Chapter 10 & 11 Flashcards

1
Q

Issues related to purchase and post-purchase activities

A

This illustrates that many contextual factors affect our choices.
Antecedent states (time pressure, mood, shopping orientation)
-> Purchase environment (point of purchase stimuli, experience, sales interation)
-> Post-purchase process (Consumer satisfaction)

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2
Q

In-store decision making

A

Spontaneous shopping:
- Unplanned buying (it was not in the list) vs Impulse buying (more focus on emotions)

Point of purchase stimuli:
(a well design store can increase impulse for buying)

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3
Q

The social power of groups

A

The capacity to alter the actions of others:

  • Referent power: I am fan of someone and try to copy her referent’s behavior.
  • Legitimate power: power given by the law. eg. policeman
  • Reward power: eg. teacher. She gives us points and marks.
  • Information power: she knows something we would like to know.
  • Expert power: expert in the field.
  • Coercive power: opposite of reward power. A person with the ability to punish.
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4
Q

Type of reference groups

A

Some groups have more influence power than others:

  • Cultural figure
  • Parents and family
  • Large, formal organization (we belong to HY uni since we pay tuitition)
  • Small and informal groups (mates we make in the uni)
  • Brand communities and consumer tribes. eg. BTS)
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5
Q

Brand communities and consumer tribes

A
  • Brand community is a group of consumers, who share a set of social relationships based upon usage or interest in a product.
  • Consumer tribes: they share emotions, moral beliefs, styles of life and affiliated products (eg. fountain pen users) pluma.

–> Internet and social media help both of them to be hot topics for marketers.

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6
Q

Conformity

A

A change in beliefs or actions as a reaction to group pressure.
Some are more vulnerable than others to this pressure.

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7
Q

Why do we conform?

A
  • Cultural pressure
  • Fear of deviance (individuals think the group apply sanctions to punish noncomforming behaviors)
  • Commitment (the least committed has more power, since he does not care if others reject him)
  • Susceptibility to interpersonal influence (person’s need to have others think highly of him/her)
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8
Q

Word of mouth (WOM)

A

product information transmitted by individuals directly to individuals.

  • Most reliable, chepeast form of marketing.
  • Use social pressure to facilitate conformity.
  • Influences 2/3 of sales
  • We rely upon WOM more in later stages of product adoption/ mature products.
  • Especially powerful when we are unfamiliar with the product.
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9
Q

Negative WOM

A

negative WOM has more impact on us than positive WOM.

And we have more focus on avoiding the “negative” option.

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10
Q

Opinion leadership

A
  • Opinion leader influence others attitudes and behaviors.
  • They are good info sources because they:
  • -may be expert
  • -provide neutral/unbiased evaluation
  • -are socially active and popular
  • -are similar to the consumer.
  • -are usually among the first to buy (i.e. “adopters” or “innovators”)
  • -absorb risk.
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11
Q

Market maven

A

Market mavens actively involved in accumulating and diemination marketplace info of all types.

  • -know how and where to get stuff.
  • -may not actually buy products!
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12
Q

Surrogate consumers

A

is the marketing intermediary since coonsumers need help to make a decision making due to the big amount of variety.

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13
Q

Marketing implications

A
  • BUZZ: noise of WOM. What is trend now?
  • Influencers
  • Viral marketing
  • YouTube revolution
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