition?
What external stimuli can influence need recognition?
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What is the primary purpose of the postpurchase behavior stage?
What is the primary purpose of the postpurchase behavior stage?
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Which of the following is NOT a source of information during the buying process?
Which of the following is NOT a source of information during the buying process?
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Which attribute is commonly evaluated in the buyer decision process when purchasing consumer electronics?
Which attribute is commonly evaluated in the buyer decision process when purchasing consumer electronics?
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What impact does word-of-mouth have during the information search stage?
What impact does word-of-mouth have during the information search stage?
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What is the first stage in the Buyer Decision Process?
What is the first stage in the Buyer Decision Process?
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Which factor can directly influence the purchase decision after intentions are formed?
Which factor can directly influence the purchase decision after intentions are formed?
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What occurs when product performance exceeds customer expectations?
What occurs when product performance exceeds customer expectations?
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How do satisfied customers typically behave in terms of word-of-mouth?
How do satisfied customers typically behave in terms of word-of-mouth?
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Which is an example of an unexpected situational factor that can influence a purchase decision?
Which is an example of an unexpected situational factor that can influence a purchase decision?
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Study Notes
Consumer Markets and Consumer Buyer Behavior
- Consumer buyers are individuals and households who buy goods and services for personal use.
- The consumer market is made up of these individuals and households.
- Consumer buyer behavior is the process that these final consumers go through to make buying decisions.
- There are other purposes for consumers' buying (business market) that are discussed in another chapter.
Factors Influencing Consumer Behavior
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Cultural Factors: These encompass the most basic influence on consumer behavior. They shape a person's needs and wants.
- Culture is learned through family, church, school, peers, and other sources.
- Culture reflects underlying values, perceptions, wants, and behaviors.
- Cultural shifts open possibilities for new products or change how people behave.
- Subculture is a group within a larger culture with shared values and experiences (nationalities, religions, racial groups, geographic regions).
- Social class is a society's divisions with similar values, interests, and behaviors and is measured by occupation, income, education, wealth, and other variables.
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Social Factors: These factors also influence consumer buying behavior.
- Membership groups have a direct influence on consumer behavior (belonging).
- Reference groups provide a point of comparison in forming attitudes and purchasing decisions.
- Families are an important buying organization and are influential on children, seniors (pester power, grey power).
- Roles and status within a family or organization influence product choices.
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Personal Factors: These factors are crucial in consumer behavior.
- Age and life-cycle stage: These factors change over time and affect purchasing decisions.
- Occupation: A person's occupation shapes their wants and needs, influencing clothing, for example.
- Economic situation: Disposable income, savings, debts, and assets affect product choices and brand preferences.
- Lifestyle: Reflects a person's pattern of living as expressed in their activities, interests, and opinions. People in the same subculture, social class, and occupation might have different lifestyles.
- Personality and self-concept: People reflect their identities in their purchases. "We are what we buy/have." Brand personality can link to product choice.
Psychological Factors
- Motivation: These are the underlying drives that motivate consumers to act. They include needs (physiological, safety, social, esteem, and self-actualization).
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Perception: How consumers select, organize, and interpret information.
- Selective attention: Consumers screen out most information.
- Selective distortion: Consumers interpret information to fit their beliefs.
- Selective retention: Consumers remember information from brands they support more readily.
- Learning: This helps us develop our attitudes and beliefs.
- Beliefs and attitudes: These influence a person's evaluations, feelings, and actions. Beliefs are descriptive thoughts, while attitudes are favorable or unfavorable evaluations and feelings.
Buyer Decision Process
- Need Recognition: Buyers realize their need or want and are ready to make a purchase.
- Information Search: This stage includes internal searches (memory of past experiences) and external searches (commercial sources, public sources, experiential sources like word-of-mouth, and opinion leaders).
- Evaluation of Alternatives: Consideration of different brands, features, price, and other factors.
- Purchase Decision: Decision on which product to buy.
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Postpurchase Behavior: Evaluation of the product after purchase (satisfaction/dissatisfaction). Unexpected situational factors and attitudes of others can influence purchase intent and the actual purchase.
- Satisfaction is crucial. Product performance vs. expected performance is critical for the success of a company.
Important Considerations
- Marketing in Action: Studying real-world examples of marketing strategies and their success (e.g., "Dog-not-Eat" in Hangzhou, National Fluid Milk Processor's "Got Milk?" campaign, consumer stories like Ms. Peng's purchase decision around the first state trip).
- The Model of Consumer Behavior: The presentation introduces an overview of the model.
- The importance of understanding consumer buying behavior: Understanding various influences can help marketers tailor their products or services to better meet consumer needs.
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Description
This quiz delves into the intricacies of consumer behavior, focusing on the impact of subcultures, social class, groups, and family. Discover how social influences, reference groups, and opinion leaders play crucial roles in shaping consumer attitudes and behaviors. Test your knowledge of key concepts such as selective attention and memory retention.