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Chapter 5
Vocab
| Term | Definition |
|---|---|
| Consumer behavior | consists of the actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions. |
| The purchase decision process | the five stages a buyer passes through in making choices about which products and services to buy: (1) problem recognition, (2) information search, (3) alternative evaluation, (4) purchase decision, and (5) postpurchase behavior. |
| Involvement | the personal, social, and economic significance of the purchase to the consumer. |
| Consumer touchpoints | are a marketer’s product, service, or brand points of contact with a consumer from start to finish in the purchase decision process. |
| Consumer journey map | a visual representation of all the touchpoints a consumer comes into contact with before, during, and after a purchase. |
| Motivation | the energizing force that stimulates behavior to satisfy a need. |
| Personality | a person’s consistent behaviors or responses to recurring situations. |
| Perception | the process by which an individual selects, organizes, and interprets information to create a meaningful picture of the world. |
| Perceived risk | the anxiety felt because the consumer cannot anticipate the outcomes of a purchase but believes that there may be negative consequences. |
| Learning | those behaviors that result from (1) repeated experience and (2) reasoning. |
| Brand loyalty | a favorable attitude toward and consistent purchase of a single brand over time. |
| An attitude | a learned predisposition to respond to an object or class of objects in a consistently favorable or unfavorable way. |
| Beliefs | are a consumer’s subjective perception of how a product or brand performs on different attributes based on personal experience, advertising, and discussions with other people. |
| Opinion leaders | individuals who exert direct or indirect social influence over others. |
| Word of mouth | the influencing of people during conversations. |
| Reference groups | people to whom an individual looks as a basis for self-appraisal or as a source of personal standards. |
| A brand community | a specialized group of consumers with a structured set of relationships involving a particular brand, fellow customers of that brand, and the product in use. |
| A family life cycle | the distinct phases that a family progresses through from formation to retirement, each phase bringing with it identifiable purchasing behaviors. |
| Social class | the relatively permanent, homogeneous divisions in a society into which people sharing similar values, interests, and behavior can be grouped. |
| Subcultures | the subgroups within the larger, or national, culture with unique values, ideas, and attitudes. |