BADM 325 Exam 1

Badm 325

97 cards   |   Total Attempts: 191
  

Cards In This Set

Front Back
Consumer Behavior
The study of the processes involved when individuals or groups select, purchase, use, or dispose of products, services, ideas, or experiences to satisfy needs and desires
Aspects of Consumer Behavior
- Psychological
- Social
- Technological
- Situational
Consumer
A person who identifies a need or desire, makes a purchase, and then disposes of the product
Market Segmentation
Separating the market into various groups based on different determining factors
Demographics
Statistics that measure observable aspects of a population
Psychographics
Study of personality, values, attitudes, interest, and lifestyles
Wheel of Consumer Behavior
1. Consumers in the marketplace
2. Consumers as individuals
3. Consumers as decision makers
4. Consumers and subcultures
5. Consumers and culture
Sensation
The immediate response of our sensory receptors to basic stimuli
Perception
The process by which sensory information is organized and understood
Process of Perception
Sensory stimuli
sensory receptors
exposure
attention
interpretation
Trade Dress
Colors associated with specific companies/brands
Color
Provokes emotion
reactions are biological and cultural
Smell
Creates mood and promotes memories
Hearing
Affects people's feelings and behaviors
Phonemes
Individual sounds that might be more or less preferred by consumers