Perspectives on Consumer Behavior McGraw-Hill Companies, Inc., McGraw-Hill/Irwin

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1 Perspectives on Consumer Behavior

2 Consumer Decision Making Decision Stage Problem recognition Psychological Process Motivation Information search Perception Alternative evaluation Attitude formation Purchase decision Integration Postpurchase evaluation Learning

3 Sources of Problem Recognition Out of Stock Dissatisfaction New Needs or Wants Related Product Purchase Market-Induced Recognition New Products

4 Maslow s Hierarchy of Needs Self-actualization needs (selfdevelopment, realization) Esteem needs (self-esteem, recognition, status) Social needs (sense of belonging, love) Safety needs (security, protection) Physiological needs (hunger, thirst)

5 Freudian Psychoanalytic Approach Strong inhibitions Symbolic meanings Subconscious Mind Complex and unclear motives Surrogate behaviors

6 Probing the Minds of Consumers In-depth Interviews interviews Association tests Projective techniques Focus groups

7 Test Your Knowledge Critics of psychoanalytic theory believe any results from motivation research are unusable because: A) results are unpredictable B) the theory is too responsive to external environmental stimuli C) the research requires the use of very large samples D) the theory is too vague E) the research is too structured

8 MR Not All Positive or All Negative Pros Reveals hidden feelings, drives and fears Cons Qualitative results from very small samples Highlights importance of symbolic factors Motivation Research Varying, subjective interpretations Shifts attention from what to how and why Difficult or impossible to verify or validate

9 Information Search Personal sources

10 The Selective Perception Process Selective exposure Selective attention Selective comprehension Selective retention

11 Evaluation of Alternatives All available brands Brand A Brand B Brand C Brand D Brand E Brand F Brand G Brand H Brand I Brand J Brand K Brand L Brand M Brand N Brand O Evoked Set of Brands Brand B Brand E Brand F Brand I Brand M

12 Two Forms of Evaluative Criteria Evaluative Criteria Objective Subjective Price Warranty Service Style Appearance Image

13 Different Perspectives: Marketer s View Enough power? Traction okay? Too pricy? Product is seen as a bundle of attributes or characteristics.

14 Different Perspectives: Consumer s View How does it cut the taller grass? Will the neighbors be impressed with my lawn? How close can I get to the shrubs? Is it going to be as fun to use later this summer? Will it pull that little trailer I saw at the store? Will I enjoy having more time for golf? Functional Product Is Seen As A Set of Outcomes Psychological

15 Test Your Knowledge is a construct that represents an individual's overall feelings or evaluation of an object and is viewed as a learned predisposition to respond towards it. A) A motive B) A need C) Perception D) An attitude E) A decision rule

16 Consumer Attitudes Focus on Objects Individuals Products Ads Media Attitudes Toward: Brands Companies Retailers Organizations

17 Ways to Change Attitudes Change beliefs about an important attribute Change perceptions of the value of an attribute Add a new attribute to the attitude formation mix Change perceptions or beliefs about a competing brand

18 Purchase Decision and Evaluation Decision Post evaluation Integration processes Purchase intention Satisfaction Heuristics Brand loyalty Preevaluation Dissatisfaction Affect referral decision rule Cognitive dissonance

19 How Consumers Learn Thinking Conditioning Modeling Intellectual evaluation comparing attributes with values Based on conditioning through association or reinforcement Based on emulation (copying) of respected examples

20 Classical Conditioning Process Unconditioned stimulus (grapes) Unconditioned response (fresh and moist) Association develops through contiguity and repetition Conditioned stimulus (Lancôme moisturizer) Conditioned response (fresh and moist)

21 Instrumental Conditioning Process Behavior (consumer uses product or service) Positive or negative consequences occur (reward or punishment) Increase or decrease in probability of repeat behavior (purchase)

22 Test Your Knowledge A print ad for Chevy Ventura vans contains about ten times more copy than other ads in a recent issue of Better Homes & Gardens magazine. Which of the following theories states that this is an appropriate way to shape consumer behavior? A) psychoanalytical theory B) cognitive theory C) reinforcement theory D) affective modeling E) operant conditioning

23 Cognitive Learning Process Goal Purposive behavior Insight Goal achievement

24 External Influences on Consumer Behavior Culture Subculture Social class Reference groups Situational determinants

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