Chapter 5 Flashcards
consumer behavior
the process involved when individuals or groups select, purchase, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and desires
involvement
the relative importance of perceived consequences of the purchase to a consumer
perceived risk
the belief that choice of a product has potentially negative consequences, whether financial, physical, and/or social
problem recognition
the process that occurs whenever the consumer sees a significant difference between his current state of affairs and some desired or ideal state; this recognition initiates the decision making process
information search
the process whereby a consumer searchers for appropriate information to make a reasonable decision
search marketing
marketing strategies that involve the use of internet search engines
search engine optimization (SEO)
a systematic process of ensuring that your firm comes up at or near the top of lists of typical search phrases related to your business
search engine marketing (SEM)
search marketing strategy in which marketers pay for ads or better positioning
sponsored search ads
paid ads that appear at the top or beside the internet search engine results
comparison shopping agents/shopbots
web applications that help online shoppers find what they are looking for at the lowest price and provide customer reviews and ratings of products and sellers
behavioral targeting
the marketing practice by which marketers deliver advertisements for products a consumer is looking for by watching what the consumer does online
evaluative criteria
the dimensions consumers use to compare competing product alternatives
heuristics
a mental rule of thumb that leads to a speedy decision by simplifying process
brand loyalty
a pattern of repeat product purchases, accompanied by an underlying positive attitude toward the brand, based on the belief that the brand makes products superior to those of its competition
consumer satisfaction/dissatisfaction
the overall feelings or attitude a person has about a product after purchasing it
cognitive dissonance
the anxiety or regret a consumer may feel after choosing from several similar attractive choices
perception
the process by which people select, organize, and interpret information from the outside world
exposure
the extent to which a stimulus is capable of being registered by a person’s sensory receptors
subliminal advertising
supposedly hidden messages in marketers’ communications
attention
the extent to which a person devotes mental processing to a particular stimulus
interpretation
the process of assigning meaning to a stimulus based on the prior associations a person has with it and assumptions he or she makes about it
motivation
an internal state that drives us to satisfy needs by activating goal oriented behavior