Chapter 6 Flashcards

1
Q

Consumer Decision-Making Process

A

Cultural, Social, Individual, and psychological factors affect all steps = 1. Need recognition, 2. Information Search, 3. Evaluation of Alternatives, 4. Purchase, 5. PostPurchase Behavior

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2
Q

Stimulus

A

Any unit of input affecting one or more of the five senses..sight, smell, taste, touch and hearing.

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3
Q

Understanding Wants & Needs

A

If marketers don’t understand the target market’s needs, the right good or service amy not be produced.
An excellent way to understand needs is to view them as job statements or outcome statements.
Marketers selling their products in global markets must observe the needs and wants of consumers in various regions.

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4
Q

External Information Search- Need Less Info

A

Less Risk, More knowledge, More product experience, Low level interest, confidence in decision

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5
Q

External Information Search- Need More Info

A

More Risk, less knowledgable, less product experience, high level of interest, lack of confidence

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6
Q

Evoked Set

A

G

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7
Q

Post Purchase Behavior

A

Explain the consumer’s post purchase evaluation process

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8
Q

Cognitive Dissonance

A

Inner tension that a consumer experiences after recognizing an inconsistency between behavior and values or opinions.

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9
Q

PostPurchase Behavior

A

Consumers can reduce dissonance by:
Seeking information that reinforces positive ideas about the purchases, Avoiding information that contradicts the purchase decision, Revoking the original decision by returning the product

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10
Q

Consumer Buying Decisions and Consumer Involvement

A

(Less Involvement) Routine Response Behavior, Limited Decision Making, Extensive Decision Making (More Involvement)

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11
Q

Involvement

A

The amount of time and effort a buyer invests in the search, evaluation, and decision processes of consumer behavior.

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12
Q

Routine Response Behavior

A

Little involvement in selection process *

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13
Q

Limited Decision Making

A

Low Levels of involvement, low to moderate cost goods, evaluation of a few alternative brans

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14
Q

Extensive Decision Making

A

High levels of involvement, high cost goods, evaluation of many brands, long time to decide

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