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consumer behavior exam 3|Questions and Answers A+ Graded

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consumer behavior exam 3|Questions and Answers A+ Graded

Institution
Consumer Behavior
Course
Consumer behavior

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consumer behavior exam 3|
Questions and Answers A+
Graded
Aspirational group - -A reference group that an individual wishes to join

- Attention to social comparison information - -- Individual compares
themselves to others to evaluate the ability level and the suitability of their
opinions
- Allows individuals to evaluate the appropriateness of their own behavior as
well as the behavior of others

- Boomerang kids - -Young adults who move back in with their parents after
living independently
Reasons: low wages, low savings, high debt, unemployment, financial crisis

- Buzz marketing - -Viral marketing technique focused on maximizing the
word-of-mouth potential of a campaign or product
Creates anticipation among consumers

- Brand Community - -A series of relationships between customers or
consumers and a brand as well as among the different consumers
Consumers that feel they have a relationship with the brand, then develop
relationships with each other around their appreciation for the brand

- Conformity - -A preference of using the behaviors or expectations of
others as a guideline for one's own consumption patterns

- Connected self-schema - -Know this for exam
Self-conceptualization of the extent to which a consumer perceives himself
or herself as being an integral part of a group

- Consumer Socialization - -How do you learn as a young child to operate in
the marketplace
Learn from parents, peers, etc.
The process through which young consumers develop attitudes and learn
skills to help them function in the marketplace

- Diffusion Process - -Way in which new products are adopted and spread
throughout a marketplace

- Dissociative group - -Group to which a consumer does not want to belong

, - Nuclear & Extend Family - -Nuclear family: a mother, father, and a set of
siblings
Extend family: three or more generations of family members

- Group influence - -Ways in which group members influence attitudes,
behaviors, and opinions of others within a group

- Household life cycle - -Segmentation technique that acknowledges that
changes in family composition and income after household demand for
products and services

- Acquisitional shopping advertising - -The activity oriented toward a
specific, intended purchase
Example: mother buying shoes for child

- Atmospherics - -Physical manipulation of the store environment (in-store
or online) to change the mood of the customer
- layout, lighting, sound, decor, etc

- Congruity - -A psychological process and a consequence where consumers
engage in comparison between brand image and their own self-concept

- Consumer self-regulation - -Individual inhibition of an automatic behavior
of future negative consequences

- Epistemic shopping - -Customers shop to obtain information about the
products they intend to purchase in the near future

- Brand inertia - -The tendency of some customers to buy or continue
buying a product even when superior options exist

- Brand loyalty - -The tendency of consumers to continuously purchase one
brand's products over another
Have fostered a trusting relationship with the brand

- Extended decision making - -Occurs when consumers are buying a rather
expensive product
Spend more time doing in-depth research about the product before making a
final decision

- Habitual decision making - -Requires only minimal search for, and
evaluation of, alternatives before purchasing

- Affect-based vs. attribute-based evaluations - -Logical attribute
Affect referral

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Institution
Consumer behavior
Course
Consumer behavior

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