Chapter 3: Consumer behavior Flashcards

1
Q

Consumer behavior

A

study of when, where, and how people buy things and then dispose of them.

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2
Q

search advertisting

A

ads that appear on the Web pages you pull up after doing an online search.

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3
Q

Stages in the Buying Process

A
  1. need recognition, 2. search for product info, 3. product evaluation, 4. product choice and purchase, 5. postpurchase use and evaluation, 6. disposal of the product
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4
Q

evaluative criteria

A

certain characteristics that are important to you (price, size, number, color, compartments, etc.)

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5
Q

Postpurchase dissonance

A

“buyer’s remorse”; situation in which consumers rethink their decisions after purchasing products and wonder if they made the best decision.

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6
Q

planned obsolescence

A

deliberate effort by companies to make their products obsolete, or unusable, after a period of time

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7
Q

impulse buying

A

purchasing a product with no planning or forethought

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8
Q

low-involvement products

A

products that carry a low risk of failure and/or have a low price tag for a specific individual or group making the decision

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9
Q

routine response behavior

A

when consumers make automatic purchase decisions based on limited information or information they have gathered in the past

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10
Q

high-involvement products

A

carry a high risk to buyers if they fail, are complex, or have high price tags

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11
Q

extended problem solving

A

purchasing decisions in which a consumer gathers a significant amount of information before making a decision

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12
Q

limited problem solving

A

consumer already has some information about a good or service but continues to search for a bit more information

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13
Q

atmospherics

A

physical aspects of the selling environment retailers try to control

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14
Q

personality

A

describes a person’s disposition as other people see it

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15
Q

Big Five Traits

A

Openness - how open you are to new experiences.
Conscientiousness: how diligent you are.
Extraversion: how outgoing or shy you are.
Agreeableness: how easy you are to get along with.
Neuroticism: how prone you are to negative mental states.

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16
Q

self-concept

A

how you see yourself

17
Q

ideal self

A

how you would like to see yourself

18
Q

chronological age

A

actual age in years

19
Q

cognitive age

A

how old you perceive yourself to be

20
Q

psychographics

A

combines the lifestyle traits of consumers (single/married, wealthy/poor, well-educated/high-school dropout) and their personality styles with an analysis of their attitudes, activities, and values to determine groups of consumers with similar characteristics.

21
Q

motivation

A

inward drive we have to get what we need

22
Q

perception

A

how you interpret the world around you and make sense of it in your brain.

23
Q

selective perception

A

process of filtering out information based on how relevant it is to you

24
Q

selective retention

A

process whereby a person retains information based on how well it matches their values and beliefs.

25
Q

shock advertising

A

advertising designed to startle people so as to get their attention.

26
Q

subliminal advertising

A

advertising that is not apparent to consumers but is thought to be perceived subconsciously by them.

27
Q

learning

A

refers to the process by which consumers change their behavior after they gain information or experience with a product

28
Q

operant conditioning

A

type of behavior that’s repeated when it’s rewarded.

29
Q

attitudes

A

“mental positions” or emotional feelings people have about products, services, companies, ideas, issues, or institutions

30
Q

culture

A

refers to the shared beliefs, customs, behaviors, and attitudes that characterize a society

31
Q

subculture

A

group of people within a culture who differ from the dominant culture but have something in common with one another.

32
Q

social class

A

group of people who have the same social, economic, or educational status in society.

33
Q

reference groups

A

groups a consumer identifies with and wants to join.

34
Q

opinion leaders

A

people with expertise in certain areas.