5. Consumer Markets and Buy Behavior Flashcards
Culture (values, perceptions, wants, and behaviors)
The set of basic “values, perceptions, wants, and behaviors”/ learned by a member of society/ from family and other important institutions.
Subculture (group of people with shared value systems)
A “group of people with shared value systems” based on common life experiences and situations.
Subcultures include nationalities, religions, racial groups, and geographic regions.
Total market strategy (ethnic themes + cross-cultural perspectives)
“Integrating (hợp nhất) ethnic themes and cross-cultural perspectives” within a brand’s mainstream marketing, appealing to consumer similarities across subcultural segments rather than differences.
Social classes (permanent and ordered divisions)
Relatively “permanent and ordered divisions” in a society whose members “share similar values, interests, and behaviors”
Measured as a combination of occupation, income, education, wealth, and other variables
Marketers are interested in social class because people within a given social class tend to exhibit similar buying behavior. Social classes show distinct product and brand preferences in areas such as clothing, home furnishings, travel and leisure activity, financial services, and automobiles.
group (to accomplish individual or mutual goals)
Two or more people who “interact to accomplish individual or mutual goals”.
Membership groups (direct influence)
Groups that have a “direct influence and to which a person belongs”
Reference groups (direct/face-to-face interactions or indirect points of comparison or reference -> form a person’s attitudes or behavior) People often are influenced by reference groups to which they do not belong.
serve as direct (face-to-face interactions) or (indirect points of comparison or reference) in “forming
a person’s attitudes or behavior”
People often are influenced by reference groups to which they do not belong.
Marketers try to identify the reference groups of their target markets. Reference groups expose a person to new behaviors and lifestyles, influence the person’s attitudes and self-concept, and create pressures to conform that may affect the person’s product and brand choices.
aspirational group (wishes to belong)
one to which the individual “wishes to belong”
For example, a young basketball player hopes to someday emulate basketball star LeBron James and play in the NBA.
Word-of-mouth influence (personal words and recommendations)
The impact of the personal words and recommendations of trusted friends, family, associates, and other consumers on buying behavior.
Opinion leader (within a reference group + social influence)
A person “within a reference group” who, because of special skills, knowledge, personality, or other characteristics, exerts “social influence” on others.
Online social networks
Online social communities—blogs, online social media, brand communities, and other online forums—where people socialize or exchange information and opinions.
3 social factors
1. groups and social networks \+ group \+ word-of-mouth influence \+ opinion leader \+ online social networks
- family (the most important consumer-buying organization in society)
- roles and status (A role consists of the activities people are expected to perform according to the people around them. Each role carries a status reflecting the general esteem given to it by society.)
Lifestyle (personal) (pattern of living )
A person’s pattern of living as expressed in his or her activities, interests, and opinions.
Characteristics Affecting Consumer Behavior
- Cultural factors: culture, subculture, social class
- Social factors: groups and social networks, family, roles and status
- Personal factors: occupation, age and life stage, economic situation, lifestyle, personality and self-concept
- Psychological factors: motivation, perception, learning, belief and attitudes,
personality (personal) (unique psychological characteristics)
The unique psychological characteristics that distinguish a person or group.
motivation/motive/drive (need that is sufficiently pressing to direct the person)
a need that is sufficiently pressing to direct the person to seek satisfaction of the need.