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19 Cards in this Set

  • Front
  • Back

Consumer Behavior

is important for marketers to learn how knowledge and understanding of the consumer can lead to develop promotional strategies that favor the marketers brand.

consumer making decisions

Problem recognition /motivation



consumer making decisons

information search/ perception

consumer making decisions

alternative evaluation / attitude formation

consumer making decisions

purchase decision/ integration

consumer making decision

post purchase decision/ learning

problem recognition

Out of stock


dissatisfaction


new needs or wants


new purchase products

Motivation

•Howthe consumer perceives the problem and becomes motivated (or not motivated) todo something, will shape the rest of the consumer decision making process.

information search

•Thesecondstep in the consumer decision making process is information search.

internal vs external search

–Internal searchinvolves a scan of information stored in memory to recall past experiences orknowledge regarding purchase alternatives.

–External searchinvolves goingtooutside sources to acquire information.EX: family, friends, peers, co workers

Perception

marketers want to know


–Howconsumers sense external information


–Howthey select and use sources of information–Howinformation is interpreted and given meaning

Alternative Evalation

•You’vesearched for information. Now, you haveto decide which brands you would consider.

Brand Evaluation

Objective attributes:Price, features, warranty, service


Subjective attributes: Image, style, performance

Purchase Decision

Purchaseintention:notthe same as purchase. Brand Loyalty

Post Evaluation

(AFTER PURCHASE)


Satisfaction/ Dis-satisfaction


cognitive dissonance

cognitive dissonance
•The feelings of doubt and concernaftera purchase is made.

Consumer Decision making variations

–Routineresponse behavior

–Limitedproblem solving


–Extendedproblem solving

External Influences on Consumer Behavior

Culture


subculture


social class


reference group


situational determinants

Situational Determinants

Usage situation


purchase situation


communication situation