Chapter 5 Vocab Flashcards
Attitude
A learned predisposition to respond to an object or class of objects in a consistently favorable or unfavorable way.
Beliefs
A consumer’s subjective perception of how a product or brand performs on different attributes based on personal experience, advertising, and discussions with other people.
Brand Community
A specialized group of consumers with a structured set of relationships involving a particular brand, fellow customers of that brand, and the product in use.
Brand Loyalty
A favorable attitude toward and consistent purchase of a single brand over time.
Cognitive Dissonance
The feeling of post purchase psychological tension or anxiety consumers may experience when faced with two or more highly attractive alternatives.
Consideration Set
The group of brands that a consumer would consider acceptable form among all the brands in the product class of which he or she is aware.
Consumer Behavior
The actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions.
Consumer Socialization
The process by which people acquire the skills, knowledge, and attitudes necessary to function as consumers.
Evaluative Criteria
Factors that represent both the objective attributes of a brand and the subjective ones a consumer uses to compare different products and brands.
Family Life Cycle
The distinct phases that a family progresses through from formation to retirement, each phase bringing with it identifiable purchasing behaviors.
Involvement
The personal, social, and economic significance of the purchase to the consumer.
Learning
Those behaviors that result from (1) repeated experience and (2) reasoning.
Lifestyle
A mode of living that is identified by how people spend their time and resources, what they consider important in their environment, and what they think of themselves and the world around them.
Motivation
The energizing force that stimulates behavior to satisfy a need.
Opinion Leaders
Individuals who exert direct or indirect social influence over others.