Consumer Behavior

120 flashcards by MentisLibrary

How buyers actually decide: the five-stage decision process, perception and attention, motivation and self-concept, learning and memory, attitudes and persuasion, social influence, behavioral economics, and what happens after the purchase.

What does the field of consumer behavior study?
How people select, buy, use and dispose of offerings, and the mental and social processes behind each of those acts.
What are the five stages of the consumer decision process?
Need recognition, information search, evaluation of alternatives, purchase decision, post-purchase evaluation.
What triggers need recognition?
A gap between the actual state and the desired state that is large enough to motivate action.
What is the difference between internal and external search?
Internal search retrieves what memory already holds; external search gathers new information from reviews, retailers, ads and other people.
What is an evoked set?
The small group of brands a buyer actually considers, drawn from those they are aware of.
How does an awareness set narrow into evoked, inert and inept sets?
Evoked brands are considered, inert brands are known but treated with indifference, inept brands are actively rejected.
What are evaluative criteria?
The attributes a buyer uses to compare options, such as price, battery life, warranty or delivery speed.
What makes an attribute a determinant attribute?
It is both important to the buyer and different across the options considered, so it actually decides the choice.
What is a compensatory decision rule?
A rule in which a strong score on one attribute can offset a weak score on another, so options are scored overall.
What is a noncompensatory decision rule?
A rule in which a failure on one attribute cannot be offset, so options below a cutoff are eliminated outright.
What is the lexicographic decision rule?
Rank attributes by importance and choose the option that wins on the most important one, breaking ties on the next attribute.
What is the conjunctive decision rule?
Set a minimum acceptable level on every attribute and eliminate any option that falls short on any of them.
What is elimination by aspects?
Rank attributes, eliminate every option failing a cutoff on the top attribute, then repeat down the ranking until one option remains.
What is extended problem solving?
High-involvement decision making with wide search and careful evaluation, used for unfamiliar, expensive or risky purchases.
What is routine response behavior?
Low-involvement repeat purchasing made largely from memory, with almost no search or evaluation.
What is involvement in consumer behavior?
The personal relevance of a product or decision, driven by perceived risk, cost, visibility and how much the category matters to the buyer.
Name the main types of perceived risk in a purchase.
Functional, financial, physical, social, psychological and time risk.
What is an unplanned purchase versus an impulse purchase?
An unplanned purchase is any item not decided on before the trip; an impulse purchase adds a sudden, affect-driven urge to buy now.
What are the three stages of perception?
Exposure, attention and interpretation.
What is selective exposure?
People position themselves near some stimuli and away from others, skipping ads, scrolling past and installing blockers.
What is selective attention?
Limited attentional capacity is allocated to stimuli that are relevant, novel, intense or personally meaningful, and the rest is filtered out.
What is the just noticeable difference?
The smallest change in a stimulus a person can reliably detect, also called the differential threshold.
What does Weber's law say about noticing change?
The just noticeable difference is a roughly constant proportion of the original stimulus, so larger starting values need larger changes to be noticed.
How do marketers apply the just noticeable difference deliberately?
Keep unwanted changes below it and push wanted changes above it.
Is subliminal advertising an effective way to drive purchase?
No reliable evidence supports it as a purchase driver; the idea persists largely because of publicity around an early claim that was later admitted to be fabricated.
What is the figure-ground principle in perception?
One element is perceived as the focal figure and the rest recedes as background.
What is sensory marketing?
Deliberately designing sight, sound, smell, touch and taste cues to shape perception, mood and behavior.
What is a perceptual map?
A picture of how buyers see competing brands on two or more attributes, used to locate gaps and check positioning.
What is the price-quality inference?
When quality is hard to judge directly, buyers treat a higher price as a signal of it.
What is the difference between intrinsic and extrinsic product cues?
Intrinsic cues belong to the product itself, such as taste, materials or performance; extrinsic cues sit outside it, such as price, brand, packaging and country of origin.