Group Influence and Social Media Flashcards

1
Q

Reference group

A

Actual or imaginary individual/group conceived of having significant relevance upon an individual’s evaluations, aspirations, or behaviour
-Influences consumers in three ways:
Informational
Utilitarian
Value-expressive

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2
Q

Types of Reference Groups

A

Any external influence that provides social clues
Cultural figure
Parents
A large, formal organization
Small and informal groups

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3
Q

Types of Reference Group Influence

A

Normative influence-Helps to set and enforce fundamental standards of conduct
Comparative influence-Decisions about specific brands or activities are affected

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4
Q

Formal vs. Informal Reference Groups

A

Reference group can be large and formal with a standard, recognized structure.
Or
The reference group can be small and informal, just a group of friends

However

As a rule, small informal groups can exert powerful influence on individual consumers

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5
Q

Brand Communities

A

-A group of consumers who share a set of social relationships based upon usage or interest in a product.

-Brand communities share emotions, moral beliefs, styles of life, and affiliated product.
-Brand loyalty
-Brandfests enhance brand loyalty
-Brand missionaries

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6
Q

Membership Versus Aspirational Reference Groups

A

-Aspirational reference group-Comprise idealized figures, such as successful businesspeople, athletes, or performers.
Membership reference groups-involve other consumers who belong to the same groups as us.

-Aspirational strategies concentrate on highly visible, widely admired figures (athletes or performers)

-Membership strategies focus on “ordinary” people whose consumption provides informational social influence
propinquity
mere exposure
group cohesiveness

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7
Q

Positive Versus Negative Reference Groups

A

-Reference groups may exert either a positive or negative influence on consumption behaviours
-Dissociative reference groups = motivation to distance oneself from other people/groups
-Marketers show ads with undesirable people using competitor’s product

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8
Q

Antibrand Communities

A

-Antibrand communities: Coalesce around a celebrity, store, or brand—but in this case they’re united by their disdain for it
-Social Idealists who advocate non-materialistic lifestyles
-Many oppose Walmart, Starbucks, McDonald’s and Hummers

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9
Q

When Reference Groups are Important

A

Impact of reference groups vary based on whether the product is complex or, a product with little perceived risk (less susceptible)

Two dimensions of influence:
-Purchases to be consumed privately or publicly
-Whether a luxury or a necessity

Reference groups are most robust for purchases:
Luxuries
Socially conspicuous products

-Reference group influences stronger for purchases that are:
Luxuries rather than necessities
Socially conspicuous/visible to others

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10
Q

Power of Reference Groups

A

Social power-capacity to alter the actions of others.
types of social power:
-referent power
-legitimate power
-reward power
-information power
-expert power
-coercive power

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11
Q

Conformity

A

-Conformity refers to a change in beliefs or actions as a reaction to real or imagined group pressure.
-Factors influencing conformity:
Cultural pressures
Fear of deviance
Commitment to group
Group unanimity, size, expertise
Susceptibility to interpersonal influence
Environmental cues

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12
Q

Social Comparison

A

Social Comparison Theory-Consumers will often compare themselves to others in ways that increase the stability of one’s self-evaluation
-Occurs as a way to increase stability of one’s self-evaluation (without physical evidence)
Tastes in music and art
-We tend to choose co-oriented peer when performing social comparison

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13
Q

Group Effects on Individual Behaviour

A

With more people in a group, it becomes less likely that any one member will be singled out for attention.
People sometimes behave more wildly at costume parties or on Halloween night than they do normally:
-Informational and normative social influence
-Deindividuation
-Risky shift
*diffusion of responsibility
*value hypothesis
-Decision polarization

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14
Q

Group Decision Making

A

Different roles for different members:
*Initiator – identifies need
*Gatekeeper – searches and controls information
*Influencer – uses power to sway the decision
*Buyer – the purchaser (not necessarily the user)
*User – the consumer/user of the product

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15
Q

Opinion leaders

A

Influence others’ attitudes and behaviours
Hard to identify but are:
Technically competent
Possess knowledge power
Socially active, highly interconnected
Possess referent power
Are often the first to buy
*Hands-on experience

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16
Q

How influential is an Opinion Leader?

A

Generalize opinion leader -Somebody whose recommendations are sought for all types of purchases.
-Very few people are capable of being expert in a number of fields. Opinion leaders are either:
*Monomorphic
experts in a limited field
*Polymorphic experts
tend to concentrate on one broad domain

17
Q

Influencer Marketing

A

-“microcelebrities”- short time fame, people value their expertise
-influencer marketing model basically replicates the “cool kid”
-phenomenon from high school
bloggers have become such important online opinion leaders

18
Q

Types of Opinion Leaders

A

Opinion leaders absorb information from mass media and transmits data to opinion receivers
May or may not purchase the products they recommend
Innovative communicators

-Two-step flow of model of influence-Small group of influencers change opinions or many people
-Cascades-Which occurs when a piece of information triggers a sequence of interactions

19
Q

The Market Maven

A

-Market Maven
Actively involved in transmitting marketplace information of all types.
*Just into shopping and aware what’s happening in the marketplace
*Overall knowledge of how and where to get products

-Surrogate consumers Hired to provide input into purchase decisions

20
Q

Identifying Opinion Leaders

A

Many ads intend to reach influencers rather than average consumer
-Local opinion leaders are harder to find
-Companies try to identify influencers in order to create WOM “ripple effect”
-Exploratory studies identify characteristics of opinion leaders for promotional strategies

21
Q

The Self Designating Method

A

-Most commonly used technique to identify opinion leaders…
*Simply ask individuals whether they consider themselves to be opinion leaders
*Method is easy to apply to large group of potential opinion leaders
*View with skepticism…inflation or unawareness of own importance/influence
-Alternative: key informants identify opinion leaders

22
Q

Sociometric Methods

A

-Trace communication patterns among group members
-Systematic map of group interactions
-Most precise method of identifying product-information sources, but is very difficult/expensive to implement
-Network analysis
*Referral behaviour/network, tie strength
*Bridging function, strength of weak ties

23
Q

Word-of-Mouth Communication

A

WOM
Product information transmitted by individuals to individuals
-Thought to be more reliable than traditional advertising
-Social pressure to conform
-Influences two-thirds of all sales
-We rely upon WOM in later stages of product adoption
*Powerful when we are unaware of product category
*Yelp reviews

24
Q

Negative WOM

A

We weigh negative WOM more heavily than we do positive comments!
*Negative WOM is easy to spread, especially online
*Determined detractors
*Information/rumor distortion

25
Q

Buzz Building

A

Buzz Marketing-Refers to activities undertaken by marketers to encourage consumers
-to spread WOM about the brand.
-WOM online encouraged by marketers
-Tremor – youth recruited by Proctor and Gamble to act as brand influencers
-Crowd power
*Wisdom of crowds – creation and marketing by committee
*Threadless T-shirts

26
Q

Product Curators and Crowd Power

A

-Product curators - smart marketers proactively seek out influencers to help them identify just what they should offer to their customers.
-Crowd Power - key change in the way some new media companies approach their business is to think of it as marketing strategy by committee
*wisdom of crowds perspective argues that under the right circumstances groups are smarter than the smartest people in them

27
Q

Guerrilla Marketing

A

-Guerilla marketing: Promotional strategies that use unconventional locations and intensive WOM to push products
-Recruits legions of real consumers for street theater
Unicef/Offsetters examples

28
Q

Viral Marketing

A

-Marketers are creating buzz is through viral marketing, the strategy of getting customers to sell or promote a product on behalf of the company that creates it
-well suited to the Web, with reach ad circulation so easy
-Group-buying sites, encourage consumers to go viral

29
Q

Social Media and Consumer Behaviour

A

Social Media-Refers to forms of electronic communication (e.g., social networking platforms and microblogging) through which users create online communities to share information, ideas, personal messages, and other content.
*About online community
*Our passion for social media exerts a big impact on our emotions and experiences during the course of a typical day

30
Q

Digital Opinion Leaders

A

Power users
Mass connectors
Haul videos
Unboxing videos