Chapter 14 Flashcards
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).
Consumer decision-making
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.
Consumer Journey
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.
Need recognition
Purchase decisions that are “automatic” and made without much thought because the products involved are inexpensive and purchased frequently.
Routinized response behavior
The degree of personal relevance that the product or purchase holds for the consumer.
Consumer involvement
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.
Pre-purchase search
The specific brands (or models) a consumer considers when deciding which item to purchase within a particular product category.
Evoked set (consideration set)
Brands (or models) that the consumer excludes from purchase consideration because they are unacceptable and often considered inferior.
Inept set
Brands (or models) the consumer is indifferent toward because they are perceived as not having any particular advantages.
inert set
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.
Compensatory decision rules
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.
Noncompensatory decision rules
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.
Conjunctive decision rule
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.
Lexicographic decision rule
The consumer selects the brand with the highest perceived overall rating.
Affect referral decision rule
Consumers choose the most familiar product or brand.
Recognition heuristic