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Chapter 5
Cpnsumer behavior
11
Marketing
Undergraduate 3
03/08/2012

Additional Marketing Flashcards

 


 

Cards

Term
Evaluation Criteria
Definition

Set of salient or important attribute about a particular product for example: Brightness leve, picture quality, reputation of the brand

 

Term
Determinant attributes
Definition

products that are important to buyer and competing brand or stores are perceived to differ

Consumer look for different brand and store

Term
Consumers decision rules
Definition
customer pick consciously or unconsciously quickly among different alternatives
Term
Compensatory
Definition

trades of one characteristic against another

Customer gives rate to each product and with higher overall quality rate the customer pick that product

Term
Non-compensatory
Definition
Customer only care about one characteristic or one subset of characteristic even the overall high quality rated product is not the best choice so customer pick the product that she can effort and that is for example price
Term
Decision Heuristic
Definition

help costumer narrow down choices

Price:You will get what you pay

Brand:buying good brands help customer to feel safe  of their choices

Product presentation: One home which is clean or one home which mess. Consumer want to see effort has been put in to the selling process

Term
Purchase and consumption
Definition

Customer seek out and purchase the product and services That they believe provide them with the best value

they usually consume it or "put it in the test"

Term
Ritual consumption
Definition

pattern of behavior that tied to life of event that effect on how we consume

Symbolic meaning and important by culture

Brushing your teeth with Crest or going to Starbucks or reserved for special holiday

Term
Postpurchase
Definition

The final step of the consumer decision process

Satisfy customer would purchase again and have positive attitude

3 pos purchase outcomes:

1.customer satisfaction

2.dissonance

3.loyalty

Term
Customer Satisfaction
Definition

1.Build realistic expectation, not to high and not too low

setting unrealistic consumer high expectation through advertising selling or other type of promotion may lead to higher initial sale

2.Demostrate correct product use__improper usage can casue dissatisfaction

3.Stand behind the product or service by providing money back gurantees and warraitnes

 

 

For example Marriott hotel can satisfy its customer by providing services for both large and small business

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