Marketing-chapter 5

Chapter 5 from principles of marketing by kotler/armstrong

21 cards   |   Total Attempts: 182
  

Cards In This Set

Front Back
Consumer behavior
Buying behavior of final consumers-individuals and households who buy goods and services for personal consumption
Consumer market
Refers to all of the personal consumption of final consumers
Cultural factors
Buyers culture, subculture or social class
Social factors
Reference groups, family, roles and status
Personal factors
Age and life stage, occupation, $ situation, life-style, personality/self-concept
Psychological factors
Motivation, perception, learning, beliefs/attitudes
Culture
Learned values, perception, wants, behavior from family
Subculture
Groups of people within a culture with shared value systems based on common life experiences
Social classes
Society's relatively permanent and ordered divisions whose members share similar values, interests and behaviors
Aspirational groups
Groups you choose to be a part of
Reference groups
Groups that form a comparison or reference in forming attitudes or behavior
Motive
A need that is sufficiently pressing to direct the person to seek satisfaction
Perception
The process by which people select, organize and interpret information to form a meaningful picture of the world from 3 processes
Selective attention
The tendency for people to screen out most of the info to which they are exposed
Selective distortion
The tendency for people to interpret information in a way that will support their beliefs