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MARK 261
Chapter 3
19
Marketing
Undergraduate 2
01/20/2011

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Cards

Term
Involvement
Definition
the extent to which a stimulus or task is relevant to a consumer's existing needs, wants or values
Term
Need for Cognition
Definition
a personality characteristic an individual displays when he/she engages in and enjoys mental activities
Term
Enthusiasm for Shopping
Definition
customers who like to shop will undertake a more in-depth search for details about goods and services
Term
Attitude
Definition
a mental position taken toward a topic, person, or event that influences the holder's feelings, perceptions, learning processes, and subsequent behaviours
Term
Values
Definition
strongly held beliefs about various topics or concepts
Term
Cognitive Maps
Definition
simulations of the knowledge structures embedded in an individual's brain
Term
Evoked Set
Definition
consists of the set of brands a consumer considers during the information search and evaluation processes
Term
Inept Set
Definition
part of a memory set that consists of the brands that are held in a person's memory but that are not considered, because they elicit negative feelings
Term
Inert Set
Definition
part of a memory set of brands that hold the brands that the consumer has awareness of but has neither negative nor positive feelings about
Term
Affect Referral
Definition
s purchasing decision model in which the consumer chooses the brand for which he/she has the strongest liking or feelings
Term
Buying Center
Definition
the group of individuals who make a purchase decision on behalf of a business
Term
Straight Rebuy
Definition
occurs when the firm has previously chosen a vendor and intends to place a reorder
Term
Modified Rebuy
Definition
the company buying team considers and evaluates new purchasing alternatives
Term
New Task
Definition
the company buys a good or service for the first time, and the product involved is one with which organizational members have no experience
Term
Derived Demand
Definition
demand based on, linked to, or generated by the production and sale of some other god or service
Term
Dual Channel Marketing
Definition
selling virtually the same goods or services to both consumers and businesses
Term
Compensatory Heuristics
Definition
a purchasing decision model that assumes that no one single brand will score high on every desirable attribute that individual attributes vary in terms of their importance to the consumer
Term
Conjunctive Heuristics
Definition
a purchasing decision model that establishes a minimum or threshold rating that brands must meet in order to be considered
Term
Phased Heuristics
Definition
a purchasing decision model that is a combination of the compensatory and conjunctive heuristics models
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