Week 1_Principle of Consumer Behavior Flashcards

1
Q

the sequence of buyer’s black box

A

marketing and other stimuli to black box, then get buyer’s response

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2
Q

What is consumer behavior?

A
  1. activities people undertake when obtaining consuming, and disposing of products and services.
  2. A field of study that focuses on consumer activities.
  3. Scope goes beyond just why and how people buy to include
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3
Q

What is consumption analysis?

A

Why and how people USE product in addtion to why and how they BUY

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4
Q

larger and variety will increase the consumption

A

True. Tide and jelly beans

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5
Q

the factors in marketing stimuli

A

4’ p (marketing mix) and environmental factors (uncontrolable)

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6
Q

Two influences affect consumer’s behavior

A

consumer’s influence and organization influence.

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7
Q

why study consumer behavior?

A
  1. Consumer Behavior Determines the Economic Health of a Nation
  2. Consumer Behavior Determines the Success of Marketing Programs.
  3. educates consumers about health.
  4. Affects personal policy.
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8
Q

What is demarketing?

A

Stop consuming

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9
Q

What are Consumer research methods?

A
  1. Observation
  2. Interview and survey
  3. Experimentation
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10
Q

What is shadowing observation?

A

following and observing consumers in the shopping and consumption processes. Researchers may ask questions about reasons for behaviors.

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11
Q

What is physiological method in observation?

A

Techniques borrowed from medicine, psychology and other sciences including cameras to measure eye movement, galvanic skin response, MRI(Magnetic resonance imaging), etc.

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12
Q

The advantage of survey is

A

you can ask people WHY they doing things. When you want to know the reason, we can’t use observation to do consumer research.

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13
Q

What is longitudinal studies

A

repeated measures of activities of consumers over time to determine changes in opinions, buying, and consumption behaviors over a long period. (Use frequently in clinical testing)

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14
Q

The Underlying Principles of Consumer Behavior

A

The Consumer Is Sovereign
The Consumer Is Global
Consumers Are Different; Consumers Are Alike
The Consumer Has Rights

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15
Q

The meaning of “consumer is different”

A

different segments, different behaviors

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16
Q

Consumer bill of right

A

The right to safety
The right to be informed
The right to choose
The right to be heard
The right to enjoy a clean and healthful environment
The right of the poor and other minorities to have their interests protected

17
Q

What we can learn from new Coke case?

A

Products selling not depends on product features, but depends on consumers loyalty and emotion to the brand . MUST MEASURE THE EMOTION BEHIND THE CONSUMER