Survey
* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project
6 Analyzing Consumer Markets Marketing Management, 13th ed Housekeeping Housekeeping • Class Monitor is Mohammad, make sure he has your e-mail/phone number • [email protected] • The Mid-term exam will be on the Saturday of Week 6. Timing 10h00 (sorry !) • Weekly Group Assignment Marks will be given towards the end of the Semester to enable Standards Norming. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-3 Group Names & Strap Lines Group Name Strap Line Reference 4-in-1 Choice of all ! Freddy, Kenith, Shirley & Keat Fantastic 3 Deadly Smart ! Amirali, Yeong & Lulu Optimus-Prime Do or Die ! aHeaders Creating future today and not tomorrow Fiona, Halim, Mohammad & Osama Nameless No Name Just Value Donald, Samantha & Diana Fun Ball The Winning Excitement Amir, Lance, Mina & Wilson The Swish Endeavour, Endurance, Excellence Hazmin, Farez, Anwar & Khairil Yuniiku Unlike Others.. Cash Never Try, Never Know Nashran, Hafidz, Hakimi & Shervin Harina, Jafar, Saleh, Amelia Gan Asma, Jane, Roy & Khalid Copyright © 2009 Pearson Education, Inc. Publishing Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall as Prentice Hall 6-4 Group Names & Case Allocation Group Name Case/Article Nameless Marketing Myopia aHeaders Movie Test Audiences CASH Marketing to Older Adults Optimus Prime Online Music Distbn. Fun Ball Market Segmentation 4-in-1 Exclusive Brands FREE ? External Search FREE ? Easy Cinema The Swish Price & Brand Name Fantastic 3 FCUK Yuniiku e- Marketing Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-5 Key Questions • How do consumer characteristics influence buying behaviour? • What major psychological processes influence consumer responses to the marketing program? • How do consumers make purchasing decisions? • How do marketers analyse consumer decision making? Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-6 What Influences Consumer Behavior? Cultural Factors Social Factors Personal Factors Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-7 Subcultures Nationalities Religions Racial groups Geographic regions Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-8 Social Factors Reference groups Family Social roles Statuses Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-9 Reference Groups Membership groups Primary groups Secondary groups Aspirational groups Dissociative groups Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-10 Personal Factors Age Selfconcept Life cycle stage Lifestyle Occupation Values Wealth Personality Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-11 Brand Personality Sincerity Excitement Competence Sophistication Ruggedness Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-12 Figure 6.1 Model of Consumer Behaviour Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-13 Key Psychological Processes Motivation Perception Learning Memory Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-14 Motivation Freud’s Theory Maslow’s Hierarchy of Needs Herzberg’s Two-Factor Theory Behavior is guided by subconscious motivations Behavior is driven by lowest, unmet need Behavior is guided by motivating and hygiene factors Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-15 Maslow’s Hierarchy of Needs Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-16 Herzberg’s Two-Factor Theory Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-17 Perception Selective Attention Selective Retention Selective Distortion Subliminal Perception Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-18 Figure 6.4 Consumer Buying Process Problem Recognition Information Search Evaluation Purchase Decision Postpurchase Behavior Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-19 Figure 6.5 Successive Sets Involved in Consumer Decision Making Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-20 Table 6.4 A Consumer’s Evaluation of Brand Beliefs About Laptops Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-21 Figure 6.6 Stages between Evaluation of Options and Purchase Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-22 Perceived Risk Functional Physical Financial Social Psychological Time Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-23 Figure 6.7 How Customers Use and Dispose of Products Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-24