Exam 3 - 9,11,13,14 Flashcards
The Five Stages in Consumer Decision Making
- Need for recognition
- Information Research
- Evaluation of Alternatives
- Purchase Decision
- Post Purchase Behavior
Purchase Momentum
influences decision making - like a spending spree!
Consumer Hyperchoice
too many choices can become a problem, repeated decisions drain our or psychological energy and decreases our ability to make smart choices
Three Types of Consumer Decision Making
- Cognitive (deliberate, rational, sequential)
- Habitual (behavioral, unconscious, automatic)
- Affective (emotional, instantaneous)
What is a mental budget?
my preset expectations of how much i intend to spend on shopping/intent to consume
The “morning morality effect”
easier to self-regulate and control decisions in the morning - harder as the day goes on
evaluative criteria
the dimensions we use to judge the merits of competing options
determinant features
what we use to differentiate our choices
2 types of decision making in family
- consensual purchase decision
- accommodative purchase decision
consensual purchase decision
agree on the “what”, need to solve the “how”
accommodative purchase decision
disagreement, use bargaining, coercion, and/or compromise
factors in group decision making that create conflict
interpersonal need
power
responsibility
product involvement and utility
The Synoptic Ideal
spouses act as joint decision makers (this is JUST an ideal!)
Social Identity Theory
an “I” but also a “we”, each of us have several “selves” that relate to groups
Social Power
one person admires another’s qualities and copies that behavior