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marketing chapter 6: consumer decision process

omar mourad Markering midterm Englisch 40 Karten

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  1. 1what did peter druker say about the importance of understanding the consumerthe aim of marketing is to understand the consumer so well the product sells itself
  2. 2what are the 5 stages of the consumer decision process1. need recognition
    2. info search
    3. evaluation of alternatives
    4. purchase
    5. post purchase
  3. 3when does need recognition occuroccurs when someone is experiencing an imbalance of actual and desired states
  4. 4how is need recognition triggeredit is triggered by the exposure of external and internal stimuli to a consumer
  5. 5internal stimulifeeling hungry, cold, warm, tired
  6. 6external stimuliadvertisements and promotion trigger need recognition
    also when someone runs out of a product or it stops working they feel the need to replace it
  7. 7stage 2 info search internalmemory search
    past experiences
  8. 8external info search is comprised of two sectionsnon-marketing info search
    marketing info search
  9. 9non-marketing controlled info searchpersonal experiences
    personal sources
    public rouses
  10. 10marketing controlled info searchmass media
    sales people
    product labeling
  11. 11info search is affected by1. precieved risks
    2. knowledge
    3. past experiences
    4. level of interest
  12. 12what do we use for evaluation of alternativeswe use info from external and internal sources to create a set of criteria to evaluate and compare alternatives
  13. 13how do we reduce the amount of options/alternativeswe set an attribute that we are gonna use for the evaluation and whatever option does not have that attribute it gets thrown out of consideration
  14. 14cut off pointsthe minimum and maximum level that we want to meet that attribute to determine if an alternative is still gonna be in consideration
  15. 15steps of using rankings and performance evaluations1. rank each important attribute
    2. evaluate each alternative and how it preforms on the attribute
    3. do the math and we have a winner
  16. 16what is the marketers job in the evaluation of alternative process1. determines which attributes are most important
    2. then emphasizes those attributes in their marketing communications
  17. 17stage 4 purchasehow do we purchase (online, in person)
    where do we purchase
  18. 18stage 5 post purchaseinvolves decision confirmation
    and cognitive dissonance
  19. 19decision conformationthe reassurance for the consumers decision
  20. 20cognitive dissonancealso known as buyers remorse
    the feeling of regret a consumer experiences when having conflict between behavior and value
  21. 21cognitive definitionthe personal relevance a consumer sees a product, brand, object, or behavior to have
  22. 22high involvement productswhen a product is precieved to have important personal consequences or are useful to achieving life goals
  23. 23low involvement productsare looked at as not having important personal consequences or are useful to achieve life goals
  24. 24behavioral definitionthe amount of time a consumer spends on the research, evaluation and decision process of consumer behavior
  25. 255 factors of consumer involvment1. precieved risk of negative consequences
    2. previous experience
    3. interests
    4. situation
    5. social visibility
  26. 26culture and valuesculture comprises of values, norms, and attitudes tat shape human behavior and products
    culture also has the most influence
  27. 27culture is1. persuasive
    2. functional
    3. learned
    4. dynamic
  28. 28what is the must defining element in culturevalue because it creates beliefs which lead to attitudes
  29. 29sub culturegroups of people that share overall cultural values but also have there won unique values and beliefs
  30. 30what is similar within subculturesvalues, beliefs, and purchasing decisions
  31. 31where do subcultures comes fromthe division of subcultures come fro geographic, demographics, religious beliefs, and characteristics
  32. 32what is social class measured byincome, occupation, education
  33. 33what is the most reliable measure of social and economic statuseducation
  34. 34why consider social classyou know where to distribute products
    and gives us an idea or guide for an advertising strategy
  35. 35opinion leaderthese are people that have high influence on others
    so it is important to persuade these peoples opinions on your product
  36. 36familythe most important social institution and influence
  37. 37what do families influencevalues, attitudes and buyer behavior
  38. 38roles of family members1. influencer
    2. initiators
    3. decision makers
    4. purchaser
    5. consumer
  39. 39beliefsan organized pattern of knowledge that an individual holds true about there world
  40. 40attitudelearned tendency to respond towards any given thing
    attitude is more enduring then belief

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midterm Markering Karteikarten am marketing chapter 6: consumer decision process , erstellt von omar mourad am 15/10/2017.
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