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Consumer Behavior
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Processes/influences a consumer uses to make purchase decisions/ dispose of purchased goods and serives.
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Consumer Decision-making Process
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Need Recognition- Info search- Evaluation of alternatives- purchase- postpurchase behavior.
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Need Recognition
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Result of an imbalance between actual and desired states.
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Want
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Recognition of an unfulfilled need and a product that will satisfy it.
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Stimulus
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Any unit of input affecting one or more of the five senses.
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Internal Info Search
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Process of recalling past info stored in memory.
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External Info Search
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Process of seeking info in the outside environment.
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Nonmarketing-controlled info source
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Product info source that's not associated w/ advertsing/promotion.
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Marketing Controlled info source
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Product info source that originates w/ marketers promoting the product.
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Evoked Set
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Group of brands, resulting from an info search from which a buyer can choose.
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Cognitive Dissonance
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Inner tension that a consumer experiences after recognizing an inconsistency between behavior and values or opinions.
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Involvement
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Amount of time and effort a buyer invests in the search, evaluation, and decision processes of consumer behavior.
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Routine Response Behavior
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Type of decision making exhibited by consumers buying frequently purchased, low cost goods and services, requires little search and decision time.
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Limited Decision Making
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Type of decision making that requires a moderate amount of time for gathering info and deliberating about an unfamiliar brand in a familiar product category.
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Extensive Decision Making
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Most complex type of consumer decision making used when buying an unfamiliar expernsive product or an infrequnetly bought items, requires use of several criteria for evaluating options and much time for seeking info.
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