Chapter 6 -- Overview Flashcards
What is consumer behavior?
how consumers make purchase decisions and how they use and dispose of the purchased G&S
What is the consumer decision-making process?
- need recognition
- information search
- evaluation of alternatives
- purchase
- postpurchase behavior
What is need recognition?
the result of an imbalance between actual and desired states
What is a want?
the recognition of an unfulfilled need and a product that will satisfy it
Wants are triggered by stimuli. What are the types of stimuli?
Internal: occurrences you experience, such as hunger or thirst
External: influences from an outside source
What is the want-got gap?
A difference between what a consumer has and what he/she would like to have
What is an internal information search?
Person recalls information from memory; usually from previous experience
What is an external information search?
Seeks information in the outside environment; nonmarketing controlled and marketing controlled
What is a nonmarketing controlled information source?
product information that is not associated with marketers promoting a product, such as personal experiences, personal sources, and public sources
What is a marketing-controlled information source?
Biased toward a specific product because it originates with marketers promoting that product, such as mass media advertising, sales promotion, product labels and packaging, and the Internet
As the perceived risk of the purchase increases, the consumer ___ the search and ___.
Consumer enlarges the search and considers more alternative brands
What factors change the extent to which an individual conducts an external search?
- perceived risk
- knowledge
- prior experience
- level of interest in the G or S
What is an evoked set?
AKA consideration set, which are the consumer’s most preferred alternatives
What are factors that help consumers evaluate and compare alternatives?
- environment
- internal info
- external info
What are two purchase decision processes?
- piecemeal process
2. categorization process
What is the difference between a fully planned purchase, partially planned purchase, and an unplanned purchase?
fully planned: buying an expensive or complex item, based on a lot of info
partially planned: know a product category they want to buy but wait until they get to the store to choose the style/brand
unplanned: people buy on impulse
What is cognitive dissonance?
people recognize inconsistency between their values or opinions and their behavior; marketers must reduce lingering doubts on whether a decision was sound
How do consumers reduce dissonance?
- justifying their decision
- seeking info that reinforces positive ideas about the purchase
- avoid information that contradicts their decision
- revoke the original decision by returning the product
How can marketers reduce dissonance?
effective communication with purchasers
What are products associated with routine response behavior?
frequently purchased, low cost G&S like juice, toothpaste