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Flashcards

marketing ch 5

Marina Baranik English 38 cards

Cards in this deck (38)

  1. 1cultureset of basic values, perceptions, wants, and behaviors learned by an individual from family and other institutions
  2. 2subculture (cultural)group of people with shared value systems based on common life experiences
  3. 3cross-cultural marketing (cultural)including ethnic themes and cross-cultural perspectives within a brand's mainstream marketing
  4. 4social class (cultural)relatively permanent and ordered divisions in a society whose members share similar values, interests, and behaviors
  5. 5groups (social facotors)2 or more people who interact to accomplish individual or mutual goals
  6. 6reference groupsdirect or indirect points of comparison or reference in forming a person's attitudes/behaviors
  7. 7word-of-mouth influence (social factors)impact of the personal words from friends, associates, and other consumers on buying behavior
  8. 8opinion leadera person within a reference group who, because of special skills, knowledge, or personality, exerts social influence on others
  9. 9online social networksonline communities where people socialize or exchange information and opinions
  10. 10motivea need that is sufficiently pressing to direct the person to seek satisfaction
  11. 11perceptionthe process by which people select, organize, and interpret information to form a meaningful picture of the world
  12. 12lifestylea persons pattern of living as expressed in his or her psychographics
  13. 13personality and self-conceptsrefers to the unique psychological characteristics that distinguish a person or group
  14. 14learningchanges in an individuals behavior arising from experience
  15. 15beliefsa descriptive thought that a person holds about something
  16. 16attitudesput people into a frame of mind of liking or disliking things, of moving toward or away from them
  17. 17buyer decision process1. need recognition
    2. information search
    3. evaluation of alternatives
    4. purchase decision
    5. postpurchase behavior
  18. 18stages in adoption processawareness
    interest
    evaluation
    trial
    adoption
  19. 19awarenessbecomes aware of new product but lacks information about it
  20. 20interestseeking information about the new product
  21. 21evaluationconsiders whether trying the new product makes sense
  22. 22trialtries the new product on a small scale to improve his or her estimate of its value
  23. 23adoptiondecides to make full and regular use of the new product
  24. 24straight rebuybuyer routinely reorders something without any modifications
  25. 25modified rebuybuyer wants to modify product specifications, prices, terms, or suppliers
  26. 26systems selling (solutions selling)buying a packaged solution to a problem from a single seller
    avoids the separate decisions involved in a complex buying situation
  27. 27stages of business buyer behavior1.problem recognition
    2.general need description
    3.product specification
    4.supplier search
    5.proposal solicitation
    6.supplier selection
    7.order-routine specification
    8.performance review
  28. 28relative advantagethe innovation appears superior to existing products
  29. 29compatibilitythe innovation fits the values and experiences of potential consumers
  30. 30complexitythe innovation is difficult to understand or use
  31. 31divisibilitythe innovation may be tried on a limited basis
  32. 32communicabilityusing the innovation can be observed or described to others
  33. 33characteristisc influencing an innovations rate of adoptionrelative advantage
    compatibility
    complexity
    divisibility
    communicability
  34. 34innovator adoptersventuresome-try new ideas at some risk
  35. 35early adoptersopinion leaders in there communities and adopt new ideas early but carefully
  36. 36early mainstream adoptersrarely leaders but adopt new ideas before the average person
  37. 37late mainstream adoptersskeptical-adopt an innovation only after a majority of people have tried it
  38. 38lagging adopterstradition bound-suspicious of changes and adopt the innovation only when it has become something of a tradition itself

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Flashcards on marketing ch 5, created by Marina Baranik on 11/02/2016.
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Marina Baranik
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