Exam 2 review Flashcards
Describe Market segmentation Geographics
Population studies that focus on where people live
Describe Market segmentation Demographics
Age, gender, family size, family life cycle, income, occupation, education, religion, and ethnicity
Describe Market segmentation Psychographic
Social class, lifestyle, personality
Define Lifestyle
how people spend time & money, change over time, activities, interests, options, VALs system
Define Value
Personal: differs by individuals ex: sefl-respect, ambition, sense of accomplishment
Social: reflects values as a society or group national security, sense of belonging
Comparing lifestyle and value which is more stable
Value
What are the Unique Marketing influences
Unique image and personality=strong brand
5 top brand personality
Sincerity, Excitement, Competence, Sophistication, Ruggedness
Define The brand personality Sincerity
Sincerity: down to earth, honest, wholesome, cheerful
Define The brand personality Excitement
Excitement: daring, spirited, imaginative, up-to-date
Define The brand personality Competence
Competence: reliable, intelligent, successful
Define The brand personality Sophistication
Sophistication: upper class, charming
Define The brand personality ruggedness
Ruggedness:outdoorsy, tough
Define Brand Recognition
The extent to which a consumer can correctly identify a product or service just by viewing the product or service’s logo, tagline, packaging, or advertising campaign.
Define Brand Recall
-The extent to which a brand name is recalled as a member of a brand, product or service class.
Brand recall is an internal process + needs brand recognition
Define anti-consumption
Movements can be motivated by the desire to conserve, active boycotting, or selective consumption
What are the 2 content process?
central and peripheral process
What happens in the Central Process
opinions are formed from thought ab relevant info, important HIGH involved expressive items,
What happens in the Peripheral Process
opinion arise w/o thinking ab relevant info, consumable product, LOW involved
What are the 3 AD claims
Validation time, Experience, Credence