CHAPTER 1: W2 INTRODUCTION TO CONSUMER BEHAVIOR Flashcards
The behavior that consumers display in searching for,
purchasing, using, evaluating, and disposing of products
and services that they expect will satisfy their needs.
Consumer behavior
The individual who buys goods and services for his or
her own use, for household use, for the use of a family member, or for a friend.
Personal consumer
WHY CONSUMER BEHAVIOR BECOME A SEPARATE DISCIPLINE FROM MARKETING?
- __________ came to realize that consumers did not act or react as the theory suggested they would.
marketers
WHY CONSUMER BEHAVIOR BECOME A SEPARATE DISCIPLINE FROM MARKETING?
consumers prefer products that reflected their___________, ____________, and__________.
special needs, personalities, and lifestyle
WHY CONSUMER BEHAVIOR BECOME A SEPARATE DISCIPLINE FROM MARKETING?
- buyers exhibited diversified ____________and __________________purchase behavior
preferences and less predictable
OTHER FACTORS THAT CONTRIBUTED TO THE GROWING INTEREST IN CONSUMER BEHAVIOR?
- The accelerated rate of ____ product development.
new
OTHER FACTORS THAT CONTRIBUTED TO THE GROWING INTEREST IN CONSUMER BEHAVIOR?
- The consumer ___________.
movement
OTHER FACTORS THAT CONTRIBUTED TO THE GROWING INTEREST IN CONSUMER BEHAVIOR?
-Public _______ considerations.
policy
OTHER FACTORS THAT CONTRIBUTED TO THE GROWING INTEREST IN CONSUMER BEHAVIOR?
_________________ concerns.
Environmental
OTHER FACTORS THAT CONTRIBUTED TO THE GROWING INTEREST IN CONSUMER BEHAVIOR?
The opening of _____________ through the world (globalization)
national markets
OTHER FACTORS THAT CONTRIBUTED TO
THE GROWING INTEREST IN CONSUMER BEHAVIOR?
(6)
01 The accelerated rate of new product development
02 The consumer movement
03 public policy considerations
04 environmental concerns
05the opening of national markets through the world (globalization)
___________ is “an expression of dissatisfaction on a
consumer’s behalf to a responsible party”. It can also be described in a positive sense as a report
from a consumer providing documentation about a
problem with a product or service.
Complain
- a product _________ is the process of a customer taking previously purchased merchandise back to
the retailer.
return
_________ in the
original form of payment, or exchange for another
item (identical or different).
refund
the ability to affect the behavior of others in a particular direction, leveraging key tactics that involve, connect, and inspire them. That’s why we’ve identified “influencing others” as one of the 4 core leadership skills needed in every role.
Influencing others
it enables consumers to gather information about products and services. Social media platforms allow users to read reviews,
compare prices, and gain insights into the features and benefits of products and services.
Exposure to media
- to affect or change how someone or something develops, behaves, or think.
Being Influence by others
refers to reading and scanning through data.
________ describes when a user reads through web pages on the Internet and is also often called surfing.
Browsing
browsing is also called_____.
surfing
LATER RESEARCH DISCOVERED
THAT CONSUMERS ARE JUST AS
LIKELY TO:
- Purchase impulsively.
- Be influenced by family, friends, advertisers and role models.
- Be influenced just as strongly by mood, situation and
emotion.
DEVELOPMENT OF
MARKETING CONCEPT (4)
product concept
production concept
selling concept
marketing concept
- Assumes that consumers will buy the product that offers them the
highest quality, the best performance and the most features.
Marketing Objectives: - quality improvement
- addition in features
product concept
- Assumes that consumers are interested primarily in product availability
at low prices.
Marketing Objectives: - cheap, efficient production
- intensive distribution
- market expansion
production concept
- Assumes that consumers are unlikely to buy a product unless they are
aggressively persuaded to do so - Lack of concern for customer needs and satisfaction
Marketing Objectives: - sell, sell, sell
selling concept
- Assumes that to be successful, a company must determine the needs and wants of specific target markets and deliver the desired
satisfactions better than the competition.
Marketing Objectives: - profits through customer satisfaction
marketing concept