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Consumer Behaviour

Karlina Kaytor Business/Economics Englisch 100 Karten

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  1. 1Demographic Variablesage
    gender
    family structure
    ethnicity
    geography
  2. 2Kansei EngineeringA philosophy that translates customers feelings into design elements
  3. 3Gestait PsychologyA school of thought maintaining that people derive meaning from the totality of a set of stimuli rather that the individual stimulus
  4. 4Figure-Ground PrincipleOne part of a stimulus will dominate while other parts recede into the backgroud
  5. 5Guerilla MarketingInvolves using communication that are unexpected and unconventional in ways
  6. 6Classical ConditioningA stimulus that elicits a response is paired with another stimulus that initially does not elicit a response on it's own
  7. 7Instrumental ConditioningWhere individuals learn to perform behaviours that produce positive outcomes and to avoid those that yield negative outcomes
  8. 8GamificationInvolves borrowing from basic principles of game mechanics to motivate consumers across a broad spectrum
  9. 9Von Restorff EffectExplains why unusual advertising or distinctive packaging tends to facilitate brand recall
  10. 10Drive TheoryBiological needs that produce unpleasant states of arousal
  11. 11Expectancy TheoryBehaviour is pulled by expectations of achieving desirable outcomes
  12. 12Approach-ApproachA person must choose between two desirable alternatives
  13. 13Approach-AviodanceHave negative consequences attached to them as well as positive consequences
  14. 14Avoidance-AvoidanceA choice between two undesirable alternatives
  15. 15Theory of Cognitive DissonanceBased on the premise that people have a need for consistency in their lives and that a state of tension is created when beliefs or behaviours conflict with one another
  16. 16Maslows Hierarchy of NeedsDeveloped to understand personal growth and attainment of 'peak experiences'
  17. 17Upper-Level to Lower Level Needs (Maslow's Hierarchy)Self-Actualization
    Ego Needs
    Belongingness
    Safety
    Physiological
  18. 18InertiaConsumption at the low end of involvement
  19. 19Flow StateTrue Involvement with a product
  20. 20Self-ConceptBeliefs a person holds about his/her own attributes, and how he/she evaluates these qualities
  21. 21Self-EsteemRefers to the positivity of your attitudes towards yourself
  22. 22Ideal SelfConception of how we would like to be
  23. 23Actual SelfMore realistic appraisal of the qualities we have
  24. 24Looking-Glass SelfThe process of imagining the reactions of others towards us
  25. 25The Digital SelfStrategically 'modify' their online personalities
  26. 26Body ImageConsumers subjective evaluation of his/her physical health
  27. 27Body CathexisPerson's feelings about his or her own body
  28. 28IDPleasure Principle (party animal)
  29. 29SuperegoOur Conscious (the conscious)
  30. 30EgoMediates between ID and superego (the referee)
  31. 31Freudian SystemsFundamental conflict between a person's desire to gratify his or her physical needs and the necessity to function as a responsible member of society
  32. 32AIOGrouping consumers according too:
    Activities
    Interests
    Opinions
  33. 33VALSValues and Lifestyles
  34. 34Rokeach Value SurveyTerminal values/desired end states
  35. 35KatzAttitudes exist because they serve some function
  36. 36ABC model of attitudesAffect: The way a consumer feels
    Behaviour: Person's intentions to do something
    Cognition: Beliefs a consumer has
  37. 37High-Involvement HierarchyConsumer 'bonds' with the product over time and is not easily persuaded to experiment with other brands
    Swayed by powerful arguments
  38. 38Low-Involvement HierarchyConsumer does not have a strong brand preference
    Swayed by source attractiveness
  39. 39Zajonc's model of hedonic consumptionWe act on the basis of our emotional reactions (based on the experiential hierarchy of affects)
  40. 40Attitude CommitmentInternalization: Highest Level
    Identification: Mid-level
    Compliance: Lowest Level
  41. 41Principle of Cognitive ConsistencyWe value/seek harmony among thoughts, feelings and behaviours
  42. 42Theory of Cognitive DissonanceWhen a consumer is confronted with inconsistencies among attitudes or behaviours, action is required to resolve the 'dissonance'
  43. 43Self Perception TheoryWe use observations of our own behaviour to determine our attitudes
  44. 44Social Judgement TheoryWe assimilate new information about attitude objects in lights of what we already know and feel
  45. 45Balance TheoryConsiders relations among elements a consumer might perceive as belonging together
  46. 46Fishbein model's weaknessesDoesn't deal with outcomes of behaviour, including those beyond consumers control
    Doesn't consider unintentional behaviour, such as impulse acts or novelty seeking
  47. 47Normative InfluencesDescriptive Norms: Convey what others are doing
    Injunctive Norms: Convey what others think you should do
  48. 48Permission MarketingMarketer may be more successful in persuading consumers who have agreed to let him try
  49. 49Martyrdom EffectPeople tend to donate more money when they have to suffer a bit for the cause (ALS bucket challenge)
  50. 50Transmedia Storytelling StrategyIncludes communications media that ranges from websites, blogs and e-mail to recorded phone calls and even graffiti messages scrawled in public places
  51. 51First Order ResponseDirect Marketing: transaction and sales data
  52. 52Second-Order ResponseNon-transaction, customer feedback
  53. 53Persuasion Knowledge ModelConsumers develop knowledge about persuasion and use this knowledge to 'cope' with persuasive attempts
  54. 54Halo EffectPeople who rank high in one dimension are assumed to excel at other dimensions
  55. 55Two-Factor TheoryTwo separate psychological processes are operating when a person is repeatedly exposed to an ad
  56. 56Type of message appealsEmotional vs Rational Appeals
  57. 57Behavioural Influence PerspectiveWhen a person decides to buy something on impulse that is promoted as a 'surprise special' at the store
  58. 58Experiential PerspectiveConsumers buy based on totality of products appeal
  59. 59Prospect TheoryRisk differs when consumers face options involving gains versus those involving losses
  60. 60Zipf's LawOur tendency to refer a number one brand to the competition
  61. 61Consumption SituationDefined by contextual factors over and above characteristics of the person and the product
  62. 62Exchange TheoryEvery Interaction involves an exchange of value
  63. 63Expectancy of Disconfirmation ModelConsumers form beliefs of product quality based on prior performance
  64. 64Lateral CyclingAlready purchased products are sold to others or exchanged for still other things
  65. 653 ways Reference Groups Influence consumers?Informational
    Utilitarian
    Value expresive
  66. 66Normative InfluenceHelps to set and enforce fundamental standards of conduct
  67. 67Comparative InfluenceDecisions about specific brands or activities are affected
  68. 68Social Comparison TheoryConsumers will often compare themselves to others in ways that increase the stability of ones self-evaluation
  69. 69Roles in Group Decision MakingInitiator - Identifies needs
    Gate Keeper - Searches and controls info
    Influencer - Uses power to sway their decision
    Buyer - The purchaser (not necessarily the user)
    User - The consumer/ user of the product
  70. 70Two Step Flow of Model of InfluenceSmall group of influencers change opinions of many people
  71. 71Market MavenActively involved in transmitting marketplace information of all types
  72. 72Surrogative ConsumersHired to provide input into purchase decisions
  73. 73The Self Designating MethodMost Commonly used technique to identify opinion leaders
  74. 74Sociometric MethodsTrace communication patterns among group members
  75. 75Buzz MarketingRefers to activities undertaken by marketers to encourage consumers
  76. 76Three groups of consumersBrand Aspirational: On low incomes but obsessed with names like kitchenaid
    Value-Price Shoppers: Who like low prices and cannot afford more
    Price-Sensitive Affluent: Wealthier shoppers who love deals
  77. 77Behavioural Economics/Economic PsychologyConcerned with the 'human' side of economic decisions
  78. 78Consumer ConfidenceExtent to which people are optimistic or pessimistic about the future health of the economy
  79. 79Social ClassIs determined by a complex set of variables that include income, family background, education and occupation
  80. 80Invidious DistinctionWe buy things to inspire envy in others through display of wealth/power
  81. 81Conspicuous ConsumptionPeople desire to provide prominent visible evidence of their ability to afford luxury goods
  82. 82How do we measure social class?- Index of status characteristics and the index of social position developed by August Hollingshead
    -Blishen-socioeconomic index for occupants vs. coleman's approach
  83. 83Problems with measure of social class-Trouble accounting for two-income families
    -Increasing anonymity of our society
    - Status crystallizations : impact of inconsistency on the self and social behaviour
    -over-privileged vs. under-privileged conditions of social class
    -traditional values of hierogamy
    -Many women now contribute equally
  84. 84Components of Social ClassOccupational Prestige: Some occupations are more respected
    Income
    Education
  85. 85SubculturesA group whose members share beliefs and common experiences that set them apart from others
  86. 86MicroculturesBased on a Lifestyle or aesthetic preference
  87. 87Teen ConflictsAutonomy versus belonging
    Rebellions versus conformity
    Idealism versus pragmatism
    Narcissism versus intimacy
  88. 88Gen Z- 1999 - Current
    -Accustomed to blurred gender roles
    -considered digital natives
  89. 89Gen Y-1986-1998
    -Millennials
    -26.5% of the Canadian Population
  90. 90Three major factors that shape Y experienceEconomy
    Globalization
    Social Media
  91. 91Generation X-Baby Busters
    -6.5 Million
    -Have changed the world with companies such as Google, YouTube and Amazon
  92. 92Baby Boomers-1947 - 1966
    -9.7 Million
    -Control 77% of the worlds wealth
  93. 93The Grey Market-Born Before 1965
  94. 94How are marketers targeting ethnic consumers-fostering inclusiveness
    -'speaking' in their mother tongues
  95. 95Aspects of CultureEcology: Adapt to habitat
    Social Structure: Orderly Social Life
    Ideology: Beliefs and relationship
  96. 96Values that Differ across culturesPower Distance: Perceived differences in power when they form interpersonal relationships
    Uncertainty Avoidance: Degree to which people feel threatened by ambiguous situations
    Masculine vs Feminine: Degree to which gender roles exist
    Individualism vs Collectivism: Welfare of individual vs that of the group
    Long-Term Orientation: Focus on future rewards or values
    Indulgence vs Restraint: society allows relative gratification
  97. 97Crescive NormsCustoms: Norms handed down from the past that control basic behaviour
    Mores: Custom with a strong moral overtone
    Conventions: Norms regarding the conduct of everyday life
  98. 98Ethic PerspectiveDevelop one approach for multiple homogenized markets
  99. 99Emic PerspectiveStress on variations across cultures
  100. 100CreolizationOccurs when foreign influences integrate with local meanings

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Business/Economics Karteikarten am Consumer Behaviour, erstellt von Karlina Kaytor am 13/04/2017.
Erstellt von
Karlina Kaytor
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