Chapter 14 Flashcards

1
Q

A process in three stages:
1. Input (e.g., marketing mix, sociocultural influences).
2. Process (e.g., need recognition, information search, evaluation, and decision rules).
3. output (e.g., purchase, use, post-purchase evaluation, storage, and disposal, trust and loyalty).

A

Consumer decision-making

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2
Q

The newest way of describing the stages consumers pass through as they develop relationships with brands before, during, and after purchase. It includes stages where consumers interact with brands on social media.

A

Consumer Journey

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3
Q

The first step in the consumer decision-making process occurring when the consumer identifies and faces a “problem” that can be solved by buying a product or service.

A

Need recognition

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4
Q

Purchase decisions that are “automatic” and made without much thought because the products involved are inexpensive and purchased frequently.

A

Routinized response behavior

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5
Q

The degree of personal relevance that the product or purchase holds for the consumer.

A

Consumer involvement

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6
Q

A stage in the consumer decision-making process where the consumer tries to identify a product that will satisfy a recognized need better than other alternatives.

A

Pre-purchase search

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7
Q

The specific brands (or models) a consumer considers when deciding which item to purchase within a particular product category.

A

Evoked set (consideration set)

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8
Q

Brands (or models) that the consumer excludes from purchase consideration because they are unacceptable and often considered inferior.

A

Inept set

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9
Q

Brands (or models) the consumer is indifferent toward because they are perceived as not having any particular advantages.

A

inert set

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10
Q

A group of decision rules in which a consumer evaluates each brand in terms of each relevant attribute, weighted by the importance of that attribute, and then selects the brand with the highest weighted score.

A

Compensatory decision rules

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11
Q

A group of decision rules that do not allow consumers to balance positive evaluations of a brand on one attribute against negative evaluations on other attributes.

A

Noncompensatory decision rules

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12
Q

A noncompensatory decision rule in which consumers establish a minimally acceptable cutoff point for each product attribute evaluated. Brands that fall below the cutoff point on any attribute are not considered further.

A

Conjunctive decision rule

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13
Q

A noncompensatory decision rule where the consumers first ranks the attributes in terms of perceived relevance or importance. The consumer then compares the various alternatives in terms of the single attribute that is considered most important.

A

Lexicographic decision rule

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14
Q

The consumer selects the brand with the highest perceived overall rating.

A

Affect referral decision rule

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15
Q

Consumers choose the most familiar product or brand.

A

Recognition heuristic

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16
Q

Consumers choose the option that most other people choose.

A

Majority vote heuristic

17
Q

A situation that occurs when the product’s performance exceeds expectations and the consumer is satisfied.

A

Positive disconfirmation of expectations

18
Q

A situation that occurs when a product’s performance is below expectations and the consumer is dissatisfied.

A

Negative disconfirmation of expectations

19
Q

The mental discomfort that people experience when facing conflicting information about an attitude object.

A

Cognitive dissonance

20
Q

Unused products that consumers store in their cabinets, pantries, and closets.

A

Cabinet castaways

21
Q

The framework for exploring the evolution of consumers’ acceptance of new products throughout the social system.

A

Diffusion of innovations

22
Q

Focuses on the stages through which an individual consumer passes when deciding to accept or reject a new product.

A

Innovation adoption process

23
Q

Represents any item that the consumer perceives as new and is classified into three categories reflecting the extent to which consumers are required to change existing consumption behavior or buying patterns.

A

Innovation

24
Q

One of the five characteristics identified as a determinant of consumer acceptance of a new product represents the degree to which potential customers perceive a new product as superior to existing substitutes.

A

Relative advantage

25
Q

One of the five characteristics identified as a determinant of consumer acceptance of a new product representing the degree to which potential customers perceive a new product as consistent with their present needs, values and practices.

A

Compatibility

26
Q

One of the five characteristics identified as a determinant of consumer acceptance of a new product representing the degree to which a new product is difficult to understand or use.

A

Complexity

27
Q

One of the five characteristics is identified as a determinant of consumer acceptance of a new product represents the degree to which a new product can be tried on a limited basis.

A

Trial-ability

28
Q

One of the five characteristics identified as a determinant of consumer acceptance of a new product represents the ease with which a product’s benefits or attributes can be observed, imagined, or described to potential consumers.

A

Observability (communicability)

29
Q

The first stage of Innovation adoption, which is a term designating the process leading to a person’s decision of whether or not to adopt an innovation. In this stage, the person becomes aware that the innovation is available.

A

Awarness

30
Q

The second stage of the innovation adoption process, which is a term designating the process leading to a person’s decision of whether or not to adopt an innovation. In this stage, the person begins to be interested in the innovation.

A

Interest

31
Q

The third stage of Innovation Adoption, which is a term designating the process leading to a person’s decision of whether or not to adopt an innovation. In this stage, the person evaluates the innovation and decides whether he/she wants to try using it.

A

Evaluation

32
Q

The fourth stage of Innovation Adoption, which is a term designating the process leading to a person’s decision of whether or not to adopt an innovation. After becoming aware and interested in the innovation, and undertaking a “mental trial” (or evaluation), the consumer tries the innovative product, either by buying it (while being able to return it) or receiving a free sample.

A

Trial

33
Q

The final stage of Innovation Adoption, which is a term designating the process leading to a person’s decision of whether or not to adopt an innovation. After becoming aware of and interested in the innovation, and evaluating and trying it, the person adopts (purchases) the innovation. If satisfied, he/she would buy the innovation product again. If not, there will be no repeat purchases.

A

Adoption

34
Q

What are the five stages to the Adoption process?

A
  1. Awareness
  2. Interest
  3. Evaluation
  4. Trial
  5. Adoption
35
Q

A new product that is an improved or modified version of an existing product rather than a totally new product, which there has very little disruptive influence on established consumption patterns.

A

Continuous innovation

36
Q

A new product entry that is sufficiently innovation to have some disruptive effects on established practices.

A

Dynamically continuous innovation

37
Q

A dramatically new product entry that greatly disrupts existing consumption behavior and requires the establishment of new practices.

A

Discontinuous innovation