Consumer Behaviour I Flashcards

1
Q

consumer behaviour AKA

A

consumer buyer behaviour

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2
Q

what is consuemr behaviour

A

Includes the whole process of studying why consumers
purchase certain products, how they buy them to the
point where they dispose of the products

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3
Q

what is consumer market

A

All the individuals and households that buy or acquire
goods and services for personal consumption

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4
Q

what are the 3 parts under the consumer behaviour model

A

stimuli (external factors)

black box (buyer’s mind) (internal factors)

responses

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5
Q

what are the 2 types of external factors

A

marketing mix (from the brand itself) (4Ps: prod, price, place, promotion)
environmental

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6
Q

what is the environmental external factors (stimuli)

A

Economic,
Technological,
Cultural
political
demographic
situational

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7
Q

what are the 2 things in black box (internal factors)

A

consumer characteristics

decision making process

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8
Q

what are the internal factors consumer characteristics

A

beliefs/attitudes
values
knowledge
motives
perceptions
lifestyle

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9
Q

what are the internal factors decision making process

A

problem solving
information search
alternate evaluation
purchase
post purchase
evaluation

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10
Q

what are the responses

A

either to purchase or not

if purchase then which:
- product
- brand
- source
- amount
- method of payment

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11
Q

what is the decision making process

A

problem solving
information search
alternate evaluation
purchase
post purchase
evaluation

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12
Q

what are the factors (internal and external) which influence consumer behaviour

A

cultural

social

personal

psychological

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13
Q

what are the cultural factors

A

culture,
subculture,
social class

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14
Q

what are the social factors

A

reference groups,
family,
roles and status

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15
Q

what are the personal factors

A
  • age
  • occupation
  • economic situtations
  • lifestyle
  • personality
  • self-concept / self image
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16
Q

what is the culture (cultural factors)

A

The set of basic values, perceptions, wants and
behaviour learned by a member of society from family and
other important institutions.

Culture is learned from family, church, school, peers & colleagues.

Singapore culture: Achievement and success, progress, material, racial
harmony, fitness and health, & FAMILY.

17
Q

Culture is the ______ of a Person’s Wants and Behavior

A

Most Basic Cause

18
Q

what is the sub culture (cultural factors)

A

Groups of people with shared value systems based on common life experiences.

Subculture include nationalities, religions, racial groups, interest
groups etc

19
Q

what is the social class (cultural factors)

A

A status hierarchy in which individuals and groups are classified on the basis of esteem and prestige acquired mainly through income, accumulation of wealth,
occupation, education and other variables

4 common social classes informally recognized in many societies are:-
(1) Upper class,
(2) Middle class,
(3) Working class, and the
(4) Lower class.

20
Q

what are the social factors

A

Social factors play an essential role in influencing the buying
decisions of consumers. We talk to and discuss various
issues to reach to better solutions and ideas with others
(friends, family, influencers etc).

21
Q

2 types of reference groups (social factors )

A

there are 2 types

membership

opinion leaders/influencers

22
Q

explain opinion leaders/influencers

A

▪ People you may or may not know with the reference group

▪ Have special knowledge, skills, personality

▪ Exerts influence on others

▪ Eg Food editors, local celebrities, wine specialists…

23
Q

explain aspirational group

A

▪ Group which consumers wish to be in

▪ Likely to be a celebrity (sports/entertainment)

24
Q

what is family (social factors )

A

family is the most important consumer buying organization

there is a hierarchy:
- husband wife involvement
- changing husband wife involvement
- children exert influence

25
Q

what are roles and status (social factors)

A

A role consists of the activities people are expected to perform according to the people around them. (E.g. Role of a teacher, student, parent etc)

Each role carries a status reflecting the general
esteem given to it by society

26
Q

A person often chooses product that reflect their ______

A

status in society

27
Q

explain age in personal factors

A

People change the goods and services they buy over their
lifetime. Tastes in food and clothing are often age-related.

Example - IKEA
Different ranges of household furniture to suit needs of different family
profiles

28
Q

what is occupation in personal factors

A

A person’s occupation affect the goods & services bought.

Eg. Executives working in Banks, vs Ad Agency vs Law Firm…

29
Q

what is economic situations in personal factors

A

▪ amount of disposable income

▪ economic climate, savings, interest rates, borrowing power

30
Q

what is lifestyle in personal factors

A

A person’s way of living as expressed in their interests/activities & opinions.

▪ Interests / Activities include hobbies, shopping, sports, social events etc

▪ A person’s lifestyle can be gathered from the opinions they have about
themselves, social issues and products

▪ Marketers have leveraged on consumers’ lifestyle by
offering events, products, services and experiences.

31
Q

what is personality in personal factors

A

A person’s unique psychological characteristics that lead
to relatively consistent and lasting responses to one’s
own environment

▪ Affects the way he response to one’s environment

▪ Generally defined in terms of traits and character

32
Q

what is self-concept/self image in personal factors

A

Self-concept suggests that people’s possessions
contribute to and reflect their identities. (Self – Image)