Chapter 5 Flashcards
Consumer buyer behaviour
The buying behavior of final consumers individuals and households that buy goods and services for personal consumption
Consumer market
All the individuals and households that buy or acquire goods and services for personal consumption.
Buyers black box
Consists of the buyer´s characteristics and the buyer´s decisions process.
Culture
The set of basic values, perceptions, wants, and behaviours learned by a member of society from family and other important institutions.
Subculture
A group of people with shared value systems based on common life experiences and situations.
Total market strategy
Integrating ethnic themes and cross-cultural perspectives within a brand’s mainstream marketing, appealing to consumer similarities across subcultural segments rather than differeces
Social class
Relatively permanent and ordered division in a society whose members share similar values, interest, and behaviours.
Group
Two or more people who interact to accomplish individual or mutual goals.
Word-of-mouth influence
The impact of the personal words ad recommendations of trusted friends, family, associates. an other consumers on buying behaviour.
Opinion leader
A person within a reference group who, because of special skills, knowledge, personality, or other characteristics, exerts social influence on others.
Online social networks
Online social communities - blogs, online, social media, brand communities, and other online forums - where people socialize or exchange information and opinions
Lifestyle
a person’s pattern of living as expressed in his or her activities, interest, and opinions.
Personality
The unique psychological characteristics that distinguish a person or group.
Factors influencing consumer behaviour: Cultural
Culture
Subculture
Social class
Factors influencing consumer behaviour: Social
Groups and social networks
Family
Roles and status