04 - The behaviour of buyers I - Individuals Flashcards

1
Q

What is buyer/consumer behaviour research?

A

Research that deals with those aspects of human behaviour that have to do with the purchase and consumption of commercial goods and services

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2
Q

From buyer behaviour to consumption experience

A
  • Grand logical flow theories
  • Attitude theory
  • Information processing and decision making
  • Experimental consumtion and consumer culture theory
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3
Q

What does Grand logical flow theories do?

A
  • Constitute the field
  • Draw theoretical constructs together
  • Create common language
  • Open up for research questions

-… At the expense of specificity… they are not testable

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4
Q

Explain the constructive consumer choice process (Bettman, J. R., Luce, M. F., & Payne, J. W. (1998). Constructive consumer choice processes.)

A

Meta goals:
- Accuracy
- Effort
- Experience of negative emotions
- Justification

Characteristics of choice situations:
- Problem size
- Time pressure
- Attribute correlation
- Completeness of information
- Information format
- Comparability of choices
- Framing

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5
Q

Explain attitude theory (The Fishbein Model)

A

You have som personal evaluation of attribute towards a product, which leads you to have some beliefs about the product as well. These define your attitude towards a certain product.

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6
Q

The theory of planned behaviour (Udvidet Fishbein Model)

A

Attitude, subjective norms and Perceived behavioral control defines your intentions which results in the actual behavior

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7
Q

Pin out the processes and points in the Experimental consumption cycle

A
  1. Wanting and planning to buy a product
  2. Buying the product
  3. Consumption (Use the product)
  4. Disposal

Repeat

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8
Q

Explain this model

A

There are some environmental (External) inputs that influence our information processing and choices, which results in how we behave as consumers. These inputs are:

  • Products
  • Stimulus properties (verbal/non-verbal)
  • Communication content

There are also consumer inputs (internal) that influence our information processing and choices, which results in how we behave as consumers. These inputs are:

  • Ressources (Time, money etc.)
  • Task definition (With what purpose are we buying the product?)
  • Type of involvement
  • Search activity
  • Individual differences (Demographics, religion etc.)
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9
Q

Major messages from this lecture

A

The field of buyer/consumer behaviour is characterized by many, partly competing theories with roots in a multitude of fields

However: Decision-making, Attitude theory, and to a lesers extent Experiental consumption dominates the field

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10
Q

Explain the domain: The behaviour of buyers

A

“why do which buyers purchase what they do, where they do, when they do, and how they do?

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11
Q

NAme the roots for buyer behaviour

A
  • Economics
  • Sensory Science
  • Psychology
  • Sociology
  • Anthrolopogy/Ethnography
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12
Q

Explain the information processing view

A

The information processing perspective are the consequences of consumer choice typically are viewed in terms of the product’s useful function

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13
Q

Explain the experiential view

A

In the experiential view, the consumption appears in the fun and pleasure the purchase evokes

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14
Q

Explain the Intervening response system

A

Experiential system
Information processing system

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15
Q

What does the text: The experiential aspects of consumption: Consumer fantasies, feelings, and fun. Holbrook, M. B., & Hirschman, E. C. (1982) Explain?

A

Explains that there are different inputs that influence the decision of a purchase. This can be split as environmental inputs or consumer inputs. All these inputs have an influence with a experimental view or information processing view. The information processing perspective are the consequences of consumer choice typically are viewed in terms of the product’s useful function. In the experiential view, the consumption appears in the fun and pleasure the purchase evokes. So, a decision to make for a consumer is also whether he buys a product with an information processing view or an experimental view.

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16
Q

What does the text: Bettman, J. R., Luce, M.F. & Payne, J.W. (1998). Constructive consumer choice processes. Explain?

A

Bettman (1998) argues a way consumers make their decisions are by comparing efforts to accuracy. A way can be to set up alternative solutions for a number of cars. It can for example be car A, B, C, D, E. After that the consumer will find some attributes he values highly and then give each car points within these attributes. Then in the end, the consumer will be able to identify the car that suits the consumer the best. This can be called the weighted adding (WADD) method, which requires a lot of effort but gain a high accuracy. Other methods include EQW, LEX, EBA and RC (Bettman, 1998).

The article argues that rational choice theory is incomplete in order to understand how consumers actually make decisions. Consumers faces bounded rationality, which means that decision makers have limitations on their capacity for processing information (p. 187). There is focus on the concepts: accuracy and effort.

17
Q

NAme some specific decision strategies

A

Weighted adding strategy (WADD)
the lexicographic strategy (LEX)
satisficing (SAT)
elimination-by-aspects (EBA)
the equal weight strategy (EQW)
the majority of confirming dimensions strategy (MCD)