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What is consumer behavior
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The study of the process involved when individuals or groups, select, use, or dispose of products, services, ideas, or experiences to satisfy needs and wants
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Who is a consumer?
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A person who identifies a need or want, makes a purchase, and then disposes of the product.
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What is segmenting?
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Demographic, lifestyles (psychographics-the way we feel about ourselves, the things we value, the things we do in our spare time), geography name Bubba
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The meaning of consumption
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People often buy products not for what they do, but for what they mean. Consumers use products to define their identities in various settings. Can develop relationships with brands (nostalgia)
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Do marketers create artificial needs?
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Marketing creates awareness that needs exist, not to create needs
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Need
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A basic biological motive
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Want
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One way that society has taught us that the need can be satisfied
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What is market segmentation?
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Targeting a brand only to specific groups of consumers rather than to everybody. Relationship marketing/ database marketing= marketers are more attuned to wants and needs of different customer segments
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Process of perception?
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Three-stage process that translates raw stimuli into meaning: exposure, attention, interpretation
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Sensation?
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Immediate response of our sensory receptors to basic stimuli
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Perception?
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The process by which sensations are selected, organized, and interpreted.
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Colors
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-Emotion, biological and cultural, color in US is becoming brighter/complex, trade dress (Kodak)
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Smell
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Moods and memories, coffee= childhood, scents inside products and promotions, pumping smell of coffee at gas station
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Hearing
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Affects feelings and behaviors
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Phonemes
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Individual sounds that might be more or less preferred by consumers
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