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MARChapter7.pptx

Chapter 7: Personality, lifestyles, and values

Dr. Jennifer Houston MAR4503

personality

One of the most famous theories of personality is that of Sigmund Freud, who believes that much of our personality stems from a fundamental conflict between our drive to gratify physical needs and the necessity to function as a responsible member of society

A person’s personality is their unique psychological makeup and how it consistently influences the way a person responds to his or her environment

These underlying characteristics, coupled with situational factors, are parts of the puzzle of what determine human behavior

Consumer behavior on the couch: Freudian theory

Freudian theory revolves around three systems that are a component of our personality:

The id, which operates on the pleasure principle & immediate gratification The superego, our conscience The ego, which operates according to the reality principle and is the mediator between the id and superego

Consumer behavior on the couch: Freudian theory

Most Freudian application to marketing relates to a product’s supposed sex symbolism/sex appeal

In the 1950’s, motivational research borrowed Freudian ideas to understand the deeper meanings of products and advertisements

Neo-Freudian theories

Karen Horney – believed people move toward others (compliant), away from others (detached), or against others (aggressive)

Carl Jung – pioneer of analytical psychology; believed that the cumulative experiences of past generations shape who we are today

We share a collective unconscious that are inherited

Shared memories create archetypes, or universally recognized ideas and behavior patterns

Young & Rubicam uses the archetypes to guide brands and make decisions

Freud’s work had a huge influence on subsequent theories of personality

Brand archetypes (based in Jungian theory)

Trait theory

The most widely used approach to measuring personality traits is the Big Five dimensions of personality

Openness to experience

Conscientiousness

Extraversion

Agreeableness

Neuroticism

The Myers-Briggs Type Indicator is a Jungian-based, trait-measuring personality inventory that rates individuals’ personalities across 4 dimensions

Trait theories of personality focus on the quantitative measurement of personality traits, which are identifiable characteristics that define a person

The big five personality dimensions

The Myers-Briggs typology

Applying Trait theories to consumer research

The trait theory of personality can be used to pinpoint the specific personality traits & tendencies of segmented markets

General use of personality testing to predict consumer behavior has had mixed success

Some personality tests are not particularly valid in their measurements of consumers personality (like the MBTI)

Personality tests may not be designed for the context of marketing and be hard to generalize into consumer behavior

Tests may not be administered correctly, or may make ad-hoc changes that skew what the tests are measuring

Brand personality

It is increasingly common for marketers to think carefully about brand personality as they embrace the communications approach known as brand storytelling

Reader-response theory

Underdog brand biographies

Marketers may use anthropomorphism – the attribution of human characteristics to objects or animals – to develop a brand personality and elicit consumer responses/feelings

Forging a successful brand personality is often key to building brand loyalty and creating brand resonance in the consumer-product bond

A product that creates and communicates a distinctive brand personality stands out from its competition and inspires years of loyalby

Today, thousands of brands borrow personality traits of individuals or groups to convey an image they want customers to form of them

A brand personality is the set of traits people attribute to a product as if it were a person

Lifestyles and consumer identity

The term lifestyle defines a pattern of consumption that reflects a person’s choices of how to spend their time and money, and plays a key role in defining consumer identity

There are all kinds of subcultures whose group members share a passion for a celebrity or activity, with each lifestyle subculture exhibiting their own unique set of norms, vocabulary, and product insignias

In traditional societies, class, caste, village, or family largely dictate a person’s consumption options

In a modern consumer society, each of us is free to select the set of products, services, and activities that define our self and, in turn, create a social identity we communicate to others

Lifestyles and consumer identity

Marketers also think about lifestyle in terms of how much time we have available to do what we’d like and what we choose to do with our leisure time

A lifestyle marketing perspective recognizes that people sort themselves into groups based on things they like to do, how they like to spend their leisure time, and how they chose to spend their disposable incomes

A goal of lifestyle marketing is to allow consumers to pursue their chosen ways to enjoy their lives and express their social identities

People, products, and settings combine to express a consumption style

Product complementarity and co-branding

We get a clearer picture of how people use products to define lifestyles when we see how they make choices in a variety of product categories

A lifestyle marketing perspective implies that we must look at patterns of behavior to understand the consumer

Many products and services seem to ‘go together’, usually because the same type of people tend to select them

Therefore, an important part of lifestyle marketing is to identify the set of products and services that customers associate with a specific lifestyle

Marketers who understand these cross-category relationships may pursue co-branding strategies and team up with other companies to promote two or more items

Product complementarity occurs when the symbolic meaning of different products relate to one another

Consumers use these ests of products we call a consumption consellation to define, communicate, and perform social roles

psychographics

Psychographics involves the use of psychological, sociological, and anthropological factors to determine how the market is segmented by the propensity of groups within the markets

Marketers can develop products to appeal to different buyer personas

How do we perform a psychographic analysis?

Psychographic studies take several different forms:

Lifestyle profiles – differentiating between users and non-users

Product-specific profiles – identifying a target group and then profiling those consumers on product-relevant dimensions

General lifestyle segmentation study – placing a large sample of respondents into homogenous groups based on similarities

Product-specific segmentation study – tailoring questions to a product category

How do we perform a psychographic analysis?

Typically, the first step in conducting a psychographic analysis is to determine which lifestyle segments yield the bulk of customers for a particular product (80/20 rule)

Psychographic techniques help marketers identify their heavy users, and marketers use the results of these studies to

Define the target market

Create a new view of the market

Position the product

Better communicate product attributes

Develop product strategy

Market social and political issues

Most contemporary psychographic research attempts to group consumers according to some combination of three categories of variables:

Activities

Interests

Opinions

values

In many instances, values are universal

What sets cultures apart is the relative importance, or ranking, of these universal values

This set of rankings constitutes a cultures value system

It is usually possible to identify a general set of core values that uniquely defines a culture

The process of learning the beliefs and behaviors endorsed by one's own culture is enculturation

The process of learning the value system and behaviors of another culture is acculturation

A value is a belief that some condition is preferable to its opposite

People can have similar values and belief systems, but for very different reasons

materialism

Our possessions play a central role in our lives, and our desire to accumulate them shapes our value systems

Materialism refers to the importance people attach to worldly possessions

Materialists are more likely to value possessions for their status and appearance-related meanings

One important dimension for materialists today is provenance – knowing exactly where a product comes from, or is curated

Minimalism – the opposite of materialism – is trending with things like the tiny house movement, living off the grid, and decluttering becoming increasingly popular

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