Marketing Multiple Choice and Short Answer Questions

mathwiz10101
Chp3_CONSUMERBEHAVIOUR_.ppt

© 2012 McGraw-Hill Ryerson Ltd.

Consumer Behaviour

Chapter

3

Copyright 2009, McGraw-Hill Ryerson

*

Copyright 2009, McGraw-Hill Ryerson

© 2012 McGraw-Hill Ryerson Ltd.

Learning Objectives

  • Describe the stages in the consumer decision process
  • Distinguish among three variations of the consumer decision process: routine, limited, and extended problem solving
  • Describe how situational influences affect the consumer purchase decision process
  • Explain how psychological influences affect consumer behaviour, particularly consumer purchase decision processes
  • Identify major socio-cultural influences on consumer behaviour and their effects on purchase decisions
  • Discuss the importance of culture and subculture in determining consumer behaviour

*

© 2012 McGraw-Hill Ryerson Ltd.

Influences on Consumers’ Purchase Decisions

*

© 2012 McGraw-Hill Ryerson Ltd.

Consumer Purchase Decision Process

What lies behind the purchase

*

LO 1

© 2012 McGraw-Hill Ryerson Ltd.

Problem Recognition

Realization that a big enough difference exists between:

  • What one has, and

*

  • What one would like to have

LO 1

© 2012 McGraw-Hill Ryerson Ltd.

Information Search

*

LO 1

Marketer-Dominated Sources

Personal Sources

Public Sources

Internal

External

© 2012 McGraw-Hill Ryerson Ltd.

Alternative Evaluation

Evaluative criteria

  • Objective attributes
  • Subjective attributes

Marketers try to identify the evaluative criteria and include them in the marketing mix to create customer value

*

LO 1

© 2012 McGraw-Hill Ryerson Ltd.

Purchase Decision

Three Decisions

  • The chosen brand
  • From whom
  • When

*

LO 1

Technology has had an effect on all stages of the Consumer Purchase Decision Process

© 2012 McGraw-Hill Ryerson Ltd.

Post-Purchase Decision

  • Consumers’ comparison of purchase to expectations
  • Important to be sensitive to consumers’ consumption behaviour
  • Resolving customer issues can avoid their complaints on the internet and in social media
  • Good customer support/help available
  • Help them avoid cognitive dissonance

*

LO 1

© 2012 McGraw-Hill Ryerson Ltd.

Post-Purchase Decision

*

Satisfaction  Buyers tell 3 others

Dissatisfaction  Buyers tell 9 others

LO 1

© 2012 McGraw-Hill Ryerson Ltd.

Involvement & Problem-Solving Variation

*

LO 2

Influences Level of

Purchase Involvement

Level of Personal?

Social?

Economic?

© 2012 McGraw-Hill Ryerson Ltd.

Problem-Solving Variations

*

LO 2

© 2012 McGraw-Hill Ryerson Ltd.

Influences on the Consumer Purchase Decision Process

*

LO 3

© 2012 McGraw-Hill Ryerson Ltd.

The Purchase Decision Process

Women: “How do most young men in this class decide to buy a new pair of dress shoes?”

Men: “How do most young women in this class decide to buy a new pair of dress shoes?”

In-class exercise:

Men vs. women

Map out the decision-making process of the opposite sex for dress shoes.

Discuss process, results, accuracy.

*

Copyright 2009, McGraw-Hill Ryerson

© 2012 McGraw-Hill Ryerson Ltd.

Psychological Influences on Consumer Behaviour

*

LO 4

Motivation

Values, Beliefs, Attitudes

Lifestyle

Personality

Learning

Perception

Psychological Influences

© 2012 McGraw-Hill Ryerson Ltd.

Motivation

Motivation is the energizing force that stimulates behaviour to satisfy a need.

*

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Motivation

*

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Maslow’s Hierarchy of Needs (tweaked)

Source: http://markarayner.com/blog/archives/3616

Many different models of human motivation.

There have been criticisms of Maslow, saying it’s too Western and individualistic: http://en.wikipedia.org/wiki/Maslow's_hierarchy_of_needs

Still lots of supporters.

Students will study other models in their 4 years at MRU.

*

Copyright 2009, McGraw-Hill Ryerson

© 2012 McGraw-Hill Ryerson Ltd.

Personality

Personality characteristics are often revealed in self-concept:

  • The way people see themselves
  • They way they believe others see them
  • Men are becoming more concerned with body image and grooming

*

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Perception

  • Selective perception
  • Selective exposure
  • Selective comprehension
  • Selective retention

*

Helps to create a meaningful picture of the world

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Perception

  • Perception creates perceived risk
  • Perceived risk affects information search
  • Marketers can reduce perceived risk

*

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Learning

  • Learning is a continual process for consumers
  • Behaviours evolve as a response to repeated experience and reasoning
  • For example:

which sources to use for information

which evaluative criteria to use

how to make purchase decisions

*

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Behavioural Learning

  • Developing automatic responses from repeated exposure to a situation
  • Four variables:

A drive

A cue

A response

Reinforcement

*

red can

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Behavioural Learning

*

Hungry

Billboard

“Tastes great!”

Buy a burger

Cue 

Drive 

Reinforcement 

Response 

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Behavioural Learning

*

“I feel sick!”

Negative Reinforcement 

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Behavioural Learning

*

iPod®

iPhone®

iTouch®

Stimulus Generalization

Launch new products with common

brand names

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Behavioural Learning

*

Stimulus Discrimination

Automobiles

Consumers’ ability to perceive differences between similar products

High-involvement purchase

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Cognitive Learning

  • Learning through thinking, reasoning, and mental problem-solving

*

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Brand Loyalty

  • Positive reinforcement repeatedly creates habit formation
  • Habit  Brand loyalty

*

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Values, Beliefs and Attitudes

*

Personal values

Beliefs

Favourable or unfavourable attitudes

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Attitude Change

  • Changing beliefs about the extent to which a brand has certain attributes
  • Changing the perceived importance of attributes
  • Adding new attributes to the product

*

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Lifestyle

*

Activities, interests, and opinions

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

*

LO 4

© 2012 McGraw-Hill Ryerson Ltd.

Sociocultural Influences on Consumer Behaviour

*

Personal

Socio-cultural Influences

Culture

Family

Subculture

Reference groups

LO 5

© 2012 McGraw-Hill Ryerson Ltd.

Personal Influence

Purchases are often influenced by:

  • Opinion leaders
  • Word of mouth

*

LO 5

© 2012 McGraw-Hill Ryerson Ltd.

Opinion Leadership

The challenge:

  • Identify the opinion leaders
  • Reach the opinion leaders
  • Influence the opinion leaders

*

LO 5

© 2012 McGraw-Hill Ryerson Ltd.

Word of Mouth

  • Buzz marketing
  • Viral marketing

*

LO 5

© 2012 McGraw-Hill Ryerson Ltd.

Reference Groups

*

Membership Groups

Dissociative Groups

Aspiration Groups

Reference Groups

LO 5

© 2012 McGraw-Hill Ryerson Ltd.

Reference Groups and Opinion Leaders

People act differently in groups than they do on their own

  • Reference group
  • Conformity (group pressure)
  • Sex roles
  • Opinion leaders
  • Peer influencers & the Internet

Who do you ask for advice before making a purchase or decision?

Which websites do you visit for which kinds of products?

Do celebrities influence your decisions?

*

Copyright 2009, McGraw-Hill Ryerson

© 2012 McGraw-Hill Ryerson Ltd.

Family Influences

  • Consumer socialization
  • Family lifecycle
  • Family decision-making

*

LO 5

© 2012 McGraw-Hill Ryerson Ltd.

Subculture

  • The most prominent subcultures are often racial or ethnic

*

LO 6

© 2012 McGraw-Hill Ryerson Ltd.

Canada

  • A nation of many faces, as ethnic groups continue their many unique traditions, languages, and values

*

LO 6

© 2012 McGraw-Hill Ryerson Ltd.

Canadian Subculture

  • French-Canadian: 30% of population
  • Chinese-Canadian: 3.5% of population

*

Very different consumer behaviour which may result in ethnic-specific marketing programs

LO 6

© 2012 McGraw-Hill Ryerson Ltd.

Global Cultural Diversity

  • Global marketing requires cross-cultural analysis

*

LO 6

© 2012 McGraw-Hill Ryerson Ltd.

Global Marketing Success

*

  • A thorough cross-cultural analysis will force an understanding of the country’s:

Values

Customs

Symbols

Language

LO 6