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Consumer Behavior Exam 1
Consumer Behavior
51
Marketing
Undergraduate 4
10/14/2015

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Cards

Term
Consumer Behavior
Definition
the study of individuals, groups and the processes they use to select, secure, use, and dispose of products, services, exoeriences, or ideas
Term
Applications in Consumer Behavior
Definition
  • Marketing Strategy
  • Regulatory policy
  • Social Marketing
  • Informed Individuals
Term
Market segment
Definition
A portion of a larger market whose needs differ somewhat from the larger market
Term
Market segmentation
Definition
the process of dividing a market into a number of smaller more similar pieces or submarkets
Term
Target marketing
Definition
A group of persons or organizations for which an organization designs, implements, and maintains a marketing mix
Term
Marketing strategy
Definition

Answer to the question: "How will we provide superior costumer value to our target market?"

 

An organization's strategy that combines all of its marketing goals into one comprehensive plan


Term
Marketing Mix
Definition
Product, Price, Place, Promotion
Term
Total product
Definition
is presented to the target market, which is consistently engaged in processing information and mkaing decisions designed to maintain or enhacneits lifestyle of performance
Term
Culture
Definition
the complex whole that include knowledge, belief, art, law, morals, customs, and any other capabilities and habits acquired by humans as a member of society
Term
Culutral values
Definition
are widely held beliefs that affirm what is desirable
Term
Nonverbal communications systems
Definition
the arbitrary meanings that a culture assigns actions, events, and things other than words
Term
Cultural Variations in Nonverbal Communications
Definition
  • Time
  • Space
  • Symbols
  • Relationships
  • Agreements
  • Things
  • Etiquette
Term
Time
Definition

The meaning of time varies between cultures two major ways:

Time perspective- Mono and Polychronic

Time interpretations- Use of time and promptness

Term
Space
Definition
Overall use and meanins assigned to space vary widelt among different cultures-- Prestige and personal space
Term
Symbols
Definition

Colors, animals, shapes, numbers, and music have varying meanings across cultures

 

White: Purity-Us, mourning-Far east

Purple: Death- many Latin American countries

Blue: Feminine: Holland, Masculine: US and Sweden

Yellow flowers: Death- Mexico, Infidelity- France, Friendship-US

Term
Relationships
Definition

how quickly and easily do cultures form relationships and make friends?

Americans tend to form rekationships and friends quickly and easily; Chinese relationships are much more complex

Term
Agreements
Definition
Some cultures rely on a legal system; others rely on relationships, friendships, etc.
Term
Things
Definition
The differing meanings that cultures attach to things, including products, make gift giving a difficult task
Term
Etiquette
Definition
the generallt accepted ways of bahaving in social situations
Term
Global teeage culture
Definition
  • Mass media dn the Internest have had a uniform impact on teens around the world
  • They tend to watch many of the same shows, movies, music and dress alike
  • Tech is important 
Term
Cross cultural marketing strategy
Definition
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Term
Demographics
Definition

Describe a population in terms of its size, structure, and distribution

  • Size: population
  • Distribution: location geographically
  • Structure: describes the population in terms of age, income, education, and occupation
Term
Social stratification
Definition
refers to groups of people who are arranged in some sort of ranked order
Term
Social rank
Definition
one's position relative to others on one or more dimensions valued by society
Term
Measurement of Social Class
Definition
  • Education
  • Occupation
  • Income
  • Interactions
  • Posessions
  • Neighborhood
Term
Subculture
Definition
a segment of a larger culture whose members share distiguishing values and patterns of behavior
Term
Ethnic subcultures
Definition
those subcultures whose members' unique shared behaviors are based on a common racial, language, or nationality background
Term
Religious Subcultures
Definition
  • Christian subcultures: Roman Catholic, Protestant, Born-Again Christian
  • Non-Christian subcultures: Jewish, Muslim, Buddhist
Term
Regional subcultures
Definition

arise as a result of the following:

  • climate conditiond
  • natural environment and resources
  • characteristics of the various immigrant groups that have settled in each region
  • signification social and political events
Term
Family Household
Definition
having at least two members, related by birth, marriage or  adoption living together
Term
Non-family households
Definition
made up of householders who either live alone or with others to whom they are not related
Term
Traditional family
Definition
refers to a married opposite-sex couple and their own or adopted children living at home
Term
Step family
Definition
a married couple family household with at least one child under the age of 18 who is a stepchild
Term
Multigenerational family
Definition

A household containing:

  • at least two adult generations, or
  • a grandparent and at least one other generation
Term
Family decision making
Definition
the process by which decisions that directly or indirectly involve two or more family members are made
Term
Family decision making
Definition
  • Initiator(s)
  • Information gather(s)
  • Influencer(s)
  • Decision maker(s)
  • Purchaser(s)
  • User(s)
Term
Group
Definition
two or more individuals who are a set of norms, values, or beliefs
Term
Reference group
Definition
a group whose presumed perspectives or values are being used by an individual as the basis for his/her current behavior
Term
4 Criterion to Classify Groups
Definition
  • Membership criterion: ingroups vs outgroups
  • Strength of Social Tie: Primary v secondary groups
  • Type of Contact: Direct v Indirect
  • Attraction: Aspiration v dissociative groups
Term
Consumption subculture
Definition
group that self selects on the basis of a shared commitment to a particular product class, brand, or consumption activity
Term
Brand community
Definition
group based on a set of social relationships among owners of a brand & the psychological relationship they have with the brand, the product in use, and the firm
Term
Online community
Definition
a community that interacts over time around a topic of interest on the Internet
Term
Informational influence
Definition
the influence of knowledge gained from other people on a consumer
Term
Normative influence
Definition
is a heavy weighting of socal pressure on a consumer
Term
Identification influence
Definition
occurs when individuals use the perceived group norms and values as a guide for their own attitudes or values
Term

Word of Mouth 

(WOM)

Definition
involves individuals sharing information with other individuals in a verbal form, including face-to-face, phone, &  the Internet
Term
Opinion leader
Definition
a person who is frequently able to influence others' attitudes or behaviors. This person filters, interprets, and passes along information
Term
Communication within Groups
Definition

Strategies designed to generate WOM and encourage opinion leadership include:

  • Advertising, product sampling, retailing, creating buzz
Term
Innovation
Definition
an idea, practice, or product perceived to be new by the relevant individual or group
Term
Categories of Innovations
Definition
  • Continuous: requires relatively minor or no changes in behavior
  • Dynamically continuous: requires moderate change in an important behavior or vice versa
  • Discontinuous: requires major changes in behavior of significant importance
Term
Diffusion of Innovations
Definition

The diffusion process is the manner in which innovations spread throughout a market. For most innovations the diffusion process appears to follow a  similar patter over time:

  • A period of relatively slow growth
  • Followed by a period of rapid growth
  • Followed by a final period of slow growth

 

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