Topic 10 - Family and Consumer Behaviour Flashcards
What is the definition of Family
Family is often the starting point of learning.
includes married couple, nuclear family and extended family
How does family influence consumer behaviour?
Family as a socialisation agent
Family as a decision unit
Family life cycle
What is Socialisation?
Socialisation is the process of making people behave in a way that is acceptable in a society
Examples of socialisation agents MR FSP
- media religion family school peer
What is consumer socialisation?
It is the process by which children acquire SKAE - skills knowledge attitude and experience to function as consumers
Preadolescent vs teenagers
preadolescent (below 12)
- observe family and older siblings
- family more reliable than advertising
teenagers
- peers more influential
- likes product when parents disapprove
Role of family for preadolescent
Family plays an important role as a consumer socialisation agent for preadolescents
Marketers should leverage on family to influence preadolescent in consumption
Parental style framework
Indulgent
- grant children consumption autonomy; yield to childrens request
- discuss consumption and promotion with children
Neglecting
- grant children consumption autonomy; yield to childrens request
- do not discuss consumption and promotion with children
Authoritative
- do not grant children consumption autonomy; restrict advertising exposure
- discuss consumption and promotion with children
Authoritarian
- do not grant children consumption autonomy
- do not discuss consumption and promotion with children
What are the process in Children Learning Development
12-15 months
- observing
2 years
- make request while shopping
- 5 years
- select with permission while shopping - 5 years
- independent purchase while shopping
8 years
- shop independently
0-5.5 years: focus on building brand relationship; parents still key decision makers
5.5 years onwards: target children as key decision makers
Why is there strong inter-generational socialisation in sg?
- grandparents live in close proximity
- grandparents often take up the role in taking care of grandchildren due to dual income families
4 types of husband-wife decisions and dependent on 3 factors
- husband dominated decision
- wife dominated decision
- joint decision
- autonomous decision
dependent on 3 factors
- product
- modernisation
- culture
Explain Childrens Influence
Children play a more active role in what family buy and decision making process due to IMS
- increasing affluence
- media influence
- single parent households
Family Life Cycle
BEE HIVE PPD
Bachelorhood
- spend on travel, entertainment, clothes
Honeymoon
- spend on financial planning services, travel
Parenthood
- Spend on children but spending decrease as children become more self supporting
Post Parenthood
- luxury good, travel, automobile, expensive furniture
Dissolution
- lead a more economic lifestyle