Consumer Psychology and Research Methods Quiz

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Questions and Answers

What does psychographic segmentation focus on when dividing the market?

  • Geographical locations of consumers
  • Psychological characteristics of consumers (correct)
  • Product pricing strategies
  • Demographic factors like age and gender

Which research method is characterized by using a Likert scale for data collection?

  • Quantitative simple question approach (correct)
  • Focus group discussions
  • Qualitative probing interview
  • Observational research

What is the main purpose of the laddering technique in qualitative research?

  • To quantify product sales in different markets
  • To measure consumer preferences on price
  • To analyze demographic data only
  • To uncover personal and emotional benefits of products (correct)

What kind of consumer response is typically gathered through qualitative research?

<p>Implicit attitudes (B)</p> Signup and view all the answers

Which of the following best describes the type of analysis used in quantitative research?

<p>Objective and statistical analysis (A)</p> Signup and view all the answers

What does Balance Theory primarily focus on?

<p>Consistency in beliefs and relationships (A)</p> Signup and view all the answers

What is an example of a Unit Relation in Balance Theory?

<p>A person's opinion on a product they buy (D)</p> Signup and view all the answers

Which technique involves starting with a small request before making a larger one?

<p>Foot-in-the-door technique (C)</p> Signup and view all the answers

Which of the following best describes Normative Influence?

<p>Following group attitudes to fit in (C)</p> Signup and view all the answers

What do Injunctive Norms refer to?

<p>Behaviors perceived as approved by others (A)</p> Signup and view all the answers

In the context of the Door-in-the-face technique, what is usually the initial request?

<p>A large, unreasonable favor (A)</p> Signup and view all the answers

What type of appeal is most effective for getting attention and reducing counterarguments in advertisements?

<p>Humor appeal (A)</p> Signup and view all the answers

What outcome did the 1951 Asch Experiment highlight?

<p>The influence of group pressure on decisions (D)</p> Signup and view all the answers

Which factor does NOT contribute to source credibility in advertising?

<p>Popularity of the product (D)</p> Signup and view all the answers

What is the primary goal when achieving a Balanced Triad in Balance Theory?

<p>Maintaining harmony between the three elements (C)</p> Signup and view all the answers

What is the negative consequence of excessive repetition in advertising?

<p>Desensitization to the message (D)</p> Signup and view all the answers

Which bias refers to a source's inaccurate knowledge about a topic?

<p>Knowledge bias (B)</p> Signup and view all the answers

How does a moderate amount of fear appeal in advertising impact its effectiveness?

<p>Enhances evaluative effects if combined with action information (A)</p> Signup and view all the answers

What is the term for the phenomenon where beautiful people are perceived more positively across various attributes?

<p>Halo effect (A)</p> Signup and view all the answers

Which of the following best describes the tedium effect in advertising?

<p>Growing frustration due to overexposure to a message (A)</p> Signup and view all the answers

What is an emotional response that is NOT primarily driven by cognitive processing?

<p>Affect (B)</p> Signup and view all the answers

What is the primary difference between maximizers and satisficers?

<p>Maximizers aim for the best possible outcome while satisficers settle for good enough. (A)</p> Signup and view all the answers

How does bounded rationality affect consumer decision-making?

<p>It forces consumers to satisfice when resources are limited. (C)</p> Signup and view all the answers

What is the sunk cost fallacy?

<p>Avoiding waste based on what has already been spent or invested. (A)</p> Signup and view all the answers

Which of the following describes the decoy effect?

<p>Changing preferences based on the presence of a less attractive alternative. (C)</p> Signup and view all the answers

What effect can choice overload have on consumers?

<p>It can lead to dissatisfaction and analysis paralysis. (A)</p> Signup and view all the answers

Which statement correctly describes heuristics in decision-making?

<p>Heuristics simplify the decision-making process through mental shortcuts. (A)</p> Signup and view all the answers

What characterizes the inept set in evaluating alternatives?

<p>Options that consumers are aware of but do not consider buying. (C)</p> Signup and view all the answers

How do maximizers typically feel after making a decision?

<p>They feel more regret and lower satisfaction due to high expectations. (B)</p> Signup and view all the answers

What role do brand missionaries play in brand communities?

<p>They are highly loyal customers who promote the brand. (A)</p> Signup and view all the answers

Which factor can increase group cohesiveness?

<p>Defined limits between in-group and out-group (D)</p> Signup and view all the answers

What characterizes aspirational reference groups?

<p>Groups you do not currently belong to but aspire to join. (A)</p> Signup and view all the answers

Why is it important for brands to build communities?

<p>To maintain cognitive consistency and loyalty. (A)</p> Signup and view all the answers

What is a common characteristic of in-groups?

<p>Members share similar interests or values. (D)</p> Signup and view all the answers

What is anti-conformity?

<p>The deliberate act of going against group norms. (D)</p> Signup and view all the answers

What can brands use dissociative groups for in their advertising?

<p>To highlight what they do not support. (C)</p> Signup and view all the answers

What is propinquity in the context of social connections?

<p>The attraction between people due to physical or psychological closeness. (B)</p> Signup and view all the answers

What is the primary focus of long-term oriented societies?

<p>Future-oriented goals and perseverance (D)</p> Signup and view all the answers

In cultural contexts, what defines the concept of masculinity vs femininity?

<p>The degree to which cultures value success and competition over nurturing values (A)</p> Signup and view all the answers

Which type of innovation represents a significant change that creates a new product category?

<p>Discontinuous Innovation (D)</p> Signup and view all the answers

What distinguishes price skimming from penetration pricing?

<p>Skimming starts at high prices then reduces them, whereas penetration begins at low prices and raises them. (D)</p> Signup and view all the answers

How do early adopters typically behave in market psychology?

<p>They often seek unique products and manage perceived scarcity. (B)</p> Signup and view all the answers

What is the purpose of rituals in a cultural context?

<p>To establish fixed behaviors that are repeatable and symbolic (C)</p> Signup and view all the answers

In what way does gift-giving differ culturally according to the concepts of economic and symbolic exchange?

<p>Symbolic exchange prioritizes cultural gestures over monetary value. (A)</p> Signup and view all the answers

Which demographic is typically categorized as low-involvement consumers?

<p>Individuals interested in hedonic experiences and emotional engagement (B)</p> Signup and view all the answers

Flashcards

Psychographic Segmentation

Dividing a market based on consumers' psychological characteristics, like personality traits, values, lifestyles, opinions, and interests.

Laddering

A method used to understand the deeper motivations behind consumer choices by exploring the relationships between product attributes, consequences, and values.

Big Five Personality Traits

A set of personality traits that attempt to describe an individual's personality, including Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism.

VALS Framework

A framework used to categorize consumers based on their values, beliefs, and lifestyles, helping marketers understand their motivations and predict their behavior.

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Qualitative Research

A type of research technique used to gather qualitative data, involving open-ended questions and probing the respondents' opinions and experiences.

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Balance Theory

A psychological concept that describes how people strive for consistency within their beliefs and relationships.

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Unit Relation

This refers to the connection between a person and an object, like whether they like or dislike a product.

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Sentiment Relation

Describes a person's feelings towards another person, such as admiration, dislike, or indifference.

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Balanced Triad

When all three elements of a triad (person, attitude toward an object, perception of another person) are in alignment.

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Unbalanced Triad

This occurs when the elements in the triad are not aligned, leading to psychological discomfort.

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Door-in-the-face Technique

A persuasion tactic where a large request is presented first, followed by a smaller, more agreeable request.

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Foot-in-the-door Technique

A persuasion tactic where small requests are gradually increased to elicit a larger commitment.

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Low-ball Technique

A persuasion technique where an initial agreement is made at a lower price, then additional fees are added later.

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Celebrity Endorsement

A type of advertising that uses a well-known person to promote a product or service.

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Visuals in Advertising

Using images, illustrations, or videos in advertising to capture attention and convey a message.

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Mere Exposure Effect

The idea that repeated exposure to a message or product can increase familiarity and positive feelings.

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Adaptation

The process of becoming used to a message or product, leading to a decline in its effectiveness.

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Two-Factor Theory of Repetition

A theory suggesting that two opposing forces operate simultaneously with repeated exposure to a message: learning and boredom.

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Source Credibility

The credibility of a source is based on their perceived expertise, objectivity, and trustworthiness.

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Source Attractiveness

A source's perceived social value, including physical appearance, personality, and social status.

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Halo Effect of Beauty

The tendency to attribute positive qualities to attractive people, including intelligence, competence, and happiness.

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Maximizers

Consumers who aim to find the best possible solution, even if it takes extensive effort and research.

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Satisficers

Consumers who aim for an adequate solution that meets their basic needs, and are willing to settle for something good enough.

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Heuristics

Mental shortcuts used to simplify decision-making and reduce information processing. They may not always lead to the most accurate choice.

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Price-quality Belief

The tendency to believe that a product's price is a reliable indicator of its quality.

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Brand-quality Belief

The tendency to believe that a product's brand name is a reliable indicator of its quality.

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Country of Origin Belief

The tendency to believe that a product's country of origin is a reliable indicator of its quality.

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Consideration Set

The set of alternatives that a consumer actively considers during the decision-making process.

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Sunk Cost Fallacy

The tendency for people to continue investing in something, even if it's unsuccessful or failing, because they've already invested time, money, or effort in it.

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Reference Group

A group whose opinions matter to an individual and influence their choices.

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In-groups

Groups that share similar values, interests, and goals, making individuals feel a strong sense of belonging.

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Group Cohesiveness

This describes how strongly individuals are attracted to their group and value their membership.

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Aspirational Reference Group

A group, often a celebrity or influencer, that someone admires and wants to be like.

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Dissociative Reference Group

A group an individual actively avoids or wants no association with.

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Anti-conformity

A group whose values or norms people deliberately choose to go against.

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Brand Missionaries

These are enthusiastic customers who promote a brand to others on their own accord.

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Cognitive Consistency

This refers to when consumers' beliefs, attitudes, and actions are aligned, enhancing brand loyalty.

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High Power Distance

The extent to which a culture emphasizes traditional, hierarchical social structures with strong social norms and a focus on group harmony.

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Masculinity

A culture that emphasizes achievement, assertiveness, and competition; values individual success and material possessions.

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Long-term orientation

A culture that prioritizes long-term goals, perseverance, and saving for the future.

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Indulgence

A society that allows its members to freely pursue pleasure and enjoy life, emphasizing personal happiness and indulgence.

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Rituals

A set of planned actions that are performed in a fixed order, often with religious or social significance, and repeated periodically.

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Ritual Artifact

Any object used during a ritual, carrying symbolic meaning and significance.

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Dynamically Continuous Innovation

A type of innovation that involves a significant change in existing products or services, requiring a learning curve for users.

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Discontinuous Innovation

A type of innovation that represents a completely new product category with a completely new way of doing things.

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Study Notes

Segmentation

  • Traditionally, markets are segmented demographically (age, gender, income).
  • Psychographic segmentation segments based on psychological characteristics.
  • Examples include personality traits (Big 5), values, and lifestyles (VALS).
  • Psychographic needs include Culture-related needs (Achievement, Status/Recognition, Ambition, etc.).

Qualitative vs Quantitative Research

  • Qualitative:
    • Sample size: small
    • Information per respondent: high
    • Type of analysis: subjective, interpretative
    • Consumer responses: implicit attitudes, feelings, motivation
  • Quantitative:
    • Sample size: large
    • Information per respondent: low
    • Type of analysis: objective, statistical
    • Consumer responses: explicit attitudes, awareness, choice

Laddering

  • A qualitative research technique to uncover the deeper meanings and motivations behind consumer needs.
  • Categorizes attributes, consequences, and values of products. Provides a hierarchical understanding.

Big 5 Personality Model

  • Measures personality dimensions.
  • The dimensions include: Openness to experience, Conscientiousness, Extraversion, Agreeableness, and Neuroticism.

Attitude Components

  • Affective component: How consumers feel about a product.
  • Behavioral component: Consumers' intention toward a product.
  • Cognitive component: Consumers' beliefs about a product.

Overview of Attitude Consistency

  • Cognitive dissonance theory: Tension arising from conflicting attitudes or behaviors.
  • Balance theory: Maintaining harmony in relationships.
  • Commitment and consistency: Influencing attitudes by commitment.
  • Normative influence: Attitude is influenced by others.
  • Reciprocity: Act consistently with commitments made.

Influencing Attitudes

  • Commitment & consistency:
    • Door-in-the-face technique: Asking for a large favor first, then a smaller one.
    • Foot-in-the-door technique: Starting with a small request, then a larger one.
    • Low-ball technique: Changing terms of agreement later.

Overview of Elaboration Likelihood Model

  • Product involvement influences persuasion, based on consumer needs, values, and interests.
  • Consumers with high involvement follow the central route of processing information (logic, evidence).
  • Low involvement consumers follow the peripheral route (emotion, cues).

Comparative Advertising

  • Pros: Demonstrates uniqueness and strengths relative to competitors. Builds brand identity. More effective than non-comparative ads.
  • Cons: Sources can be derogated (discredited) because of perceived aggression. Priming the competitor can create awareness and free exposure.

Ch.9 Judgment and Decision Making

  • Problem Recognition: Ideal vs Actual State.
  • Information Search: Internal (memory) or External (environment) search.
  • Evaluation of Alternatives: Evoked set (considered), inert set (unconsidered), inept set (rejected).
  • Product Choice: Sunk cost fallacy, asymmetric dominance effect (decoy effect).

Attitude Changes

  • Cognitive Dissonance Theory: Internal tension created by conflicting ideas or behaviors. (example: buying a plane despite concern for the environment)
  • Balance Theory: Consumers strive to maintain consistency among their attitudes. (example: admiration for a celebrity who is also endorsed for a product)

Ch. 10 Group Influence and Social Media

  • Reference Groups: a group with influence on your evaluations, aspirations or behavior
  • Brand Communities: consumers who share common interest in a product or brand.

Ch. 11 Social Class

  • Gini Coefficient: A measure of income inequality (0 = perfect equality, 100 = perfect inequality)..

Ch. 12 Income & Social Class

  • Consumer confidence is a metric forecasting economic trends.

Ch. 13 Cultural Influences

  • Culture influences attitudes.
  • Different cultures react differently to marketing strategies.
  • Standardized (one size fits all) or localized marketing.

Ch. 14 & 15 Cultural Influences & Innovation

  • Hofstede's Cultural Dimensions: Cultural values affect behavior.
  • Rituals, Social Conventions, and Symbolic Behavior: Patterns of behavior based on culture.
  • Innovation Types: Continuous, dynamically continuous, and discontinuous innovations.
  • Crossing the Chasm: Stages of consumer adoption of innovation.
  • Psychology of Early Adopters and Majorities.

Consumer Behavior/Decision Making

  • Stages: Problem recognition, information search, evaluation of alternatives, choice, and consumption.
  • Maximizers: Seek the perfect option, more likely to experience regret.
  • Satisficers: Find a good-enough option.

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