What is the decision-making model?
Problem recognition -> alternative -> purchase decision -> information search -> post purchase
Information search -> problem recognition -> alternative -> purchase decision -> post purchase
Information search -> problem recognition -> purchase decision -> alternative -> post purchase
problem recognition -> information search -> alternative -> purchase decision -> post purchase
What are some psychological process factors?
motivation, perception, learning, knowledge, attitude formation
motivation, perception, integration, internal search, external search
motivation, perception, self-actualisation, culture, consumer learning
motivation, perception, attitude formation, integration, learning
Maslow's Hierarchy of Needs from bottom to top.
physiological, social, safety, esteem, self-actualisation
physiological, safety, social, esteem, self-actualisation
physiologoical, safety, esteem, social, self-actualisation
self-actualisation, social, esteem, safety, physiological
What is selective attention?
consumers choose to focus on certain stimuli while excluding others.
a filtering or screening occurs throughout the perceptual process because internal and external factors influence what is received and how it is processed.
consumers do not remember all information they see, hear or read.
consumers interpret information on the basis of their own attitudes, beliefs, motives and experiences.
What is classical conditioning?
assumes that learning is essentially an associative process whereby the relationship between an unconditioned stimulus and conditioned stimulus developed through repetition and contiguity
view consumer as an active participate for learning to occur
perception, formation of beliefs about brands, attitude development and change and integration are important to understand decision-making regarding brand/product purchases
What are some examples of external influences on CB?
culture, social class, religion, household income, status
social class, reference group, subculture, culture
gender, social class, reference group, situational
social class, culture, demographic, income
what is the target marketing process?
identifying needs with unfulfilled needs -> determining market segmentation -> selecting a market to target -> positioning through marketing strategies
identifying needs with unfulfilled needs -> selecting a market to target -> determining market segmentation -> positioning through marketing strategies
identifying needs with unfulfilled needs -> determining market segmentation -> positioning through marketing strategies -> selecting a market to target
identifying needs with unfulfilled needs -> positioning through marketing strategies -> determining market segmentation -> selecting a market to target
how can groups be segmented?
NCU BL OBL OBU
BL OBL BS BN
NCU OBL BS BL
OBL NCB BU BS
WHAT IS THE PRODUCT LIFE CYCLE?
introduction -> growth -> maturity -> decline/expand
introduction -> mature -> growth -> decline
introduction -> growth -> decline -> mature
What is true?
Informational motivation is bad, transformational is good.
informational means elated, transformational means problem removal
informational and transformational does not relate to emotions
none of the above
Why is the definition of perception?
Consumers choose whether or not to make themselves available to information.
A filtering or screening occurs throughout the perceptual process because internal and external factors influence what is received and how it is processed.
The process by which an individual receives, selects, organises, interprets information to create a meaningful picture of the world.
Why do consumers take an external search?
To study their stimuli and see what evoked set and other considerations are available.
When the buyer becomes aware of a difference between actual state and desired state.
To get more information from outside sources that can affect their decision making process.
Framing the alternatives.
What is cognitive dissonance?
disappointment of a product.
product performance is below expectations.
a buyer’s doubts shortly after a purchase about whether the decision was the right one.