This document provides an overview of multi-attribute attitude models in consumer behavior. It defines attitudes and their components (cognitive, affective, behavioral). It describes Fishbein's multi-attribute model which measures beliefs about product attributes, evaluations of attributes, and an overall attitude score. It also discusses the attitude-toward-object model, attitude-toward-behavior model, and theory of reasoned action model; all of which examine how beliefs, attitudes, and social norms influence behavioral intentions and actions.
Role of Opinion leaders in consumer behaviour Vijyata Singh
Opinion Leadership is the process by which one person (opinion leader) informally influences the actions or attitudes of others, who may be opinion seekers or merely opinion recipients
Role of Opinion leaders in consumer behaviour Vijyata Singh
Opinion Leadership is the process by which one person (opinion leader) informally influences the actions or attitudes of others, who may be opinion seekers or merely opinion recipients
This presentation is an introduction to the role of IMC in marketing.
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Brand management is the analysis and planning on how that brand is perceived in the market. Developing a good relationship with the target market is essential for brand management. Tangible elements of brand management include the product itself; look, price, the packaging, etc. The intangible elements are the experience that the consumer has had with the brand, and also the relationship that they have with that brand.Brand management is a function of marketing that uses special techniques in order to increase the perceived value of a product
Personality and self concept- Studying Consumer Behaviour Nupur Agarwal
Personality and Self Concept are important parameters while studying consumer behaviour. It helps us understand the market behavioural pattern and trends.
Consumer perception the base for decision making. People make decisions instantly within 20 seconds about other person, yet when it comes to product they take more time. If the perception tone is set right by the companies consumer will not have any confusions. This presentation explores the ways and means of consumer perception and ends with the application of perception at large by organizations around the globe.
Consumer Attitude Formation and change
Attitude
What Are Attitudes?
Structural Models of Attitudes
Tricomponent Attitude Model
Multiattribute Attitude Models
A Simplified Version of the Theory of Reasoned Action
Theory of Trying to Consume
Attitude-Toward-the-Ad Model
Changing the Basic Motivational Function
Elaboration Likelihood Model (ELM)
A complete information is given starting from the meaning of personality to its theories to its relation to marketing.
How consumers' personality affect in their buying habit and everything related is explained.
Consumer behaviour is the study of how individual customers, groups or organizations select, buy, use, and dispose ideas, goods, and services to satisfy their needs and wants. It refers to the actions of the consumers in the marketplace and the underlying motives for those actions.
This presentation is an introduction to the role of IMC in marketing.
Want more FREE resources? Checkout the B2B Whiteboard youtube channel:
www.youtube.com/b2bwhiteboard
Or join us on Facebook today: www.facebook.com/b2bwhiteboard
Brand management is the analysis and planning on how that brand is perceived in the market. Developing a good relationship with the target market is essential for brand management. Tangible elements of brand management include the product itself; look, price, the packaging, etc. The intangible elements are the experience that the consumer has had with the brand, and also the relationship that they have with that brand.Brand management is a function of marketing that uses special techniques in order to increase the perceived value of a product
Personality and self concept- Studying Consumer Behaviour Nupur Agarwal
Personality and Self Concept are important parameters while studying consumer behaviour. It helps us understand the market behavioural pattern and trends.
Consumer perception the base for decision making. People make decisions instantly within 20 seconds about other person, yet when it comes to product they take more time. If the perception tone is set right by the companies consumer will not have any confusions. This presentation explores the ways and means of consumer perception and ends with the application of perception at large by organizations around the globe.
Consumer Attitude Formation and change
Attitude
What Are Attitudes?
Structural Models of Attitudes
Tricomponent Attitude Model
Multiattribute Attitude Models
A Simplified Version of the Theory of Reasoned Action
Theory of Trying to Consume
Attitude-Toward-the-Ad Model
Changing the Basic Motivational Function
Elaboration Likelihood Model (ELM)
A complete information is given starting from the meaning of personality to its theories to its relation to marketing.
How consumers' personality affect in their buying habit and everything related is explained.
Consumer behaviour is the study of how individual customers, groups or organizations select, buy, use, and dispose ideas, goods, and services to satisfy their needs and wants. It refers to the actions of the consumers in the marketplace and the underlying motives for those actions.
Consumer attitude towards consumer behaviourArun Gupta
Attitude, nature of attitude, factors of attitude, consumer attitude, components of attitude, structural models of attitude, issues in formation of attitude, conclusion
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2. Definition and Meaning of Consumer
Attitude
As Schiffman has defined, “Attitudes are an
expression of inner feelings that reflect
whether a person is favorably or unfavorably
predisposed to some "object" (e.g., a brand, a
service),” and “Attitude formation, in turn, is
the process by which individuals form feelings
or opinions toward other people, products,
ideas, activities, and other objects in their
environment”
3. • In terms of consumer behavior, an attitude is
reflective of a consistent favorable or unfavorable
feeling that a consumer or a prospect forms as a
result of an evaluation about an object; the
object being, a product/service offering, brand,
price, store and dealer, salesperson,
advertisement, promotion etc. As Schiffman puts
it, it is “a learned predisposition to behave in a
consistently favorable or unfavorable way based
on feelings and opinions that result from an
evaluation of knowledge about the object”.
4. NATURE OF ATTITUDES:
• Consumer attitude can be better explained by
understanding the nature and characteristics
of attitude.
• Attitudes are composed of three components
i. Knowledge or cognitive component(learned
from interaction)
ii. Feeling and affect component (reflect in
evaluation-favour/disfavour)
iii. Behavioral and conative component.(act)
5. • The knowledge component is reflected in the
learned knowledge that a consumer obtains from
his interaction with others as well as his own
experiences.
• The feeling component is reflected in his
evaluation, and the resultant feeling of
favorableness and unfavorableness.
• The behavioral component is reflected in the
predisposition to act (purchase) based on the
evaluation. Based on this explanation, the nature
of attitudes can be elaborated as follows:
6. Function of attitude
• Apart form helping a consumer make evaluations
about a product/service offering ending up in
purchase decisions (to buy/not to buy), attitudes
play other functions as well.
• They perform four basic functions
i. utilitarian function,
ii. ego defensive function,
iii. value expressive function,
iv. knowledge function.
7. Function of attitude contd..
• Utilitarian function: Consumers form positive
attitudes towards product/service offerings
because they provide a utility.
• Ego defensive function: Consumers form
attitudes as they help defend their ego, self-
image and self-concept. If a consumer is high on
ethnocentrism, and patronizes Indian products,
he would have a positive attitude towards Indian
brands. He would speak for and promote such
brands even if he knows that a foreign made
product provides better value. Attitudes are
formed to protect the ego
8. • Value expressive function: Positive attitudes are
formed when a product or service expresses a
person's values and lifestyle, personality and self
image, and self concept.
• In cases where there is a mismatch between the
product image and a consumer’s self-image, a
negative attitude is developed. Attitudes are a
reflection of value.
9. Examples
• - Mercedes Benz, a car for the CEO or for the
successful businessman.
• -Dove soap depicts softness and
sophistication.
• -Raymond's, a complete man, style and
sophistication.
10. • Knowledge function: Attitudes are formed when
consumers want to reaffirm their knowledge
base, to finally help them simplify purchase
decision making. If a consumer thinks positive
about a brand, it helps reaffirm his opinion, and
makes decision making simpler and faster.
Attitudes helps in decision making
• Such products that structure knowledge and
reaffirm it; they provide conformance, certainty
and reliability
12. STRUCTURAL MODELS OF ATTITUDES
• Among the various models, the more
researched upon and commonly used ones
are
I )Tricomponent attitude model
ii)Multiattribute attitude model
iii)Trying-to-consume model
iv)Attitude-toward-the-ad model.
13. The multiattribute attitude models
The multiattribute attitude models state that
a consumer’s attitude towards an attitude
object (product/service offering, brand,
elements of the marketing mix) is a function
of a consumer’s perception and belief of the
key attributes as well as his assessment of the
key attributes.
14. Multi attribute model contains 3specific elements:-
Attributes-attributes are characteristics of the
AO. Researcher always try to find out the
attributes that most consumers use when they
evaluate the AO .
example –college attributes is its scholarly
reputation.
15. Beliefs-
• are the cognition about specific AO
• A belief measure assesses the extent to which the
consumer perceives that a brand possesses a particular
attribute.
• Example – a student might believe that a particular
university is strong academically.
Importance weights
• reflect the relative priority of an attribute to the
consumer.
• example-In college one student might stress research
opportunities ,whereas another might assign greater
weight to athletic programs.
16. • Martin Fishbein and his associates have
proposed a series of models like
a) The attitude-toward-object model
b) The attitude-toward-behavior model
c) The theory-of-reasoned-action model.
17. • a) The Attitude-towards-Object Model: The
attitude-toward-object model states that a
consumer’s attitudes towards a product/service
offering or a brand, is a function of the presence
or absence of certain attributes, and the
corresponding evaluation.
18. Fishbein Model
• The model measures three components of
attitude :-
• Salient beliefs people have about an AO.
• Object attribute linkages or the probability
that a particular object has an important
attribute.
• Evaluation of each of the important
attributes.
19. • When we combine these 3 element ,we compute
a consumers overall attitude towards an object .
• The basic formula is:
AJk = ∑ßiJkIik
Where
i= attribute
J= brand
K= consumer
I= the importance weight given attribute I by
consumer k
20. • ß= consumer k’s belief regarding the extent
to which brand j possesses attribute I
• A = a particular consumer’s attitude score for
brand j.
22. The Attitude-towards-Behavior
Model:
• The attitude-toward-behavior model focuses on
the individual’s acts of behavior towards the
attitude object rather than mere affect or feeling
towards the object.
• The premise is that a consumer may have positive
feelings towards an attitude object, but he may
have a negative attitude regarding his intention
for buying such a product/service offering. Thus,
a positive attitude towards the offering may not
necessarily end up as an act of purchase.
23. • For example, let us take the example of a sony
165.1 cm LCD TV. A consumer is aware that a
sony TV would have a bigger screen, and better
audio visual effects. He would also be aware of
the high price, and may decide against the act of
purchase. Either he would not have the money or
he may not think it wise to spend so much of
money for a TV. Thus, while he has positive
feelings and a favorable attitude towards the
product offering, he does not have a positive
feeling to indulge in the act of purchase
24. • The model is depicted in the form of the following equation:
• where Attitude o = the overall measure of affect for or against carrying out an act
of behavior
• bi = the strength of the belief that an ith action will lead to an outcome
• (e.g., the purchase of a Home Theatre would lead to better audio visual impact);
• ei = an evaluation of the ith outcome
• (e.g., the "favorableness" of a bigger screen, better audio visual effects,
unfavorableness of the cost)
• Σ is indicative that there are n salient outcomes over which the b and e
combinations are summated.
• Consumers could tend to have favorable attitudes towards the product/service
offering, but a negative attitude towards the act of purchase (behavior).
25. • The Theory-of-Reasoned-Action Model: The
theory of reasoned action model attempts to
study the impact of i) instances of behavior,
and ii) subjective norms
26. • The model can be explained working backwards from behavior (i.e.
act of purchase of a product/service offering).
• The behavior of a consumer is based on his intention to act, i.e.
overall favorability toward the purchase.
• There are certain factors that lead to an intention to act. These are
the consumer's attitude toward behavior and the subjective norm.
• The consumers’ attitude towards behavior includes the beliefs and
attitudes about specific acts of behavior. Factors underlying attitude
are i) beliefs that the behavior leads to certain outcomes; and ii)
evaluation of the outcome
• (EFFECT OF WHAT WE BELIEVE OTHER PEOPLE THINK WE SHOULD
DO. )
28. • Factors underlying the subjective norm are i) the beliefs that
specific referents think as to whether the act of behavior should be
performed or not; and ii) motivation to comply with the specific
referents.
• For example, Arjun, a young graduate wants to go to US to do his
MBA. For this he needs to give his GMAT.
• 1. Behavior: Study hard for GMAT.
• 2. Intention: Arjun decides that he would study hard for GMAT
examination.
• - Intention is impacted by:
• a) Consumers attitude towards behavior: Arjun has a positive
attitude towards studying hard.
• b) Subjective norms: Arjun’s parents approve of his decision to go
abroad for further studies.
29. • 3. Consumers attitude towards behavior is impacted by:
• a) Beliefs that the behavior leads to certain outcomes:
Arjun believes that if he studies hard, he will be able to
get a good score at GMAT.
• b) Evaluation of the outcome: A good GMAT score would
get him an admission to a good business school.
• 4. Subjective norms are impacted by:
• i) Beliefs that specific referents think as to whether the act
of behavior should be performed or not: Arjun’s parents
also think that he should study hard.
• ii) Motivation to comply with the specific referents: Arjun
wants to fulfil his parents wishes.
30. • The behavior of a consumer is based on his
intention to act, which is moderated by the
attitude towards behavior and the subjective
norms. These are further impacted by underlying
factors. Thus, the theory of reasoned action is
illustrative of attitude components that are
interrelated to each other. Intention precedes
actual behavior; beliefs and attitudes as well as
subjective norms precede intention; The theory
emphasizes that attitudes are linked to behavior
indirectly, via intention