Page 1 Flashcards
What is consumer behaviour?
The study of the processes involved when individuals or group select, purchase, use, or dispose of products, services, ideas, or experiences to satisfy needs and desires?
By which factors can consumer behaviour be influenced?
o Cultural factors(social class, sub-culture)
o Social factors(Reference groups, family, social roles)
o Person factors(Lifestyle, Age, self-concept)
And by which main psychological processes can consumer behaviour be influenced?
- Motivation
- Perception
- Learning
- Memory
How can we explain the role of an individual consumer
A role consists of the activities a person is expectedto perform and each role carries a status.
How can we define an individual consumer
- Age and stage in life cycle
- Occupation and economic circumstances
- Personality and self-concept.
- Lifestyle and values
What is Brand personality as a part of personality and self-concept?
Brand personality is a specific mix of human traits which we can attribute to a particular brand.
What is Lifestyle as a part of lifestyle and values?
Lifestyle is a pattern of living that determines how people choose to spend their time, money and energy and reflects their values tastes and preferences.
What are core values as a part of lifestyle and values?
Core values are trans-situational goals that serve the interests of individuals or groups and act as guiding principles in consumers lives.