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Ch 5 Objectives
Book Chapter 5 objective questions and answers
8
Marketing
Undergraduate 3
10/25/2012

Additional Marketing Flashcards

 


 

Cards

Term
Define consumer behavior and describe the role it plays in marketing decisions
Definition
consumer behavior refers to the buyer behavior of individual consumers. it plays a huge rol in marketing decisions, including what goods and services to offer, to whom, and where. If marketers can understand the factors that influence consumers, they can develop and offer the right products to those consumers.
Term
interpersonal determinants of consumer behavior
Definition
~CULTURAL: work ethic or desire for wealth.
~SOCIAL: class, opinion leaders, affiliated reference groups
~FAMILY:spouses, parents, grandparents, children
Term
personal determinants of consumer behavior
Definition
~NEED: imbalance btwn consumer's actual and desired states
~MOTIVE: inner state that directs a person toward the goal of satisfying a need
~PERCEPTION: meaning caused by incoming stimuli
~ATTITUDE: enduring evaluations, emotions, or action tendencies
~SELF-CONCEPT: people will likely choose products that move them closer to their ideal self image.
Term
High/Low involvement purchase decisions
Definition
~HIGH: purchases with high levels of potential social or economic consequences.
~LOW: routine purchases that pose little risk to the consumer
Term
6 steps to consumer decision process
Definition
~problem or oppotunity gecognition
~search
~alternative evaluation
~purchase decision
~purchase act
~post purchase evaluation
Term
routinized response behavior
Definition
refers to repeat purchases made of the same brand or limited group of items
Term
limited problem solving
Definition
occurs when a consumer previously sets criteria for a purchase but then encounters a new brand or model
Term
extended problem solving
Definition
results when brands are difficult to categorize or evaluate.
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