Chapter 3 -- Consumer Behavior

Chapter 3--Consumer Behavior

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Consumer Behavior
Actions a person takes when purchasing and using products and services
Purchase Decisions Process
Stages that a lawyer passes through when making choices about which products or services to buy
Involvement
Personal, social, and economic significance of a purchase to the consumer
Motivation
Energizing force that stimulates behavior to satisfy a need
Personality
A persons consistent behaviors or responses to recurring situations
Perceived risk
Anxiety felt when a consumer cannot anticipate possible negative outcomes of a purchase
Learning
Behaviors that result from repeated experience or reasoning.
Brand loyalty
Favorable attitude toward and consistent purchase of a single brand over time
Attitude
Tendency to respond to something a consistently favorable or unfavorable way
Beliefs
Consumers perceptions of how a product or brand performs
Opinion leaders
Individuals who have social influence over othersw
Word of mouth
People influencing each other in personal conversations
Reference groups
People to whom an individual looks as a basis for self-appraisal or as a source of personal standards
Family lIfe cycle
A family progressions from formation to retirement with each phase bringing distinct needs and purchasing behaviors
Culture
A set of values, ideas, and attitudes that are learned and shared among the members of a group