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MAR3503CH4.pptx

Chapter 4

Memory and Knowledge

© 2017 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

© 2017 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Learning Objectives

Distinguish among sensory, working, long-term, implicit, and explicit memory, and explain why marketers must be aware of these different types of memory

Explain how and why knowledge content and structure, including associative networks, categories, schemas, scripts, and prototypicality, are relevant to marketers

Discuss what memory retrieval is, how it works, and the ways in which marketers can try to affect it

© 2017 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Consumer Memory

Persistence of learning over time, via storage and retrieval of information, either consciously or unconsciously

Retrieval: Process of remembering or accessing what was previously stored in memory

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Memory

What are some of your childhood memories with brands? Are those brands still in your life?

Sensory memory Working memory Long-term memory
Echoic memory - Hearing Incoming information that is encoded or interpreted with existing knowledge or kept available for more processing Information is permanently stored for later use
Iconic memory - Seeing Forms of information processing consist of imagery processing and discursive processing Episodic (autobiographical) memory: Knowledge about oneself and his or her personal, past experiences
Olfactory memory - Smelling Limited and short-lived Semantic memory: General knowledge about an entity, detached from specific episodes

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Implications of Imagery Processing for Marketers

Imagery

Improves the amount of information that can be processed

Stimulates future choice

Realistic imagery improves consumer satisfaction

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Effective Use of Episodic Memory

Promoting empathy and identification

Cueing and preserving episodic memories

Reinterpreting past consumption experience

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Types of Memory

Consumers are consciously aware that they remember something

Explicit memory

Consumers are not consciously aware that they remember something

Leads to processing fluency

Implicit memory

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Expression of Explicit Memory

Recognition: Identifying whether individuals have previously encountered a stimulus when reexposed to the stimulus

Recall: Ability to retrieve information about a stimulus from memory without being reexposed to the stimulus again

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Techniques to Enhance Memory

Chunking - Group of items that are processed as a unit

Rehearsal - Active and conscious interaction with the material one is trying to remember

Recirculation - Encountering information repeatedly

Elaboration: Transferring information to long-term memory by processing at deeper levels

Why are these techniques important for marketers to understand?

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Knowledge Content: Schema

Set of associations or associative network linked to a concept in memory

Spreading of activation: Retrieving a concept or association spreads to the retrieval of a related concept or association

Priming: Increased sensitivity to certain concepts and associations due to prior experience based on implicit memory

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Knowledge Content: Schema (continued)

Dimensions of associations include favorability, uniqueness, and salience

Specific schemas

Brand image: Captures what a brand stands for and how favorably consumers view it

Brand personality: Set of associations that reflect a brand’s personification

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Exhibit 4.4 - Brand Personality Framework

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Marketing Implications of Brand Images and Personality

Creation

Brand extension: Using the brand name with a well-developed image on a product in a different category

Maintenance

Change

Protection

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Categories

Taxonomic category: Classification of objects in memory in an orderly way based on their similarity

Graded structure and prototypicality

Hierarchical structure

Correlated associations

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Exhibit 4.6 - Taxonomic Category Structure

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Knowledge Flexibility

Goal-derived categories: Things viewed as belonging in the same category as they fulfill same goals

Construal level theory: Describes:

Different levels of abstractness in associations that a consumer has about things

How a consumer's psychological distance influences abstractness of associations and his or her behavior

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Why Consumer Knowledge Differs

Culture affects how associations are correlated

Expert consumers:

Have rich associative network

Have more graded and refined taxonomy

Exhibit high flexibility in activating suitable associations

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Retrieval Failures

Decay: Weakening of memory strength over time

Interference: Strength of a memory deteriorates over time because of competing memories

Serial-position effects

Primacy and recency effect: Tendency to show greater memory for information that comes first or last in a sequence

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Memory and Retrieval

Memory can be subject to:

Selection

Confusion

Distortion

Enhancing retrieval

Characteristics of the stimulus

What the stimulus is linked to

Way the stimulus is processed

Consumer characteristics

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Characteristics of Stimulus

Salience

Prototypicality

Redundant cues

Medium in which the stimulus is processed

What are examples of advertising/marketing stimuli?

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Linking Stimulus: Retrieval Cues

Brand name

Logos

Package

Images

Familiar branding and typefaces

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