Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Chapter 2.
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Transcript of Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Chapter 2.
Advertising and Sales Promotion
©2013 Cengage Learning. All Rights Reserved.
Consumer Behavior
Chapter 2
Advertising and Sales Promotion
©2013 Cengage Learning. All Rights Reserved.
CHAPTER 2
2
Consumer Behavior
2.1 The Consumer Is in Charge2.2 Consumer Purchase Classifications2.3 Influences on Consumer Behavior
Advertising and Sales Promotion
©2013 Cengage Learning. All Rights Reserved.
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2.1 The Consumer Is in Charge
GoalsRecognize the importance of understanding the
customer’s wants and needs.Identify the five-step consumer decision-making
process
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Termsconsumer behavior – the way consumers make
buying decisions, choose among alternative and used products
Need – anything you require for survivalWant – something you desire but could live
without
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Termsroutine decision making – the consumer decision-
making process for frequently purchased, low-cost products that require little thought
limited decision making – the consumer decision-making process in which a moderate amount of time is pent collecting and comparing information about an unfamiliar product or brand.
extensive decision making – the methodical consumer decision-making process used to buy an infrequently purchased product
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Understanding the Customer
Identifying consumer needs and wantsScarcity – limited product and services
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Maslow’s Hierarchy of Needs Pyramid
Self-Actualization(to realize your potential)
Esteem(respect and recognition)
Social(friends, love, belonging
Security(physical safety and economic security)
Physiological(food, sleep, water, shelter, air)
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So Many Different Decisions Consumer decision-making process
Recognize the problem – 1st step occurs when the consumer recognizes a need, desire or problem
Search for information – gathers information about alternative solutions. Evaluate alternatives – summarizing, comparing and ranking the alternatives. Make the purchase – make a purchase when an appropriate option has been
identified. Evaluate the purchase – decides whether the purchase met their
expectations and satisfied the need.
Types of consumer decision making Routine decision making Limited decision making Extensive decision making
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Check Point1. What is the difference between a need and a want?2. Why should marketers be concerned about the
consumer decision-making process? 3. Do you think advertising influences consumer needs
and wants? Explain your answer? 4. Write a post-purchase evaluation for a recent
purchase. Evaluation should describe your product expectations and your satisfaction or dissatisfaction with the purchase.
5. Describe an advertisement that focuses on a want and an advertisement that focuses on a need.
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2.2 Consumer Purchase Classifications
GoalsDistinguish between types of consumer purchases
and recognize the level of consumer involvement in buying decisions.
Describe different types of consumer products.
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Termconvenience products – types of products that are
purchased regularly without much planning. shopping products – types of products that
consumers want to own after they meet personal needs.
specialty products – types of products that have a strong brand loyalty
unsought products – types of products that are not actively sought out by consumers
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The Buying DecisionNew purchase – buying a product for the first
time Modified purchase – consumer realize that the
product they purchased in the past did not totally meet their current needs. The consumer identify the product changes or improvements needed and will purchase to meet their new specifications.
Repeat purchase – purchasing the same products and services over and over again.
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The Buying DecisionConsumer involvement in buying decisions
Past experience – low level of involvement in making the buying decision
Interests – increase the level of involvement in buying decision. (spend more time shopping)
Perceived risk – become more involved in the buying process. (example: high priced item can result in financial risk)
Circumstances – consumer involved in the buying process. (example: special occasions)
Self-image – consumer wants to make a statement or reinforce their image by purchasing a certain product, the buying decision becomes more relevant (example: designer clothing, luxury cars.)
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Types of Products
Convenience productsStaple productsImpulse productsEmergency products
Shopping productsSpecialty productsUnsought products
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Check Point
1. What are some reasons for a modified purchase?
2. What is an effective strategy for selling shopping products? (give an example of an Ad)
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2.3 Influences on Consumer Behavior
GoalsDiscuss consumer buying motives.Describe individual, social, and marketing
influences on consumer behavior.
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Termsbuying motives – the driving forces that cause consumers to buy
products and services emotional motives – reasons to make a purchase based on
feelings, beliefs, or attitudes. rational motives – reasons to make a purchase based on facts or
logic. patronage motives – reasons to make a purchase based on
loyalty. Culture – the shared attitudes and behaviors of a specific social
group. reference group – an organization or group of people that an
individual identifies with and admires. advertising campaign – a series of related advertisements with a
common Theme or idea that focuses on a specific product, service, brand or message.
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Buying Motives
Emotional motives – buying things that they know
Rational motives – buying based on factsPatronage motives – buying based on loyalty
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Factors Influencing ConsumerBuying DecisionsIndividual influences
Personality – set of emotions, traits, and behaviors that define an individual
Gender – man or woman Age Culture – shared attitudes and behaviorsEthnicity – shared identity
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Factors Influencing ConsumerBuying DecisionsSocial influencesMarketing influences
Advertising influences – series of related advertisements with a common theme or idea
Promotional influences – create a favorable image of its products or services
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Check Point
1. How do buying motives affect consumer purchases?
2. What personal characteristics might influence a consumer’s buying decision?
3. Describe a cultural influence that impacts your buying decisions?