EXAM 1 Flashcards
7 Keys of Consumer Behavior (MAPTRIP)
1) Motivated Behavior - more than one motive happening
2) Activities - engaged in some activity (24/7)
3) Process - the decision process
4) Timing & Complexity - how complex is the decision and how much time you have
5) Roles - diff. roles (emotional influence, financial supplier etc.)
6) Internal and external factors (I - personality, emotions etc. / E - Culture, social status etc.)
7) People are different
Why is understanding consumer behavior important?
1)Provides theory/framework for marketing strategy
2)Enables us to ask the right questions
3)Helps us predict
Consumer behavior definition
selection, acquisition, consumption and disposal of goods, services, experiences, time, and ideas by individuals and groups
Know the consumer behavior model
External and Internal Influences > Self-concept and lifestyle > needs and desires > decision process
Definition of Culture
The complex whole that includes knowledge, beliefs, art, laws, morals, customs, habits, symbols, and language acquired by persons as members of a society
Why is culture important?
*Guides our “wants” ie. Provides the objects we choose to satisfy needs
*Values
*Teaches us how to act in each situation, sets boundaries > norms
*Symbols and language
List the cultural values
1) Other oriented values
2) Environment-oriented values
3) Self-oriented values
Other-oriented values
- individual/collective
- extended/limited family
- masculine/feminine
- competitive/cooperative
- youth/age
- diversity/uniformity
Environment-oriented values
- cleanliness
- performance/status
- tradition/change
- risk-taking/security
- problem-solving/fatalistic
- nature
Self-oriented values
- active/passive
- material/non-material
- hard work/ leisure
- postponed gratification/ immediate gratification
-sensual gratification/abstinence - religious/secular
Nonverbal communications
1) Time
2) Space
3) Symbols
4) Relationships
5) Agreements
6) Things
7) Etiquette
Core American Values
- Achievement and Success
- Activity – multi-tasking, staying busy
- Efficiency and practicality
- Progress – growing as a culture & as an individual
- Material comfort – unnecessary but a helpful addition
- Individualism
- Freedom
- External Conformity
- Humanitarianism
- Youthfulness
- Fitness and Health
- Work
- Equality and Democracy
- Education
- Romance
- Religious Values
Changing American Values
T = Traditional
E = Emerging
C = Current
Ascribed vs Achievement goals
Ascribed - you have little control over these, in some cultures, you are born into social class and gender roles
Achievement - based on performance (ex - occupational role)
Role-related Product Cluster (Product Consumption Constellation)
A set of goods/services necessary or helpful to physically or symbolically play a given role