Chapter 8-12 (minus 10) Flashcards

1
Q

Chapter 8: CH8: What are our primary reference groups? (6)

A

Primary group - includes members who have frequent, direct contact with one another Secondary group - Interaction within the group is much less frequent than in a primary group Formal group - A group in which a consumer formally becomes a member Informal group - A group that has no membership or application requirements Aspirational group - A group in which a consumer desires to become a member Dissociative group - A group to which a consumer does not want to belong

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2
Q

CH8: What is conformity?

A

Occurs when an individual yields to the attitudes and behaviors of other consumers

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3
Q

CH8: What is peer pressure?

A

Pressure an individual feels to behave in accordance with group expectations •Can greatly influence behavior Negative peer pressure •Consumers sometimes succumb to group pressures that encourage counterproductive or unethical—perhaps illegal—behaviors E.G. The media’s projections create negative or positive peer pressure among the youth

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4
Q

CH8: What are the social powers? (5)

A

•Referent power: consumer admires qualities of group and emulates their behavior. E.g. mother will join local MOPS (mother of preschoolers group) •Legitimate power: specific agreements made regarding membership and punishment for non-conformity is understood. E.g. neighborhood association has power to annually increase membership fees •Expert power: groups possess knowledge that members, prospective members, or other consumers seek. E.g. consumers seek medical info from groups such as American Dental Association •Reward power: groups have power to reward members for various behaviours. E.g. weight loss clubs give prizes for weight loss goals •Coercive power: groups have power to sanction group members for breaking rules or failing to follow expectations. E.g. member of a professional association is excused for breaking a code of conduct

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5
Q

CH8: What is the difference between utilitarian and hedonic value

A

External influences have a direct impact on the value of many activities ▮Utilitarian value - A means to a valued end state ▮Hedonic value - Value is an end in itself

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6
Q

CH8: What is word of mouth?

A

Information about products, services, and experiences that is transmitted from consumer to consumer ▮Two types: •Organic •Amplified Positive and negative word of mouth: ▮Satisfied consumers are more likely to spread positive word-of-mouth ▮Negative word-of-mouth is very influential Example: ▮Rolex hires Roger Federer as a brand ambassador because of his remarkable standing in the world of sports •This association helps develop a positive word-of-mouth for the high-quality watch manufacturer Value and word of mouth: ▮Word-of-mouth is affected largely by the perceived value that consumers receive from products and services ▮The more value that consumers receive, the more likely they are to tell others about their experiences Word of mouth in the digital age: ▮Consumers seek out other online users for advice on all kinds of issues •Texting is a popular method for spreading word-of-mouth

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7
Q

CH8: What are the 3 types of people that partake in word of mouth?

A

Opinion leaders: •Consumers who have great influence on the behavior of others relating to product adoption and purchase Surrogate consumer: •Hired by another consumer to provide input into a purchase decision Market Maven: •A consumer who spreads information about all types of products and services

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8
Q

CH8: What are the household purchase roles? (5)

A

▮Influencer - The person in the household who ¬recognizes a need •Provides information about a potential purchase to ¬others ▮Gatekeeper - The person who controls information flow into the household ▮User - The actual user of the product under ¬consideration ▮Decision maker - The person who makes the final decision regarding product purchase or nonpurchase ▮Purchaser - The person who actually buys the ¬product under consideration

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9
Q

CH8: What is consumer socialization?

A

•Young consumers develop attitudes •Learn skills that help function in the marketplace

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10
Q

CH9: What are the cultural norms and sanctions?

A

CULTURAL NORMS Rule that specifies the appropriate behavior in a given situation within a specific culture CULTURAL SANCTIONS Penalty associated with performing a non-gratifying or culturally inconsistent behavior

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11
Q

CH9: What are the dimensions of cultural values? (5) (hofstedes)

A
  • Individualism - Masculinity - Power distance - Uncertainty avoidance - Long term orientation
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12
Q

CH9: What is enculturation? What is Acculturation?

A

Enculturation - The way a person learns his or her native culture Acculturation - Process by which consumers come to learn a culture other than their native culture

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13
Q

CH9: What is ethnic identification? What is consumer ehtnocentrism?

A
  • Ethnic identification - Degree to which consumers feel a sense of belonging to their culture
  • Consumer ethnocentrism - Belief among consumers that the products that come from their native land are superior to other products
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14
Q

CH9: What are the 4 institutions that shape consumer culture?

A

1.School: studying – lower classmen follow study habits of upperclassmen. If Thursday = party, chances are you don’t study then 2.Family: table manners – children observe parents and learn how to behave at table 3.Church: prayer – people observe others in church to learn appropriate way to behave when in church 4.Media: language – consumers learn slang by repeating terms learned through TV, movies, music, and internet media

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15
Q

CH11: How does time affect consumer behavior?

A

-Time pressure SENSE OF URGENCY -Time of year SEASONALITY -Time of day CIRCADIAN CYCLE Example of seasonality: ▮A pair of woolen gloves is worth more to a consumer on a cold, winter night than it might be on a warm, sunny afternoon

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16
Q

CH11: What are the different shopping activities?

A

Shopping activities: -Acquisitional -Epistemic -Experiential -Impulsive ▮Example: Window shopping is a recreationally oriented activity •Provides interest, excitement, relaxation, fun, and entertainment

17
Q

CH11: What is impulsive consumer behavior? What is consumer self-regulation?

A

▮Impulsivity - Represents how sensitive a consumer is to immediate rewards ▮Consumer self-regulation - Tendency for consumers to inhibit outside, or situational, influences from interfering with shopping intentions •Action-oriented - High capacity to self-regulate •State-oriented - Low capacity to self-regulate

18
Q

CH11: Whats the difference between atmospherics and servicescape?

A

▮Atmospherics - Feelings created by the total aura of physical attributes that comprise the physical environment ▮Servicescape - Physical environment in which consumer services are performed

19
Q

CH12: What are the 5 stages of decision making process?

A
  • need recognition
  • search for information
  • evaluate alternatives
  • choice
  • post choice evaluation
20
Q

CH12: what are the factors influencing the amount of search?

A

▮Involvement ▮Perceived risk ▮Value of search effort ▮Time availability ▮Attitude toward shopping ▮Personal factors ▮Situational influencers

21
Q

CH12: what is search regret?

A

▮Negative emotions that come from a failed search process ▮When consumers are unable to find a solution to their problems, the decision-making process stops •Consumers may feel the process was a wasted effort Example: ▮Reuben browsed through 3 online retailers’ websites looking for the game, Assassin’s Creed Brotherhood ▮Every website said that the product is out of stock ▮He was frustrated by the amount of time he spent looking for the game

22
Q

CH12: What are the perspectives on Consumer Decision Making? (3)

A

1.Rational perspective: Consumers are rational and carefully arrive at decisions. E.g. valarie considers various features of new dishwasher 2.Experiential perspective Decision making often influenced by feelings associated with consumption. E.g. riley goes longboarding just for fun 3.Behavioural influence perspective Decisions are responses to environmental influences. E.g. product display leads Karissa to buy snack

23
Q

CH12: What is the consumption process? (6)

A
  • Need - Want - Exchange - Costs and benefits - Reaction - Value
24
Q

CH12: What are the Decision making approaches? (3)

A

HABITUAL DECISION MAKING oBrand loyalty - Deeply-held commitment to rebuy a product or service regardless of situational influences that could lead to switching behavior oLoyalty programs provide benefits for consumers and marketers oLow involvement, low risk LIMITED DECISION MAKING oAvg involvement, avg risk EXTENDED DECISION MAKING oHigh involvement, high risk