Marketing Test 2 Chapter 5

Marketing

21 cards   |   Total Attempts: 182
  

Cards In This Set

Front Back
Behavior of individuals and households that buy, use and dispose of products,services, ideas, for personal consumption.
Consumer Buying Behavior
All individuals and households who buy products for personal consumption
Consumer Market
2 STEP Consumer Behavior Process
1. Consumer Makes purchase2. Consumer uses or disposes of product
Marketing and other stimul enter the buyer's "black box" and produce certain choice/purchase responses.
Stimulus Response Model
Cultural Values
Language, Myths, Customs, Rituals, Laws, Material Artifacts.
Core American Values
Success, Freedom, Individualism, Materialism, Progress
A group within a society whose members share distinctive beliefs or common experiences
Subcultures
Characteristics Affecting Consumer Behavior
1. Cultural2. Social3. Personal4. Psychological
One of the biggest influential consumer groups
College Students
Brand Personality Dimensions
Sincerity, Excitement, Ruggedness, Competence
Consumer Behavior - Psychological
Motivation, Perception, Learning, Beliefs and attitudes
Selective Exposure
Consumer notices certain stimuli and ignores others
Selective Distortion
Consumer changes or distorts information that conflicts with feelings or beliefs
Selective Retention
Consumer remembers only that information that supports personal beliefs
Complex Buying Behavior
High InvolvementSignificant differences between brands