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TOP 10 Learning Questions for

 Chapter 6: Analyzing Consumer Markets



              Jem Caraig
          December 16, 2011
   For use in the Marketing Management Class of
           Prof. Remigio Joseph De Ungria


         http://jemcaraig.blogspot.com
1. In the three factors that influence on
     consumer behavior, which is the factor that
     exerts the broadest and deepest influence?

A.   Social Factors
B.   Cultural Factors
C.   Subcultural Factors
D.   Psychological Factors
E.   Personal Factors




               http://jemcaraig.blogspot.com       2
What Influences Consumer Behavior?

                            Cultural Factors
   Culture, subculture, and social class are particularly important influences on
                               Consumer behavior.




                                     Social Factors
       Reference groups, family, and social roles and statuses affect our buying behavior.




                                        Personal Factors
             Buyer's age and stage in the life cycle; occupation and economic circumstances;
                      personality and self-concept; and lifestyle and values influence
                                              buyer’s decision.


              http://jemcaraig.blogspot.com                                             3
What Influences Consumer Behavior?

                                     Cultural Factors
            Culture, subculture, and social class are particularly important influences on
                                        Consumer behavior.




                                              Social Factors
                Reference groups, family, and social roles and statuses affect our buying behavior.
Cultural Factors
exert the
broadest
                                                 Personal Factors
and deepest           Buyer's age and stage in the life cycle; occupation and economic circumstances;
influence                      personality and self-concept; and lifestyle and values influence
                                                       buyer’s decision.
among the three
factors
                       http://jemcaraig.blogspot.com                                             4
1. In the three factors that influence on
     consumer behavior, which is the factor that
     exerts the broadest and deepest influence?

A.   Social Factors
B.   Cultural Factors
C.   Subcultural Factors
D.   Psychological Demand
E.   Personal Factors




              http://jemcaraig.blogspot.com        5
2. Which of the following is true?

A.   Subcultures include family, nationalities, religions
     and racial groups
B.   Social Factors include family, nationalities, religions
     and racial groups
C.   Subcultures include nationalities, religions, racial
     groups and geographical regions
D.   Social Factors include family, reference groups,
     statuses and racial groups
E.   None of the above

                http://jemcaraig.blogspot.com                  6
Subcultures

   Each culture consists of              SUBCULTURES include:
    smaller subcultures that
    provide more specific              NATIONALITIES
    identification and socialization
    for their members. When            RELIGIONS
    subcultures grow large and
    affluent enough, companies         RACIAL GROUPS
    often design specialized
    marketing programs to serve        GEOGRAPHICAL REGIONS
    them.



                   http://jemcaraig.blogspot.com                 7
Social Factors

                                     In addition to
SOCIAL FACTORS include:               cultural factors,
                                      social factors
 REFERENCE
                  FAMILY
                                      such as reference
  GROUPS
                                      groups, family,
                                      and social roles
SOCIAL ROLES     STATUSES             and statuses
                                      affect our buying
                                      behavior.

               http://jemcaraig.blogspot.com         8
2. Which of the following is true?

A.   Subcultures include family, nationalities, religions
     and racial groups
B.   Social Factors include family, nationalities, religions
     and racial groups
C.   Subcultures include nationalities, religions, racial
     groups and geographical regions
D.   Social Factors include family, reference groups,
     statuses and racial groups
E.   None of the above

                http://jemcaraig.blogspot.com                  9
3. __________ is the specific mix of human
     traits that we can attribute to a particular
     brand.

A.   Personal Factors
B.   Social Roles
C.   Self-concept
D.   Lifestyle
E.   Brand Personality




               http://jemcaraig.blogspot.com        10
Stanford’s Jennifer Aaker researched brand
   personalities and identified the following
   traits:

  Sincerity       down-to-earth, honest, wholesome, and cheerful


 Excitement             daring, spirited, imaginative, and up-to-date


Competence                        reliable, intelligent, and successful


Sophistication                             upper-class and charming


Ruggedness                                      outdoorsy and tough


                 http://jemcaraig.blogspot.com                            10
Personality and Self-Concept

Personality is a set of distinguishing human psychological
  traits that lead to relatively consistent and enduring
  responses to environmental stimuli (including buying
  behavior).

BRAND PERSONALITY is the specific
  mix of human traits that we can
  attribute to a particular brand.


              http://jemcaraig.blogspot.com             11
3. __________ is the specific mix of human
     traits that we can attribute to a particular
     brand.

A.   Personal Factors
B.   Social Roles
C.   Self-concept
D.   Lifestyle
E.   Brand Personality




               http://jemcaraig.blogspot.com        13
4. The key to psychological process are the
     following except…

A.   Behavior
B.   Motivation
C.   Perception
D.   Learning
E.   Memory




              http://jemcaraig.blogspot.com    14
Marketer’s task


      Key Psychological Processes

    Motivation             Perception

    Learning                 Memory




        http://jemcaraig.blogspot.com   15
Marketer’s task

   to understand what happens in the consumer's consciousness between
    the arrival of the outside marketing stimuli and the ultimate purchase
    decisions


                    Key Psychological Processes

                 Motivation                 Perception

                  Learning                   Memory

         •These processes influence consumer
         responses
                      http://jemcaraig.blogspot.com                     16
4. The key to psychological process are the
     following except…

A.   Behavior
B.   Motivation
C.   Perception
D.   Learning
E.   Memory




              http://jemcaraig.blogspot.com    17
5. Drinking coffee can meet the need for social
     relaxation, status, or fun. Coffee brands or coffee
     shops’ name need to be motivationally positioned in
     one of these three appeals. This is an example of
     what theory?


A.   Herzberg’s Theory
B.   Chrysler’s Theory
C.   Maslow’s Theory
D.   Lohas’ Theory
E.   Freud’s Theory




                http://jemcaraig.blogspot.com              18
Motivation


                             MASLOW’S                   HERBERG’S
                             HIERARCHY                 TWO-FACTOR
 FREUD’S THEORY               OF NEEDS                   THEORY
 Behavior is guided by
subconscious motivations
                           Behavior is driven              Behavior is
                              by lowest,              guided by motivating
                             unmet need                and hygiene factors




                      http://jemcaraig.blogspot.com                   19
Motivation: Freud’s Theory

                                    Jan Callebaut identifies
                                     different motives a
                                     product can satisfy.
 FREUD’S THEORY

 Behavior is guided by              Drinking coffee can
subconscious motivations             satisfy the need for
                                     social relaxation,
                                     status, or fun.

                http://jemcaraig.blogspot.com               20
5. Drinking coffee can meet the need for social
     relaxation, status, or fun. Coffee brands or coffee
     shops’ name need to be motivationally positioned in
     one of these three appeals. This is an example of
     what theory?


A.   Herzberg’s Theory
B.   Chrysler’s Theory
C.   Maslow’s Theory
D.   Lohas’ Theory
E.   Freud’s Theory




                http://jemcaraig.blogspot.com              21
6. Before a man seeks security of property or of
     morality, he needs to satisfy his need for food, shelter
     and water first. This is an example of what theory?


A.   Herzberg’s Theory
B.   Maslow’s Theory
C.   Chrysler’s Theory
D.   Freud’s Theory
E.   Lohas’ Theory




                 http://jemcaraig.blogspot.com             22
Motivation


                             MASLOW’S                   HERBERG’S
                             HIERARCHY                 TWO-FACTOR
 FREUD’S THEORY               OF NEEDS                   THEORY
 Behavior is guided by
subconscious motivations
                           Behavior is driven              Behavior is
                              by lowest,              guided by motivating
                             unmet need                and hygiene factors




                      http://jemcaraig.blogspot.com                   23
Maslow’s Theory
                                                 Self-
                                             Actualization
                                                Needs
    Maslow’s
Hierarchy of Needs                          Esteem Needs
                                            (Recognition,
                                               Status)
    Behavior is
 driven by lowest,                      Social Needs (sense of
                                           belonging, love)
    unmet need

                                  Safety Needs (security, protection)



                               Physiological needs (food, water, shelter)



                 http://jemcaraig.blogspot.com                              24
6. Before a man seeks security of property or of
     morality, he needs to satisfy his need for food, shelter
     and water first. This is an example of what theory?


A.   Herzberg’s Theory
B.   Maslow’s Theory
C.   Chrysler’s Theory
D.   Freud’s Theory
E.   Lohas’ Theory




                 http://jemcaraig.blogspot.com             25
7. These Herzberg Theory
     definitions are true, except…

A.   Frederick Herzberg developed a two-factor theory that
     distinguishes dissatisfiers from satisfiers.
B.   Satisfiers are the factors that cause satisfaction; dissatisfiers
     are the factors that cause dissatisfaction.
C.   The absence of dissatisfiers is enough to motivate a purchase;
     however, satisfiers can be present.
D.   One implication of Herzberg Theory is sellers should do their
     best to avoid dissatisfiers.
E.   Another implication of Herzberg Theory is the seller should
     identify the major satisfiers or motivators of purchase in the
     market and then supply them.


                  http://jemcaraig.blogspot.com                          26
Herzberg’s Two-Factor Theory


                        Employees
Dissatisfaction                                  Positive
                      not dissatisfied,
     and                                    satisfaction and
                          but not
Demotivation                                  motivation
                         motivated



                  Hygiene             Motivator
                   Factors             Factors



              http://jemcaraig.blogspot.com                    27
Herzberg’s Two-Factor Theory


                        Employees
Dissatisfaction                                  Positive
                      not dissatisfied,
     and                                    satisfaction and
                          but not
Demotivation                                  motivation
                         motivated



                  Hygiene             Motivator
                   Factors             Factors



              http://jemcaraig.blogspot.com                    28
7. These Herzberg Theory
     definitions are true, except…

A.   Frederick Herzberg developed a two-factor theory that
     distinguishes dissatisfiers from satisfiers.
B.   Satisfiers are the factors that cause satisfaction; dissatisfiers
     are the factors that cause dissatisfaction.
C.   The absence of dissatisfiers is enough to motivate a purchase;
     however, satisfiers can be present.
D.   One implication of Herzberg Theory is sellers should do their
     best to avoid dissatisfiers.
E.   Another implication of Herzberg Theory is the seller should
     identify the major satisfiers or motivators of purchase in the
     market and then supply them.


                  http://jemcaraig.blogspot.com                          29
8. _______ is the process by which we select,
     organize, and interpret information inputs to
     create a meaningful picture of the world.

A.   Selection
B.   Organization
C.   Interpretation
D.   Perception
E.   Information




              http://jemcaraig.blogspot.com      30
Perception
                       Selective Attention


                      Selective Retention


                      Selective Distortion


                     Subliminal Perception


    http://jemcaraig.blogspot.com            31
Perception

   In marketing, perceptions are more important
       than the reality, as it is perceptions that
        affect will consumers' actual behavior.




             http://jemcaraig.blogspot.com       32
8. _______ is the process by which we select,
     organize, and interpret information inputs to
     create a meaningful picture of the world.

A.   Selection
B.   Organization
C.   Interpretation
D.   Perception
E.   Information




              http://jemcaraig.blogspot.com      33
9. iPhone 4S has been recently launched by local
     telecommunications companies. Consumers are now
     looking for reading materials, phoning friends, going
     online, and visiting stores to learn about the product.
     This is an example of what stage of the Buying
     Decision Process?

A.   Problem Recognition
B.   Information Search
C.   Evaluation of Alternatives
D.   Purchase Decision
E.   Postpurchase Behavior




                 http://jemcaraig.blogspot.com            34
Buying Decision Process

        Problem Recognition


         Information Search


       Evaluation of Alternatives



         Purchase Decision


       Postpurchase Behavior

      http://jemcaraig.blogspot.com   29
Buying Decision Process

Problem Recognition - The buying process starts when the buyer
   recognizes a problem or need triggered by internal or external
   stimuli.
Information Search - At this level a person simply becomes more
   receptive to information about a product. At the next level, the
   person may enter an active information search: looking for reading
   material, phoning friends, going online, and visiting stores to learn
   about the product.
Evaluation of Alternatives - Consumers will pay the most attention to
   attributes that deliver the sought-after benefits. We can often
   segment the market for a product according to attributes important
   to different consumer groups.


                http://jemcaraig.blogspot.com                      30
Buying Decision Process

Purchase Decision - In the evaluation stage, the consumer
  forms preferences among the brands in the choice set.
  The consumer may also form an intention to buy the
  most preferred brand.

Postpurchase Behavior - After the purchase, the consumer
  might experience dissonance that stems from noticing
  certain disquieting features or hearing favorable things
  about other brands and will be alert to information that
  supports his or her decision.

             http://jemcaraig.blogspot.com             31
9. iPhone 4S has been recently launched by local
     telecommunications companies. Consumers are now
     looking for reading materials, phoning friends, going
     online, and visiting stores to learn about the product.
     This is an example of what stage of the Buying
     Decision Process?

A.   Problem Recognition
B.   Information Search
C.   Evaluation of Alternatives
D.   Purchase Decision
E.   Postpurchase Behavior




                 http://jemcaraig.blogspot.com            38
10. There are four techniques that marketers
     can do to try to convert a low-involvement
     product into one of higher involvement.
     Which technique is not stated by Kotler?

A.   They can use frequent ad repetition, visible
     sponsorships, and vigorous PR to enhance brand
     familiarity.
B.   They can link the product to some involving issue.
C.   They can link the product to some involving personal
     situation.
D.   They might design advertising to trigger strong
     emotions related to personal values or ego defense.
E.   They might add an important feature.


                http://jemcaraig.blogspot.com               39
Low-Involvement Marketing
    Strategies
     MARKETERS’ FOUR TECHNIQUES TO CONVERT LOW-
     INVOLVEMENT PRODUCT TO HIGHER INVOLVEMENT
1. They can link the product to some involving issue.

2. They can link the product to some involving personal situation.

3. They might design advertising to trigger strong emotions related to
personal values or ego defense.

4. They might add an important feature.


                  http://jemcaraig.blogspot.com                      40
Variety-seeking Buying
Behavior



   Marketers can use frequent ad repetition,
    visible sponsorships, and vigorous PR to
            enhance brand familiarity.




           http://jemcaraig.blogspot.com        41
10. There are four techniques that marketers
     can do to try to convert a low-involvement
     product into one of higher involvement.
     Which technique is not stated by Kotler?

A.   They can use frequent ad repetition, visible
     sponsorships, and vigorous PR to enhance brand
     familiarity.
B.   They can link the product to some involving issue.
C.   They can link the product to some involving personal
     situation.
D.   They might design advertising to trigger strong
     emotions related to personal values or ego defense.
E.   They might add an important feature.


                http://jemcaraig.blogspot.com               42
TOP 10 Learning Questions for

 Chapter 6: Analyzing Consumer Markets



              Jem Caraig
          December 16, 2011
   For use in the Marketing Management Class of
           Prof. Remigio Joseph De Ungria


          http://jemcaraig.blogspot.com

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Ch06 Analyzing Consumer Market Caraig

  • 1. TOP 10 Learning Questions for Chapter 6: Analyzing Consumer Markets Jem Caraig December 16, 2011 For use in the Marketing Management Class of Prof. Remigio Joseph De Ungria http://jemcaraig.blogspot.com
  • 2. 1. In the three factors that influence on consumer behavior, which is the factor that exerts the broadest and deepest influence? A. Social Factors B. Cultural Factors C. Subcultural Factors D. Psychological Factors E. Personal Factors http://jemcaraig.blogspot.com 2
  • 3. What Influences Consumer Behavior? Cultural Factors Culture, subculture, and social class are particularly important influences on Consumer behavior. Social Factors Reference groups, family, and social roles and statuses affect our buying behavior. Personal Factors Buyer's age and stage in the life cycle; occupation and economic circumstances; personality and self-concept; and lifestyle and values influence buyer’s decision. http://jemcaraig.blogspot.com 3
  • 4. What Influences Consumer Behavior? Cultural Factors Culture, subculture, and social class are particularly important influences on Consumer behavior. Social Factors Reference groups, family, and social roles and statuses affect our buying behavior. Cultural Factors exert the broadest Personal Factors and deepest Buyer's age and stage in the life cycle; occupation and economic circumstances; influence personality and self-concept; and lifestyle and values influence buyer’s decision. among the three factors http://jemcaraig.blogspot.com 4
  • 5. 1. In the three factors that influence on consumer behavior, which is the factor that exerts the broadest and deepest influence? A. Social Factors B. Cultural Factors C. Subcultural Factors D. Psychological Demand E. Personal Factors http://jemcaraig.blogspot.com 5
  • 6. 2. Which of the following is true? A. Subcultures include family, nationalities, religions and racial groups B. Social Factors include family, nationalities, religions and racial groups C. Subcultures include nationalities, religions, racial groups and geographical regions D. Social Factors include family, reference groups, statuses and racial groups E. None of the above http://jemcaraig.blogspot.com 6
  • 7. Subcultures  Each culture consists of SUBCULTURES include: smaller subcultures that provide more specific NATIONALITIES identification and socialization for their members. When RELIGIONS subcultures grow large and affluent enough, companies RACIAL GROUPS often design specialized marketing programs to serve GEOGRAPHICAL REGIONS them. http://jemcaraig.blogspot.com 7
  • 8. Social Factors  In addition to SOCIAL FACTORS include: cultural factors, social factors REFERENCE FAMILY such as reference GROUPS groups, family, and social roles SOCIAL ROLES STATUSES and statuses affect our buying behavior. http://jemcaraig.blogspot.com 8
  • 9. 2. Which of the following is true? A. Subcultures include family, nationalities, religions and racial groups B. Social Factors include family, nationalities, religions and racial groups C. Subcultures include nationalities, religions, racial groups and geographical regions D. Social Factors include family, reference groups, statuses and racial groups E. None of the above http://jemcaraig.blogspot.com 9
  • 10. 3. __________ is the specific mix of human traits that we can attribute to a particular brand. A. Personal Factors B. Social Roles C. Self-concept D. Lifestyle E. Brand Personality http://jemcaraig.blogspot.com 10
  • 11. Stanford’s Jennifer Aaker researched brand personalities and identified the following traits: Sincerity down-to-earth, honest, wholesome, and cheerful Excitement daring, spirited, imaginative, and up-to-date Competence reliable, intelligent, and successful Sophistication upper-class and charming Ruggedness outdoorsy and tough http://jemcaraig.blogspot.com 10
  • 12. Personality and Self-Concept Personality is a set of distinguishing human psychological traits that lead to relatively consistent and enduring responses to environmental stimuli (including buying behavior). BRAND PERSONALITY is the specific mix of human traits that we can attribute to a particular brand. http://jemcaraig.blogspot.com 11
  • 13. 3. __________ is the specific mix of human traits that we can attribute to a particular brand. A. Personal Factors B. Social Roles C. Self-concept D. Lifestyle E. Brand Personality http://jemcaraig.blogspot.com 13
  • 14. 4. The key to psychological process are the following except… A. Behavior B. Motivation C. Perception D. Learning E. Memory http://jemcaraig.blogspot.com 14
  • 15. Marketer’s task Key Psychological Processes Motivation Perception Learning Memory http://jemcaraig.blogspot.com 15
  • 16. Marketer’s task  to understand what happens in the consumer's consciousness between the arrival of the outside marketing stimuli and the ultimate purchase decisions Key Psychological Processes Motivation Perception Learning Memory •These processes influence consumer responses http://jemcaraig.blogspot.com 16
  • 17. 4. The key to psychological process are the following except… A. Behavior B. Motivation C. Perception D. Learning E. Memory http://jemcaraig.blogspot.com 17
  • 18. 5. Drinking coffee can meet the need for social relaxation, status, or fun. Coffee brands or coffee shops’ name need to be motivationally positioned in one of these three appeals. This is an example of what theory? A. Herzberg’s Theory B. Chrysler’s Theory C. Maslow’s Theory D. Lohas’ Theory E. Freud’s Theory http://jemcaraig.blogspot.com 18
  • 19. Motivation MASLOW’S HERBERG’S HIERARCHY TWO-FACTOR FREUD’S THEORY OF NEEDS THEORY Behavior is guided by subconscious motivations Behavior is driven Behavior is by lowest, guided by motivating unmet need and hygiene factors http://jemcaraig.blogspot.com 19
  • 20. Motivation: Freud’s Theory  Jan Callebaut identifies different motives a product can satisfy. FREUD’S THEORY Behavior is guided by  Drinking coffee can subconscious motivations satisfy the need for social relaxation, status, or fun. http://jemcaraig.blogspot.com 20
  • 21. 5. Drinking coffee can meet the need for social relaxation, status, or fun. Coffee brands or coffee shops’ name need to be motivationally positioned in one of these three appeals. This is an example of what theory? A. Herzberg’s Theory B. Chrysler’s Theory C. Maslow’s Theory D. Lohas’ Theory E. Freud’s Theory http://jemcaraig.blogspot.com 21
  • 22. 6. Before a man seeks security of property or of morality, he needs to satisfy his need for food, shelter and water first. This is an example of what theory? A. Herzberg’s Theory B. Maslow’s Theory C. Chrysler’s Theory D. Freud’s Theory E. Lohas’ Theory http://jemcaraig.blogspot.com 22
  • 23. Motivation MASLOW’S HERBERG’S HIERARCHY TWO-FACTOR FREUD’S THEORY OF NEEDS THEORY Behavior is guided by subconscious motivations Behavior is driven Behavior is by lowest, guided by motivating unmet need and hygiene factors http://jemcaraig.blogspot.com 23
  • 24. Maslow’s Theory Self- Actualization Needs Maslow’s Hierarchy of Needs Esteem Needs (Recognition, Status) Behavior is driven by lowest, Social Needs (sense of belonging, love) unmet need Safety Needs (security, protection) Physiological needs (food, water, shelter) http://jemcaraig.blogspot.com 24
  • 25. 6. Before a man seeks security of property or of morality, he needs to satisfy his need for food, shelter and water first. This is an example of what theory? A. Herzberg’s Theory B. Maslow’s Theory C. Chrysler’s Theory D. Freud’s Theory E. Lohas’ Theory http://jemcaraig.blogspot.com 25
  • 26. 7. These Herzberg Theory definitions are true, except… A. Frederick Herzberg developed a two-factor theory that distinguishes dissatisfiers from satisfiers. B. Satisfiers are the factors that cause satisfaction; dissatisfiers are the factors that cause dissatisfaction. C. The absence of dissatisfiers is enough to motivate a purchase; however, satisfiers can be present. D. One implication of Herzberg Theory is sellers should do their best to avoid dissatisfiers. E. Another implication of Herzberg Theory is the seller should identify the major satisfiers or motivators of purchase in the market and then supply them. http://jemcaraig.blogspot.com 26
  • 27. Herzberg’s Two-Factor Theory Employees Dissatisfaction Positive not dissatisfied, and satisfaction and but not Demotivation motivation motivated Hygiene Motivator Factors Factors http://jemcaraig.blogspot.com 27
  • 28. Herzberg’s Two-Factor Theory Employees Dissatisfaction Positive not dissatisfied, and satisfaction and but not Demotivation motivation motivated Hygiene Motivator Factors Factors http://jemcaraig.blogspot.com 28
  • 29. 7. These Herzberg Theory definitions are true, except… A. Frederick Herzberg developed a two-factor theory that distinguishes dissatisfiers from satisfiers. B. Satisfiers are the factors that cause satisfaction; dissatisfiers are the factors that cause dissatisfaction. C. The absence of dissatisfiers is enough to motivate a purchase; however, satisfiers can be present. D. One implication of Herzberg Theory is sellers should do their best to avoid dissatisfiers. E. Another implication of Herzberg Theory is the seller should identify the major satisfiers or motivators of purchase in the market and then supply them. http://jemcaraig.blogspot.com 29
  • 30. 8. _______ is the process by which we select, organize, and interpret information inputs to create a meaningful picture of the world. A. Selection B. Organization C. Interpretation D. Perception E. Information http://jemcaraig.blogspot.com 30
  • 31. Perception Selective Attention Selective Retention Selective Distortion Subliminal Perception http://jemcaraig.blogspot.com 31
  • 32. Perception  In marketing, perceptions are more important than the reality, as it is perceptions that affect will consumers' actual behavior. http://jemcaraig.blogspot.com 32
  • 33. 8. _______ is the process by which we select, organize, and interpret information inputs to create a meaningful picture of the world. A. Selection B. Organization C. Interpretation D. Perception E. Information http://jemcaraig.blogspot.com 33
  • 34. 9. iPhone 4S has been recently launched by local telecommunications companies. Consumers are now looking for reading materials, phoning friends, going online, and visiting stores to learn about the product. This is an example of what stage of the Buying Decision Process? A. Problem Recognition B. Information Search C. Evaluation of Alternatives D. Purchase Decision E. Postpurchase Behavior http://jemcaraig.blogspot.com 34
  • 35. Buying Decision Process Problem Recognition Information Search Evaluation of Alternatives Purchase Decision Postpurchase Behavior http://jemcaraig.blogspot.com 29
  • 36. Buying Decision Process Problem Recognition - The buying process starts when the buyer recognizes a problem or need triggered by internal or external stimuli. Information Search - At this level a person simply becomes more receptive to information about a product. At the next level, the person may enter an active information search: looking for reading material, phoning friends, going online, and visiting stores to learn about the product. Evaluation of Alternatives - Consumers will pay the most attention to attributes that deliver the sought-after benefits. We can often segment the market for a product according to attributes important to different consumer groups. http://jemcaraig.blogspot.com 30
  • 37. Buying Decision Process Purchase Decision - In the evaluation stage, the consumer forms preferences among the brands in the choice set. The consumer may also form an intention to buy the most preferred brand. Postpurchase Behavior - After the purchase, the consumer might experience dissonance that stems from noticing certain disquieting features or hearing favorable things about other brands and will be alert to information that supports his or her decision. http://jemcaraig.blogspot.com 31
  • 38. 9. iPhone 4S has been recently launched by local telecommunications companies. Consumers are now looking for reading materials, phoning friends, going online, and visiting stores to learn about the product. This is an example of what stage of the Buying Decision Process? A. Problem Recognition B. Information Search C. Evaluation of Alternatives D. Purchase Decision E. Postpurchase Behavior http://jemcaraig.blogspot.com 38
  • 39. 10. There are four techniques that marketers can do to try to convert a low-involvement product into one of higher involvement. Which technique is not stated by Kotler? A. They can use frequent ad repetition, visible sponsorships, and vigorous PR to enhance brand familiarity. B. They can link the product to some involving issue. C. They can link the product to some involving personal situation. D. They might design advertising to trigger strong emotions related to personal values or ego defense. E. They might add an important feature. http://jemcaraig.blogspot.com 39
  • 40. Low-Involvement Marketing Strategies MARKETERS’ FOUR TECHNIQUES TO CONVERT LOW- INVOLVEMENT PRODUCT TO HIGHER INVOLVEMENT 1. They can link the product to some involving issue. 2. They can link the product to some involving personal situation. 3. They might design advertising to trigger strong emotions related to personal values or ego defense. 4. They might add an important feature. http://jemcaraig.blogspot.com 40
  • 41. Variety-seeking Buying Behavior  Marketers can use frequent ad repetition, visible sponsorships, and vigorous PR to enhance brand familiarity. http://jemcaraig.blogspot.com 41
  • 42. 10. There are four techniques that marketers can do to try to convert a low-involvement product into one of higher involvement. Which technique is not stated by Kotler? A. They can use frequent ad repetition, visible sponsorships, and vigorous PR to enhance brand familiarity. B. They can link the product to some involving issue. C. They can link the product to some involving personal situation. D. They might design advertising to trigger strong emotions related to personal values or ego defense. E. They might add an important feature. http://jemcaraig.blogspot.com 42
  • 43. TOP 10 Learning Questions for Chapter 6: Analyzing Consumer Markets Jem Caraig December 16, 2011 For use in the Marketing Management Class of Prof. Remigio Joseph De Ungria http://jemcaraig.blogspot.com