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SPMT 370 Exam 1 Questions with CORRECT Answers

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SPMT 370 Exam 1 Questions with CORRECT Answers

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SPMT 370 Exam 1 Questions with CORRECT
Answers
Sport marketing

All activities that are designed to meet the wants of sport consumers

Basic marketing philosophy

-examine consumers needs

-select best way to meet those wants (targeting and positioning)

-achieve organizations objectives by meeting and satisfying the consumer wants

Consumer decision making process

1. need recognition

2. information search

3. evaluation of alternatives

4. purchase decision

5. post purchase behavior

Consumer behavior

set of value-seeking activities that take place as people go about addressing their needs and

wants

What affects consumer behavior

-external (social/situational) influences

-internal (individual) influences

, -decision making process

-outcomes and issues

Consumer personality

Individual characteristics

-values, motivation, personality, lifestyle, self image, emotions

Consumer psychology

Process of the mind

-attitudes, learning, perception, memory

Consumer motivation

Inner reasons that provide energy needed to achieve a goal

-desires, emotions, feelings, purpose, values, accomplishment, etc

Regulatory force theory

Consumer behavior is centered around two primary orientations:

-Homeostasis (prevention-focused)

-Connected with utilitarian value

-Self-improvement (promotion-focused)

-Connected with hedonic value

Internal factors which influence consumers

Participant: achievement, mastery, social

Spectator: social—>affiliation, family time; individual—>appreciation, entertainment, self-

esteem, eustress (BIRGing), escape, economic

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