* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download A Framework for Consumer Analysis
Market segmentation wikipedia , lookup
Multi-level marketing wikipedia , lookup
Viral marketing wikipedia , lookup
Marketing communications wikipedia , lookup
Visual merchandising wikipedia , lookup
Guerrilla marketing wikipedia , lookup
Marketing research wikipedia , lookup
Digital marketing wikipedia , lookup
Food marketing wikipedia , lookup
Street marketing wikipedia , lookup
Marketing plan wikipedia , lookup
Target audience wikipedia , lookup
Marketing mix modeling wikipedia , lookup
Target market wikipedia , lookup
Youth marketing wikipedia , lookup
Direct marketing wikipedia , lookup
Global marketing wikipedia , lookup
Integrated marketing communications wikipedia , lookup
Advertising campaign wikipedia , lookup
Marketing strategy wikipedia , lookup
Multicultural marketing wikipedia , lookup
Green marketing wikipedia , lookup
Marketing channel wikipedia , lookup
Neuromarketing wikipedia , lookup
Chapter 2 A Framework for Consumer Analysis McGraw-Hill/Irwin Copyright © 2005 by The McGraw-Hill Companies, Inc. All rights reserved. Three Elements for Consumer Analysis 2-3 Three Elements for Consumer Analysis cont. – Consumer affect and cognition • Affect – Refers to feelings about stimuli and events – Responses can be favorable or unfavorable – Responses can vary in intensity • Cognition – Refers to thinking – Mental structures and processes involved in thinking, understanding, and interpreting stimuli and events – Aspects of cognition are both conscious and automatic 2-4 Three Elements for Consumer Analysis cont. – Relationships among affect and cognition, behavior, and the environment • Each of the three elements can be either a cause or an affect on a change in one or more of the other elements • Reciprocal system 2-5 Three Elements for Consumer Analysis cont. • Five implications to viewing consumer processes – Any comprehensive analysis must consider all three elements and the relationships among them – Any of the three elements may be the starting point for consumer analysis – View is dynamic and recognizes that consumers can continuously change – Consumer analysis can be applied at several levels – This framework highlights the importance of consumer research and analysis in developing marketing strategies 2-6 Three Elements for Consumer Analysis cont. 2-7 Three Elements for Consumer Analysis cont. • Consumer research and analysis should not end when a strategy has been implemented • Marketing strategy should involve a continuous process 2-8 Marketing Strategy • A set of stimuli placed in a consumers’ environment designed to influence their affect, cognition, and behavior • Wheel of Consumer Analysis 2-9 Marketing Strategy 2-10 Marketing Strategy cont. – Framework is constantly rotating with changes in consumer and marketing strategy – Why marketing strategy is treated as the hub of the wheel • Marketing strategies should be designed to both influence consumers and be influenced by them 2-11 Levels of Consumer Analysis • Wheel of Consumer Analysis can aid in understanding different levels – Societies – Industries – Market segments – Individual consumers 2-12 Summary • Overall framework for the analysis of consumer behavior was provided • Described a general approach to developing marketing strategies intended to influence consumers’ affect and cognition, behavior, and environments • Belief that framework can aid in understanding the many complexities of consumer behavior 2-13