Consumer Behavior

Review for midterm. Chapters 1-8.

66 cards   |   Total Attempts: 182
  

Cards In This Set

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What is consumer behavior
The study of the process involved when individuals or groups, select, use, or dispose of products, services, ideas, or experiences to satisfy needs and wants
Who is a consumer?
A person who identifies a need or want, makes a purchase, and then disposes of the product.
What is segmenting?
Demographic, lifestyles (psychographics-the way we feel about ourselves, the things we value, the things we do in our spare time), geography name Bubba
The meaning of consumption
People often buy products not for what they do, but for what they mean. Consumers use products to define their identities in various settings. Can develop relationships with brands (nostalgia)
Do marketers create artificial needs?
Marketing creates awareness that needs exist, not to create needs
Need
A basic biological motive
Want
One way that society has taught us that the need can be satisfied
What is market segmentation?
Targeting a brand only to specific groups of consumers rather than to everybody. Relationship marketing/ database marketing= marketers are more attuned to wants and needs of different customer segments
Process of perception?
Three-stage process that translates raw stimuli into meaning: exposure, attention, interpretation
Sensation?
Immediate response of our sensory receptors to basic stimuli
Perception?
The process by which sensations are selected, organized, and interpreted.
Colors
-Emotion, biological and cultural, color in US is becoming brighter/complex, trade dress (Kodak)
Smell
Moods and memories, coffee= childhood, scents inside products and promotions, pumping smell of coffee at gas station
Hearing
Affects feelings and behaviors
Phonemes
Individual sounds that might be more or less preferred by consumers