Untitled Deck Flashcards

(37 cards)

1
Q

Need Recognition

A

Identifying a gap between the current state and desired state. This is the start of the process, triggered by internal or external stimuli.

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2
Q

Information Search

A

Gathering data about options to address the need. Involves internal and external sources.

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3
Q

Evaluation of Alternatives

A

Comparing products based on criteria like price, quality, brand, and reviews.

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4
Q

Purchase Decision

A

Choosing and buying a product after evaluating options.

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5
Q

Post-Purchase Evaluation

A

Assessing satisfaction after purchase, which influences future decisions and brand loyalty.

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6
Q

Cognitive Dissonance

A

Post-purchase doubt or regret.

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7
Q

Internal Influences

A

Personal beliefs, attitudes, perceptions, or emotions. These factors stem from Consumer Psychology (Learning, Perception, Memory, Attitudes) and the Personality of the Consumer (Motivation, Personal Values, Emotional Intelligence) blocks.

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8
Q

External Influences

A

Friends, family, media, or social norms. These factors stem from the Social Environment (Acculturation, Culture and Cultural Values, Reference Groups, Social Class, Family Influence) and Situational Influences (Environment, Time/Timing, Conditions) blocks.

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9
Q

Maslow’s Hierarchy (of Needs)

A

A motivational theory that ranks human needs in a five-tier pyramid, suggesting that lower-level needs must be met before pursuing higher-level ones.

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10
Q

FOMO (Fear of Missing Out)

A

Drives compulsive social media use due to fear of missing social updates.

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11
Q

Emotional Dependency

A

Anxiety from lack of social media access, which reinforces checking behaviors.

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12
Q

Instant Gratification

A

Notifications provide emotional rewards, creating an addictive cycle.

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13
Q

Family Decision-Making Roles

A

Specific roles (e.g., initiator, decider) family members play that influence purchases.

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14
Q

Pester power

A

The influence children exert over their parents’ purchases through persistent requests.

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15
Q

Reference Groups

A

Groups that shape behavior by setting social norms.

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16
Q

Social Proof

A

Consumers adopt brands popular with their group for acceptance.

17
Q

Self-Concept (Actual, Ideal, Private)

A

Consumers choose products reflecting their actual (current) or ideal (desired) self. The private self reflects internal values.

18
Q

Lifestyle Segmentation

A

Grouping consumers based on their activities, interests, and opinions (AIOs), influencing product preferences.

19
Q

Psychographics

A

Focus on consumer values and lifestyles.

20
Q

Demographics

A

Focus on measurable traits like age, income, and gender.

21
Q

Big Five Traits (Personality Traits)

A

Innate characteristics (e.g., extraversion, openness to experience) that drive purchase types.

22
Q

Collectivism

A

Prioritizes group-oriented purchases and harmony.

23
Q

Individualism

A

Focuses on personal preferences and uniqueness.

24
Q

Subculture (e.g., Ethnicity)

A

A segment within a culture that drives preferences for culturally specific products.

25
Cultural Symbolism
The use of specific items or colors that carry a cultural meaning and influence purchases.
26
Gender Stereotypes
Preconceived ideas about gender that influence product choices.
27
Age Stereotypes
Preconceived ideas about an age group that affect information search.
28
Social Class Stereotypes
Preconceived ideas about social strata that drive luxury purchases to signal status.
29
Cultural Stereotypes
Preconceived ideas about a cultural group that bias brand preferences.
30
Disposal Ease (Ease of Disposal)
The convenience of disposal (e.g., recyclable packaging) that encourages the purchase of a product.
31
Take-Back Programs
Ethical disposal options offered by a brand (e.g., recycling old electronics) that enhance brand loyalty.
32
Selective Perception
Consumers focus on ads and information aligning with their interests/beliefs, filtering out irrelevant stimuli.
33
Perceptual Interpretation
The process by which cues like packaging, price, or store display influence the consumer's perception of product quality.
34
Brand Reputation
The established perception of trust and quality associated with a brand, which influences product preference.
35
Affective Component
The emotional element of an attitude; the feelings that drive product choices.
36
Persuasive Communication
Strategic messaging used to shift negative consumer attitudes by highlighting brand benefits.
37
Theory of Planned Behavior
A model stating that positive attitudes toward a behavior increase the consumer's purchase intentions.