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consumers in the market place
exam 1
12
Marketing
Undergraduate 2
10/02/2009

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Term
consumer behavior:
Definition
activities people undertake when obtaining consuming and disposing of products and services
Term
what is consumption analysis?
Definition
why how and where when people use products in addition to why and how people buy
Term
3 major approaches to studying consumer behavior are;
Definition
observation, experimentation, and surveys and interviews
Term
what are the underlying principles of consumer behavior ?
Definition
the consumer is sovereign, is global, are different and alike, and consumer has rights
Term
consumer bill of rights:
Definition
consumers have a right to ...
1. safety
2.be informed
3.choose
4.be heard
5.enjoy clean and healthy environment
6. the poor and other minoritiesto have interests
Term
seven stages of consumer decision process:
Definition
1.need recognition
2.search for info
3.pre purchase
4.purchase
5.consumption
6.post consumption
7.divestment
Term
marketer dominated refers to:
Definition
anything supplied for puposes of informastion and persuasion
Term
nonmarketer dominated:
Definition
friends, opinion leaders, friends, media...
Term
evaluative criteria:
Definition
standards and specification uswed to compare different products and brands
Term
salient attributes:
Definition
what is most important to customer (fit/brand)
Term
determinant attributes:
Definition
usually determine which brand or product the consumers choose
Term
reasons why intention may change during purchase stage:
Definition
in store promotions, discounts sals people, failure to find product, lack of financial resources
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