consumer profiling Flashcards
target market
everyone who buys your product
place
how to best deliver a product
promotion
helps create meaningful messages
product
consumers in a target market generally enjoy the same things
price
know where you can/cannot cut costs to maximize profits
psychographics measure..
beliefs, opinions, and interests
an urban consumer:
lives in a city, usually an apartment or condo
an urban consumer spends money on:
restaurants and cultural events
a suburban consumer:
lives in a large town and owns a house with a medium sized yard
a suburban consumer spends money on:
household furnishings and barbecues
a rural consumer:
lives in a small town our out in the country with big properties and multiple buildings
a rural consumer spends money on:
trucks, animal care and costs
the 4 p’s of marketing are:
price, product, place and promotion
the first step in the consumers buying decision
problem recognition
the second step in the consumers buying decision
information search