terminology Flashcards
New definition of marketting?
«Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.»
What is consumer behavior?
The study of the processes involved when individuals or groups select, purchase, use or dispose of products, services, ideas or experiences to satisfy needs and desires
Determining factors of consumer behavior? Basic framework?
external factors;social and physical environment
(observable)
—>
internal factors;psychological and personal factors
(not observable)
—>
behavior
(observable)
What is system 1 and system 2?
System 1 ;
- Fast, automatic
- No effort
- No sense of voluntary control
- Uses heuristics
- Very instinct
- Little to no cognitive strain
- Always active
System 2;
- Slow Analytic,cognitive
- Limited capacity
- Allows us to construct hypotheses
- Executes complex computations
- Only human beings have a system 2 thinking cognitive strain characteristics
Three aproaches,models of consumer behavior?
- Determing factors of consumer behavior
- Types of buying decision
- Consumer decision making process
Types of buying decisions?
Cognitive-Autamatic-Habitualized
High involvement-medium involvement-decisions not deliberately made
(car purchase)-(wine purchase)-(coffee purchase)
system2 <———————————————>system1
Phases in the consumer decision process?
prepurchase->purchase->postpurchase
information seeking->identifying alternatives->usage(complain,disposal,evaluation)
Variables of Market Segmentation?
- Geographis
- Demographics (age,gender,social class)
- Behavioral (brand loyalty,context)
- Psychographic (personality,lifestyle)
What is cognition?
Cognition: referring to the mental processes involved in gaining knowledge and *comprehension about the environment. *
What is perception?
Perception is the process by which physical sensations such as sights, sounds, and smells are selected, organized, and interpreted by our sense organs (ears, eyes, nose, mouth, skin). Through individual interpretation we assign meaning to them
Absolute threshold
the minimum amount of stimulation that can be detected on a sensory channel.
Differential threshold
the ability of a sensory system to detect changes or differences between two stimuli. The issue of when or if a change will be noticed is relevant to many marketing situations
sensory overload
exposed to too much information and are unable or unwilling to process all of the information at their disposal.
Perceptual Selectivity
Perceptual selectivity occurs when people attend to only a small portion of the stimuli that they are exposed to
Gestalt Psychology?
Gestalt psychology - people derive meaning from the totality of a set of stimuli rather than from any one individual stimuli. (bütüne odaklanmak)
Three principles of Gestalt Psychology
- Principle of closure - consumers tend to perceive an incomplete picture as complete, filling in the blanks based on previous experience.
- Principle of similarity - consumers tend to group together objects that share similar physical characteristics.
- Figure ground principle - where one part of the stimulus will dominate while others recede into the background.
Three basic components of a message?
- Lowest level - the object or the product that is the focus of the message.
- Middle level - the sign or the sensory image that represents the unintended meanings of the object.
- Top level - the interpretant or the meaning derived.
classical conditioning?
Classical conditioning occurs when a stimulus that naturally elicits a response (an UCS = unconditioned stimulus) is paired with another conditioned stimulus (=CS) that does not initially elicit this response. Over time the second stimulus (the conditioned stimulus) comes to elicit the response as well. pavlov’s experiment
Marketting application of conditioning?
adding emotions to brands(redbull)
Operant conditioning?
Operant (instrumental) conditioning occurs as the person learns to perform behaviors that produce positive outcomes and avoid those that result in negative outcomes.
Operant conditioning occurs in 3 ways?
- Positive reinforcement - the right response is strengthened (f. ex. by a reward or compliment) and appropriate behavior is learned e.g. you receive compliments for wearing a dress
- Negative reinforcement - a negative outcome due to a certain behavior can be avoided if the behavior pattern is being changed e.g. you are lonely because you do not use a dating platform
- Punishment - a certain behavior is followed by unpleasant reactions, we learn to avoid a certain behavior e.g. a school kid gets mocked for wearing the “wrong” brand of clothes
Cognitive learning (internal mental process)
seeing someone else performing it and being rewarded for it.
Observational Learning
occurs when people what the actions of others and note the reinforcements they receive for their behaviors
Memory process?
encoding->storage->retrieval
information placed in memo>retained in memo>info stored is found as needed
How Storage of memory works?
sensory memory>
attention>
short-term memory>
elaborative(ayrıntılı) rehearsal>
long-term memory