Consumers In Situation Flashcards
What are situational influences?
Situational influences are temporary and external conditions that impact the value a consumer perceives in a purchase or consumption.
How can contexts affect consumer behavior?
Contexts can affect communication, shopping, brand preference, purchase, actual consumption, and the evaluation of that consumption.
How do situations affect value?
Situations affect value through the customer journey.
What is the customer journey?
The customer journey is the series of consumer touchpoints with a brand/firm that comprise a single consumption episode.
What are temporal factors?
Temporal factors are the situational characteristics related to time.
How do time-related factors affect consumer perceptions?
Time-related factors affect a consumer’s thoughts, feelings, and behavior, creating differing perceptions of value.
In what forms can time affect consumption?
Time can affect consumption in forms such as time pressure, time of year, and time of day.
What is time pressure?
Time pressure is the urgency to act based on some real or self-imposed deadline.
How does time pressure affect consumers?
Time pressure affects consumers in several ways, including processing less information because time is a critical factor.
Consumers are more likely to rely on simple choice heuristics.
Consumers are more likely to make poor judgements about prices.
What is a consequence of consumers having limited time?
Consumers are more likely to make poor judgments about prices.
What is discretionary time?
Discretionary (spare) time refers to the time consumers have available that is not committed to mandatory tasks or obligations.
How do personalized services affect consumers with limited time?
When consumers feel they lack spare time, personalized services that make routine activities convenient increase hedonic value, as the feelings of relief bring about instant gratification.
What do service providers need to detect?
Service providers need to be able to detect whether consumers are time-starved or have extra time.
What does seasonality refer to?
Seasonality refers to regularly occurring conditions that vary with the time of year.
How do consumer perceptions vary?
Consumers’ value perceptions vary with the time of year.
When do consumers tend to shop during winter months?
Consumers tend to shop earlier in the day during winter months, and overall, they tend to spend more during the summer months.
Are products susceptible to seasonal influences?
Almost all products are susceptible to some type of seasonal influence.
How does the time of day affect consumer behavior?
Whether it is beverage consumption, attire, or choice of entertainment, the time of day affects the value of products and activities.
What is circadian rhythm?
Circadian rhythm is a cycle (level of energy) of the human body that varies within a 24-hour period.
What are the preferred sleeping hours for consumers?
Consumers would prefer to sleep between the hours of midnight and 6 a.m. and from about 1 to 3 p.m.
How do circadian rhythms affect productivity?
Circadian rhythms are responsible for productivity in many activities.
What is advertiming?
Advertiming is the ad buys that include a schedule that runs the advertisement primarily at times when customers will be most receptive to the message.
What is growth hacking?
Growth hacking refers to potentially viral electronic mechanisms that drive up virtual and real-world engagement.
What is Near-field communication (NFC)?
A short range wireless communication technology that allows devices to interact within a defined space
What is shopping?
A set of value-producing consumer activities that directly increase the likelihood that something will be purchased.
What constitutes the largest part of the consumer journey?
Shopping.
What are virtual shopping situations?
Many effects seen in real brick-and-mortar shopping environments exist in the virtual shopping world too.
How do colour and sounds work in virtual shopping?
They work in much the same way as in real shopping.
What role do images play in virtual shopping?
Images play a key role in shaping the virtual shopping experience.
What is smart agent software?
Software capable of learning an internet user’s preferences and automatically searching out information in selected websites and then distributing it.
What is acquisitional shopping?
Activities oriented toward a specific, intended purchase or purchases.
What is epistemic shopping?
Activities oriented toward acquiring knowledge about products.
What is experiential shopping?
Recreationally oriented activities designed to provide interest, excitement, relaxation, fun, social interaction, or some other desired feeling.
What is impulsive shopping?
Spontaneous activities characterized by a diminished regard for consequences, spontaneity, and a desire for immediate self-fulfillment.
How is shopping like a chore?
It depends on high utilitarian value to create satisfaction.
What motivates an epistemic orientation in shopping?
It motivates the shopper to increase knowledge.
What motivates the shopper to increase knowledge?
It can be associated with either situational involvement or enduring involvement.
What are the two types of value that shopping activities can produce?
The activity could produce utilitarian value or hedonic value.
What are experiential activities in shopping?
Experiential activities include things done just for the experience.
What is outshopping?(experiential shopping)
Outshopping is the act of shopping in a city or town to which consumers must travel rather than in their own hometowns.
What motivates consumers to engage in outshopping?
Often motivated simply by the desire for the experience.
What value does outshopping provide?
It allows consumers to experience new or unique things.
What is online outshopping?
Consumers seeking out retailers in a foreign country as a means of obtaining products otherwise unavailable (utilitarian value) and a novel customer experience (hedonic value).
What characterizes impulsive shopping?
Impulsive behaviors represent a unique group of shopping activities.
What does impulsive shopping illustrate?
It illustrates how a single shopping experience can result in more than one type of activity.
What is reversal theory?
A theory that tries to explain how environmental elements can lead to near 180-degree changes in shopping orientation.
How do different types of shopping provide value?
Different types of shopping provide value in different ways to different consumers.
What is epistemic shopping?
Activities oriented toward acquiring knowledge about products
What is experiential shopping?
Recreationally oriented activities designed to provide interest, excitement, relaxation, fun, social interaction or some other desired feelings.
How can situational influences affect shopping?
Situational influences may affect the type of shopping value desired by consumers.
What effect does time pressure have on consumers?
Time pressure may lead consumers to be more concerned with simple product acquisition than they might otherwise be.
What is product acquisition?
The process of obtaining products that consumers might otherwise not acquire.
How might consumers in a bad mood respond?
They may choose to change their mood by going shopping.
What is retail personality?
The way a retail store is defined in the mind of a shopper based on the combination of functional and effective qualities.
What is functional quality in retail?
The retail positioning that emphasizes tangible things like a wide selection of goods, low prices, guarantees, and knowledgeable employees.
What is affective quality in retail?
The retail positioning that emphasizes a unique environment, exciting décor, friendly employees, and the overall feelings experienced in a retail place.