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28 Cards in this Set

  • Front
  • Back

Consumer buyer behavior

The buying behavior of final consumers - individuals and households that buy goods and services for personal consumption.

Consumer market

All the individuals and households that buy or acquire goods and services for personal consumption.

The model of buyer behavior

The environment --> Buyer's black box --> Buyer responses

Factors influencing consumer behavior

- cultural


- social


- personal


- psychological


- buyer

Culture

The set of basic values, perceptions, wants, and behaviors learned by a member of society from family and other important institutions.

Subculture

A group of people with shared value systems based on common life experiences and situations.

Cross-cultural marketing

The practice of including ethnic themes and cross-cultural perspectives within their mainstream marketing.

Social class

Relatively permanent and ordered divisions in a society whose members share similar values, interests, and behaviors.

Group

Two or more people who interact to accomplish individual or mutual goals.

Word-of-mouth influence

The impact of the personal words and recommendations of trusted friends, associates, and other consumers on buying behavior.

Opinion leader

A person within a reference group who, because of special skills, knowledge, personality, or other characteristics, exterts social influence on others.

Buzz marketing

Enlisting or creating opinion leaders to serve as 'brand ambassadors' who spread the word about a company's products.

Lifestyle

A person's pattern of living as expressed in his or her activities, interests, and opinions.

Personality

The unique psychological characteristics that distinguish a person or group.

Brand personality

The specific mix of human traits that may be attributed to a particular brand:


- sincerity, excitement, competence, sophistication and ruggedness.

Motive (drive)

A need that is sufficiently pressing to direct the person to seek satisfaction of the need.



A need becomes a motive when it is aroused to a sufficient level of intensity

Sigmund Freud

People are largely unconscious about the real psychological forces shaping their behavior. His theory: a person's buying decisions are affected by subconscious motives that even the buyer may not fully understand.

Maslow Hierarchy of needs

Perception

The process by which people select, organize, and interpret information to form a meaningful picture of the world.

It is impossible for a person to pay attention to all the stimuli... different kinds of selection

- selective attention


- selective distortion


- selective retention

Subliminal advertising

Being affected by marketing messages without even knowing it

Learning

Changes in an individual's behavior arising from experience

Belief

A descriptive thought that a person holds about something

Attitude

A person's consistently favorable or unfavorable evaluations, feelings, and tendencies toward an object or idea.

Compex buying behavior

Consumer buying behavior in situations characterized by high consumer involvement in a purchase and significant perceived differences among brands.

Four types of buying behavior

The buyer decision process

1. need recognition


2. information search


3. evaluation of alternatives


4. purchase decision


5. postpurchase behavior

Adoption process

- awareness


- interest


- evaluation


- trial


- adoption