Podcast
Questions and Answers
Personality is unique to each individual and influences our responses to our ______.
Personality is unique to each individual and influences our responses to our ______.
environment
Marketers want to understand ______ so they can segment consumers as far as activities, tastes and lifestyles.
Marketers want to understand ______ so they can segment consumers as far as activities, tastes and lifestyles.
personality
Researchers look at what's called ______ Theory to define personality.
Researchers look at what's called ______ Theory to define personality.
Trait
Traits interesting to marketers are ______, materialism, self-consciousness, and need for recognition.
Traits interesting to marketers are ______, materialism, self-consciousness, and need for recognition.
Just as we have personality, we can look at brands as having ______.
Just as we have personality, we can look at brands as having ______.
Marketers work to develop ______ Identity to get positive brand equity.
Marketers work to develop ______ Identity to get positive brand equity.
Brand equity is the extent to which a consumer holds a strong favourable and unique ______ with the brand.
Brand equity is the extent to which a consumer holds a strong favourable and unique ______ with the brand.
Psychologists look at personality by looking at what traits people report or demonstrate, but also they look at the ______ of the behaviour.
Psychologists look at personality by looking at what traits people report or demonstrate, but also they look at the ______ of the behaviour.
Today it continues to be re-invented under names like ______, factor-analysis, multidimensional scaling and data clustering.
Today it continues to be re-invented under names like ______, factor-analysis, multidimensional scaling and data clustering.
Motivational research has been attacked by many because of its power to ______, its over-emphasis on the analyst's conclusion, and the influence of Freud and sex.
Motivational research has been attacked by many because of its power to ______, its over-emphasis on the analyst's conclusion, and the influence of Freud and sex.
According to Jung, we come into the world with a storehouse of memories from our ______.
According to Jung, we come into the world with a storehouse of memories from our ______.
These shared memories invoke ______.
These shared memories invoke ______.
Carl Jung believed in the existence of the ______ Unconscious.
Carl Jung believed in the existence of the ______ Unconscious.
The ______ archetype is symbolized by the primordial mother or “Earth Mother” of Mythology.
The ______ archetype is symbolized by the primordial mother or “Earth Mother” of Mythology.
These archetypes appear frequently in ______ and branding.
These archetypes appear frequently in ______ and branding.
The collective unconscious is that part of the mind containing memories and impulses we are not aware of according to ______.
The collective unconscious is that part of the mind containing memories and impulses we are not aware of according to ______.
Lifestyle defines who we are and who we are not, It is not set in stone--it evolves through our ______ lifetimes
Lifestyle defines who we are and who we are not, It is not set in stone--it evolves through our ______ lifetimes
Demographics allow marketer to describe who buys a ______
Demographics allow marketer to describe who buys a ______
Psychographics allow marketer to understand why they buy a ______
Psychographics allow marketer to understand why they buy a ______
Psychographic Studies Forms of psychographic studies: a lifestyle profile that looks at items that differentiate between users and non users of a ______
Psychographic Studies Forms of psychographic studies: a lifestyle profile that looks at items that differentiate between users and non users of a ______
Psychographic research uses ______ Activities-Interests-Opinions to group consumers.
Psychographic research uses ______ Activities-Interests-Opinions to group consumers.
What people report about themselves may not be accurate, but what it may reflect is what a person would like to be like (closer to ideal ______)
What people report about themselves may not be accurate, but what it may reflect is what a person would like to be like (closer to ideal ______)
The 20/80 rule says about 20% of consumers in a product category account for 80% of ______.
The 20/80 rule says about 20% of consumers in a product category account for 80% of ______.
These 20% make up a brand ______ group.
These 20% make up a brand ______ group.
The Witch archetype is also known as the ______
The Witch archetype is also known as the ______
The aging population is becoming more aware of healthy choices in food, cosmetics and ______ designed products.
The aging population is becoming more aware of healthy choices in food, cosmetics and ______ designed products.
The idea that inanimate objects can be given human characteristics is known as ______
The idea that inanimate objects can be given human characteristics is known as ______
Half of Canadians consider the ______ impact of a product when making purchasing decisions.
Half of Canadians consider the ______ impact of a product when making purchasing decisions.
Giving human traits to non-human objects related to an actual product or its brand representations is known as ______
Giving human traits to non-human objects related to an actual product or its brand representations is known as ______
The Pillsbury Dough Boy is an example of ______
The Pillsbury Dough Boy is an example of ______
One-third of Canadians are willing to pay a premium for ______ products.
One-third of Canadians are willing to pay a premium for ______ products.
As the baby boomers retire, an increasing portion of the population will be living on fixed ______.
As the baby boomers retire, an increasing portion of the population will be living on fixed ______.
The _____ archetype is often represented by brands such as Harley Davidson
The _____ archetype is often represented by brands such as Harley Davidson
An increasing amount of research about products is done ______, even when consumers don’t buy online.
An increasing amount of research about products is done ______, even when consumers don’t buy online.
Mr. Clean is an example of the ______ archetype
Mr. Clean is an example of the ______ archetype
Online shopping is growing and online ______ are critical.
Online shopping is growing and online ______ are critical.
The brand personality of Axe is often associated with the ______ archetype
The brand personality of Axe is often associated with the ______ archetype
North Face is an example of the ______ archetype
North Face is an example of the ______ archetype
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Study Notes
Personality
- Personality refers to the unique set of qualities and traits that define an individual's character or behavior
- It influences how we respond to our environment and is shaped by our experiences and interactions
- Marketers seek to understand personality to segment consumers based on their activities, tastes, and lifestyles
Trait Theory
- Researchers use trait theory to study personality, identifying characteristics such as extroversion, innovation, materialism, and self-consciousness
- Traits are measurable through scales like Myers-Briggs, The Big Five, and True Colors, but these instruments may not always be valid or reliable
Brand Personality
- Brands can be viewed as having personality, with marketers working to develop brand identity and positive brand equity
- Brand equity refers to the extent to which a consumer holds a strong, favorable, and unique association with a brand
Archetypes
- Carl Jung believed in the collective unconscious, a shared reservoir of memories and impulses that contain archetypes
- Archetypes are innate, universal prototypes for ideas and appear frequently in advertising and branding
- Examples of archetypes include the Mother, Hero, Innocent, Explorer, and Lover
Psychographics
- Psychographics studies the underlying motivations and values that drive consumer behavior
- Psychographic research uses AIOs (Activities, Interests, Opinions) to group consumers based on their self-reported values, interests, and behaviors
- Psychographic segmentation involves grouping consumers based on their demographic, lifestyle, and product-specific characteristics
Trends
- 20/80 rule: 20% of consumers account for 80% of sales, making them a loyal group
- Rising health awareness: consumers prioritize healthy choices in food, cosmetics, and ergonomically designed products
- Frugality: consumers are cautious about spending due to stagnant incomes and high debt
- Desire for customized goods: consumers seek tailored products, enabled by technology
- Impact of the internet: consumers research products online, and online reviews are critical
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