By: Matt Jorgensen An Le. Charles Duhigg, February 12, 2010 How Companies Learn Your Secrets...
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Transcript of By: Matt Jorgensen An Le. Charles Duhigg, February 12, 2010 How Companies Learn Your Secrets...
![Page 1: By: Matt Jorgensen An Le. Charles Duhigg, February 12, 2010 How Companies Learn Your Secrets (Target) Article focuses on behavioral changes and.](https://reader036.fdocuments.us/reader036/viewer/2022072015/56649eca5503460f94bd85bb/html5/thumbnails/1.jpg)
HOUSEHOLD DECISION MAKING
By: Matt JorgensenAn Le
![Page 2: By: Matt Jorgensen An Le. Charles Duhigg, February 12, 2010 How Companies Learn Your Secrets (Target) Article focuses on behavioral changes and.](https://reader036.fdocuments.us/reader036/viewer/2022072015/56649eca5503460f94bd85bb/html5/thumbnails/2.jpg)
Article
Charles Duhigg, February 12, 2010 How Companies Learn Your Secrets (Target)
Article focuses on behavioral changes and decision making habits that occur from being a single man/woman to married couple with kids.
Why do these changes take place, and at what stages?
![Page 3: By: Matt Jorgensen An Le. Charles Duhigg, February 12, 2010 How Companies Learn Your Secrets (Target) Article focuses on behavioral changes and.](https://reader036.fdocuments.us/reader036/viewer/2022072015/56649eca5503460f94bd85bb/html5/thumbnails/3.jpg)
Family Decisions
Consensual purchase decisions Members agree on the desired purchase Likely to engage in problem solving and
consider alternatives until group goal is found.
Accommodative purchase decisions Group members have different preferences or
priorities and can not agree on a purchase. Likely to use bargaining, coercion, and
compromise to achieve agreement.
![Page 4: By: Matt Jorgensen An Le. Charles Duhigg, February 12, 2010 How Companies Learn Your Secrets (Target) Article focuses on behavioral changes and.](https://reader036.fdocuments.us/reader036/viewer/2022072015/56649eca5503460f94bd85bb/html5/thumbnails/4.jpg)
Family Decisions
4 factors that can cause conflict
Interpersonal need Product Involvement Responsibility Power
Discussion- which factor is most often seen with college roommates?
![Page 5: By: Matt Jorgensen An Le. Charles Duhigg, February 12, 2010 How Companies Learn Your Secrets (Target) Article focuses on behavioral changes and.](https://reader036.fdocuments.us/reader036/viewer/2022072015/56649eca5503460f94bd85bb/html5/thumbnails/5.jpg)
Sex Roles and Decision Making
Autonomic decision: One family member makes a decision
Syncretic decision: decision that involves both partners.
Discussion- which strategy do your parents use when buying a pet, a car, or decorating a room in the house?
![Page 6: By: Matt Jorgensen An Le. Charles Duhigg, February 12, 2010 How Companies Learn Your Secrets (Target) Article focuses on behavioral changes and.](https://reader036.fdocuments.us/reader036/viewer/2022072015/56649eca5503460f94bd85bb/html5/thumbnails/6.jpg)
Children as Decision Makers
Marketing to children starts before birth.
Marketers split up children into 3 markets. Primary Market Influence Market (Parental yielding) Future Market
![Page 7: By: Matt Jorgensen An Le. Charles Duhigg, February 12, 2010 How Companies Learn Your Secrets (Target) Article focuses on behavioral changes and.](https://reader036.fdocuments.us/reader036/viewer/2022072015/56649eca5503460f94bd85bb/html5/thumbnails/7.jpg)
Children as Decision Makers
Another method to segment children is by age.
Measured in terms of cognitive development or their ability to comprehend concepts of increasing complexity.
Swiss psychologist Jean Piaget takes it a step further by identifying 3 segments. Limited Cued Strategic
![Page 8: By: Matt Jorgensen An Le. Charles Duhigg, February 12, 2010 How Companies Learn Your Secrets (Target) Article focuses on behavioral changes and.](https://reader036.fdocuments.us/reader036/viewer/2022072015/56649eca5503460f94bd85bb/html5/thumbnails/8.jpg)
Discussion- Do you think sex roles still influence decision making in a household?
Any impact with a boyfriend or girlfriend?
![Page 9: By: Matt Jorgensen An Le. Charles Duhigg, February 12, 2010 How Companies Learn Your Secrets (Target) Article focuses on behavioral changes and.](https://reader036.fdocuments.us/reader036/viewer/2022072015/56649eca5503460f94bd85bb/html5/thumbnails/9.jpg)
Sources
http://www.nytimes.com/2012/02/19/magazine/shopping-habits.html?_r=2&pagewanted=1&sq=children%20marketing&st=cse&scp=4
Solomon, Michael R. Consumer Behavior. Pearson Custom Business Resources. New York: Pearson Custom Publishing, 2009
www.Target.com