Chapter Six Flashcards
Consumer Behavior
processes a consumer uses to make purchase decisions, as well as to use and dispose of purchased goods or services; also includes factors that influence purchase decisions and product use
Consumer Decision Making Process
a five-step process used by consumers when buying goods or services (Need recognition, information search, evaluation of alternatives, purchase, post-purchase behavior)
Culture
the set of values, norms, attitudes, and other meaningful symbols that shape human behavior and the artifacts, or products, of that behavior as they are transmitted from one generation to the next
Evoked Set (consideration set)
a group of brands resulting from an information search from which a buyer can choose
Extensive Decision Making
the most complex type of consumer decision making, used when buying an unfamiliar, expensive product or an infrequently bought item; requires use of several criteria for evaluating options and much time for seeking information
External Information Search
the process of seeking information in the outside environment
Internal Information Search
the process of recalling past information stored in the memory
Levels of Involvement
Routine, Limited and Extensive
Value
a personal assessment of the net worth one obtains from making a purchase, or the enduring belief that a specific mode of conduct is personally or socially preferable to another mode of conduct
Want
recognition of an unfulfilled need and a product that will satisfy it