Analyzing Consumer Markets Marketing Management, 13 th ed 6.

22
Analyzing Consumer Markets Marketing Management, 13 th ed 6

Transcript of Analyzing Consumer Markets Marketing Management, 13 th ed 6.

Page 1: Analyzing Consumer Markets Marketing Management, 13 th ed 6.

Analyzing Consumer Markets

Marketing Management, 13th ed

6

Page 2: Analyzing Consumer Markets Marketing Management, 13 th ed 6.

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What Influences Consumer Behavior?

Cultural FactorsCultural Factors

Social FactorsSocial Factors

Personal FactorsPersonal Factors

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What is Culture?

Culture is the fundamental determinant of a person’s wants and behaviors

acquired through socialization processes with family and other key

institutions.

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Subcultures

Nationalities Nationalities

ReligionsReligions

Racial groupsRacial groups

Geographic regionsGeographic regions

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David’s Bridal Targets the Latino Sub-Culture with its Collection of

Quinceañera Dresses

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Social Classes

Upper uppersLower uppersUpper middlesMiddle class

Working classUpper lowersLower lowers

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Characteristics of Social Classes

• Within a class, people tend to behave alike

• Social class conveys perceptions of inferior or superior position

• Class may be indicated by a cluster of variables (occupation, income, wealth)

• Class designation is mobile over time

Page 8: Analyzing Consumer Markets Marketing Management, 13 th ed 6.

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Social Factors

Referencegroups

Social roles

Statuses

Family

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Reference Groups

Membership groupsMembership groups

Primary groupsPrimary groups

Secondary groupsSecondary groups

Aspirational groupsAspirational groups

Dissociative groupsDissociative groups

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Family Distinctions Affecting Buying Decisions

• Family of Orientation• Family of Procreation

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Roles and Status

What degree of status is associated with various occupational roles?

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Personal Factors

Age

Values

Life cyclestage

Occupation

Personality

Self-concept

Wealth

Lifestyle

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The Family Life Cycle

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Table 6.2 LOHAS (Lifestyles of Health and Sustainability) Market Segments

• Sustainable Economy

• Healthy Lifestyles

• Ecological Lifestyles

• Alternative Health Care

• Personal Development

Page 15: Analyzing Consumer Markets Marketing Management, 13 th ed 6.

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Figure 6.1 Model of Consumer Behavior

Page 16: Analyzing Consumer Markets Marketing Management, 13 th ed 6.

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Key Psychological Processes

Motivation

MemoryLearning

Perception

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Maslow’s Hierarchy of Needs

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Perception

Selective Attention

Subliminal Perception

Selective Retention

Selective Distortion

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Figure 6.4 Consumer Buying Process

Problem Recognition

Information Search

Evaluation

Purchase Decision

PostpurchaseBehavior

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Sources of Information

Personal

ExperientialPublic

Commercial

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Figure 6.5 Successive Sets Involved in Consumer Decision Making

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Figure 6.6 Stages between Evaluation of Alternatives and Purchase