Week_4_Consumer buyer behavior Flashcards
What are five stages for consumer purchase decision process?
Problem recognition Information search Alternative evaluation Purchase decision Post-purchase behavior
What is routine response behavior?
Examples: regular brand of milk, bread, eggs, soft drink, orange juice, or alkaline batteries.
Quality consistency is very important
avoid stockout
Low involvement purchase
What is limited problem solving
More time to take on stage two and three (such as buying cloth for interview)
What is extended problem solving?
Take most of time on stage two and three because of more money involved.
High involvement purchase
using comparative ads, personal sale
How do marketer reduce the cognitive dissonance (for high involvement)
Give benefit, make customer satisfy
Factors Influencing Consumer Behavior
- Personal
- Psychological
- Social
- Cultural
What is Self/Product Congruence
Consumers demonstrate their values through their purchase behavior?
Self-image congruence models: we choose products when attributes match the self. Product usage=self image
Why need consumption (meaning)?
Self-Attachment Concept: the product helps to establish the users identity
Nostalgic Attachment: the product serves as a link with a past
Interdependence: the product is part of the user’s daily routine
Love: The product elicits emotional bonds of warmth, passion, or other strong emotion (harley davidson)
How Psychological Factors effect consumer behavior?
Motivation - (satisfiers and dissatisfiers (Herzberg)
ego and self-ego. Maslow’s Hierarchy of Needs explains different levels of need that decide what kinds of product people need.)
Perception:The process by which an individual selects, organizes, and interprets inputs to create a meaningful picture of the world.(3 selectives)
Learning - Changes in an individual’s behavior arising from experience (Ivan Pavlov and his dogs)
Beliefs - Descriptive thought that a person holds about something.
Atitude
What are selective retention, selective distortion and selective exposure under perception?
People are more likely to remember messages that closely related to their interests, values, and beliefs
Tendency of people to interpret information in a way that will support what they already believe.
Individuals’ tendency to favor information which reinforces their pre-existing views while avoiding contradictory information. (will focus on products that we plan to buy)
How to erase the bias (three selective factors)?
Build reputation
How to increase behavior learning?
Stimulus to customers, reputation. keep brand awareness.
How the reputation increase behavior learning?
- More exposures = increased brand awareness
- When exposure decreases, extinction occurs
- However, too MUCH exposure leads to advertising wear out
- Most effective repetition strategy is a combination of spaced exposures that alternate in terms of media
Stimulus generalization
tendency for stimuli similar to a conditioned stimulus to evoke similar, unconditioned responses
• Family branding
• Product line extensions • Licensing
• Look-alike packaging
Why marketer keeping advertising?
Make the brand continue to recall