Consumer Behavior. Consumer Behavior. edition. edition. Leon G. Schiffman Joseph L. Wisenblit

Size: px
Start display at page:

Download "Consumer Behavior. Consumer Behavior. edition. edition. Leon G. Schiffman Joseph L. Wisenblit"

Transcription

1 Consumer Behavior For these Global Editions, the editorial team at Pearson has collaborated with educators across the world to address a wide range of subjects and requirements, equipping students with the best possible learning tools. This Global Edition preserves the cutting-edge approach and pedagogy of the original, but also features alterations, customization, and adaptation from the North American version. eleventh edition Pearson Global Edition Schiffman Wisenblit This is a special edition of an established title widely used by colleges and universities throughout the world. Pearson published this exclusive edition for the benefit of students outside the United States and Canada. If you purchased this book within the United States or Canada, you should be aware that it has been imported without the approval of the Publisher or Author. Global edition Global edition Global edition ISBN-13: ISBN-10: Consumer Behavior eleventh edition Leon G. Schiffman Joseph L. Wisenblit

2

3 Consumer Behaviour, Global Edition Cover Title Page Contents Preface PART I Consumers, Marketers, and Technology 1 Technology-Driven Consumer Behavior The Marketing Concept Consumer Research Market Segmentation, Targeting, and Positioning The Marketing Mix Socially Responsible Marketing Technology Enriches the Exchange Between Consumers and Marketers Consumers Have Embraced Technology Behavioral Information and Targeting Interactive and Novel Communication Channels Customizing Products and Promotional Messages Better Prices and Distribution Customer Value, Satisfaction, and Retention Customer Retention Technology and Customer Relationships Emotional Bonds versus Transaction-Based Relationships Customer Loyalty and Satisfaction Customer Loyalty and Profitability Measures of Customer Retention Internal Marketing Consumer Behavior Is Interdisciplinary Consumer Decision-Making The Structure of This Book 2 Segmentation, Targeting, and Positioning Market Segmentation and Effective Targeting Identifiable Sizeable Stable and Growing Reachable Congruent with the Marketers Objectives and Resources Applying the Criteria Bases for Segmentation

4 Demographics Age Gender Families and Households Social Class Ethnicity Geodemographics Green Consumers Personality Traits Psychographics, Values and Lifestyles Benefit Segmentation Media-Based Segmentation Usage Rate Segmentation Usage Occasion Segmentation Behavioral Targeting Tracking Online Navigation Geographic Location and Mobile Targeting Purchase Behavior The Information Arms Race Positioning and Repositioning Umbrella Positioning Premier Position Positioning against Competition Key Attribute Un-Owned Position Repositioning Perceptual Mapping CASE ONE: Porsche PART II The Consumer as an Individual 3 Consumer Motivation and Personality The Dynamics of Motivation Needs Goals Need Arousal Selecting Goals Needs and Goals Are Interdependent Needs Are Never Fully Satisfied New Needs Emerge as Old Ones Are Satisfied Success and Failure Influence Goals Frustration and Defense Mechanisms Systems of Needs Murrays List of Psychogenic Needs Maslows Hierarchy of Needs

5 Physiological Needs Safety Needs Social Needs Egoistic Needs Need for Self-Actualization Evaluation of Maslows Theory Marketing Applications of Maslows Theory A Trio of Needs Power Affiliation Achievement The Measurement of Motives Self-Reporting Qualitative Research Motivational Research The Nature and Theories of Personality The Facets of Personality Personality Reflects Individual Differences Personality Is Consistent and Enduring Personality May Change Theories of Personality Freudian Theory Neo-Freudian Personality Theory Trait Theory Personality Traits and Consumer Behavior Consumer Innovators and Innovativeness Dogmatism Social Character: Inner- versus Other-Directedness Need for Uniqueness Optimum Stimulation Level Sensation Seeking Variety and Novelty Seeking Need for Cognition Visualizers versus Verbalizers Consumer Materialism Fixated Consumption Compulsive Consumption Consumer Ethnocentrism Personality and Color Product and Brand Personification Product Personality and Gender Product Personality and Geography Website Personality The Self and Self-Image The Extended Self Altering the Self 4 Consumer Perception The Elements of Perception

6 Sensory Input The Absolute Threshold Ambush Marketing Experiential Marketing The Differential Threshold The JNDs Implications for Product Pricing and Improvement The JNDS Implications for Logos and Packaging Subliminal Perception Perceptual Selection The Stimulus Expectations Motives Selective Perception Perceptual Organization Figure and Ground Obscuring the Distinction Between Figure and Ground Grouping Closure Perceptual Interpretation: Stereotyping Physical Appearance Descriptive Terms First Impressions Halo Effect Consumer Imagery Brand Image Package Image Service Image Perceived Price Perceived Quality Product Quality Service Quality Price/Quality Relationship Store Image and Perceived Quality Manufacturers Image and Perceived Quality Perceived Risk Perceived Risk Varies 5 Consumer Learning The Elements of Consumer Learning Motives Cues Responses Reinforcement

7 Classical Conditioning Associative Learning The Role of Repetition Stimulus Generalization Product Line Extensions Product Form Extensions Family Branding Licensing Instrumental Conditioning Reinforcing Behavior Extinction and Forgetting Customer Satisfaction and Retention Reinforcement Schedules Shaping Massed versus Distributed Learning Observational Learning Information Processing Storing Information Sensory Store Short-Term Store Long-Term Store Information Rehearsal and Encoding Information Retention and Retrieval Cognitive Learning Consumer Involvement and Hemispheric Lateralization Measurements of Consumer Involvement Strategic Applications of Consumer Involvement Hemispheric Lateralization Passive Learning Outcomes and Measures of Consumer Learning Recognition and Recall Measures Brand Loyalty Brand Equity 6 Consumer Attitude Formation and Change Attitudes and Their Formation Consumers Learn Attitudes Sources of Attitude Formation The Role of Personality Factors Attitudes Are Consistent with Behaviors Attitudes Occur within Situations The Tri-Component Attitude Model The Cognitive Component The Affective Component The Conative Component Altering Consumers Attitudes Changing Beliefs about Products

8 Changing Brand Image Changing Beliefs about Competing Brands Multi-Attribute Attitude Models Attitude-Toward-Object Model Adding an Attribute Changing the Perceived Importance of Attributes Developing New Products Attitude-Toward-Behavior Model Theory of Reasoned Action Theory of Trying-to-Consume Attitude-Toward-the-Ad Model Changing the Motivational Functions of Attitudes The Utilitarian Function The Ego-Defensive Function The Value-Expressive Function The Knowledge Function Associating Brands with Worthy Objects or Causes The Elaboration Likelihood Model Cognitive Dissonance and Resolving Conflicting Attitudes Resolving Conflicting Attitudes Assigning Causality and Attribution Theory Self-Perception Attributions Foot-in-the-Door Technique Attributions Toward Others Attributions Toward Objects Analyzing Self-Attributions CASE TWO: Procter & Gamble CASE THREE: Lifebuoy/Unilever Asia Private Limited PART III Communication and Consumer Behavior 7 Persuading Consumers The Communication Process Selective Exposure Psychological Noise Broadcasting versus Narrowcasting Addressable Advertising Designing Persuasive Messages Images and Text Message Framing One-Sided versus Two-Sided Messages Order Effects Persuasive Advertising Appeals

9 Comparative Advertising Fear Appeals Humorous Appeals Wordplay Sexual Appeals Timeliness Appeal Measures of Message Effectiveness 8 From Print and Broadcast Advertising to Social and Mobile Media Targeting Segments versus Eyeballs The Advantages of Impression-Based Targeting Googles Consumer Tracking and Targeting Consumers and Social Media Permissions to Collect Personal and Social Information Social Advertisings Best Practices Social Media Communication Channels Consumers and Mobile Advertising Consumer Response to Mobile Advertising The Advantages and Shortcomings of Mobile Advertising Whats in Store for Consumers? Measuring Medias Advertising Effectiveness Analyzing Website Visits Gauging Influence within Social Network Google Analytics Media Exposure Measures Nielsens Cross-Platform Measurement Traditional Medias Electronic Evolution Newspapers and Magazines Television and Radio Interactive TV Out-of-Home Media Branded Entertainment 9 Reference Groups and Word-of-Mouth Source Credibility and Reference Groups Reference Group Influence Types of Reference Groups Consumption-Related Reference Group Friendship Groups

10 Shopping Groups Virtual Communities Advocacy Groups Factors Affecting Reference Group Influence Conformity Groups Power and Expertise Relevant Information and Experience Product Conspicuousness Personality Characteristics Credibility of Spokespersons, Endorsers, and Other Formal Sources Endorsers and Spokespersons Celebrities Salesperson Credibility Vendor Credibility Medium Credibility Effects of Time on Source Credibility Word-of-Mouth and Opinion Leadership Characteristics of Opinion Leaders Measuring Opinion Leadership Self-Designating Method Sociometric Method Key Informant Method Klout Scores Strategic Applications of Word-of-Mouth Social Networks Brand Communities Weblogs Stimulating Word-of-Mouth Viral Marketing Buzz Agents Managing Negative Rumors Diffusion of Innovations: Segmenting by Adopter Categories Innovators Early Adopters Early Majority Late Majority Laggards Non-Adopters CASE FOUR: Keystone Light/MillerCoors PART IV Consumers in their Social and Cultural Settings 10 The Family and Its Social Standing The Family as a Socialization Agent

11 Parental Styles and Consumer Socialization Consumer Socialization Is Learning Adult and Intergenerational Consumer Socialization The Familys Supportive Roles Economic Well-Being Emotional Support Suitable Family Lifestyles Family Decision-Making and Consumption-Related Roles HusbandWife Decision-Making Childrens Influence on Family Decision-Making Children are Three Markets Measuring Family Decision-Making Family Members Roles The Family Life Cycle Bachelorhood Honeymooners Parenthood Post-Parenthood Dissolution of the Family Life Cycle Nontraditional Families and Non-Family Households Consumer Behavior of Nontraditional Families and Households Advertising to Nontraditional Households Dual Spousal Work Involvement Household Classification System Social Standing and Consumer Behavior Social Class and Social Status Social Class Is Hierarchical and Often Used to Segment Consumers Measuring Social Class Subjective versus Objective Measures Occupation Education Income Multivariable Measures Social Classes Characteristics and Consumer Behavior Upward Mobility Affluent Consumers Middle-Class Consumers Downscale Consumers Clothing, Fashion, and Shopping Saving, Spending, and Credit Card Usage Communications Downward Mobility Geo-Demography and Social Class

12 11 Cultures Influence on Consumer Behavior Cultures Role and Dynamics Cultures Continuous Evolution Cultural Beliefs Reflect Consumers Needs Learning Cultural Values Forms of Learning Enculturation and Acculturation Marketing Influences on Cultural Learning Language and Symbols Rituals Measuring Cultural Values Content Analysis Field Observation Value Measurements Rokeach Values Survey Gordons Surveys of Personal and Interpersonal Values American Core Cultural Values Achievement and Success Time and Activity Efficiency and Practicality Progress Materialism (Comfort and Pleasure) Individualism and Conformity Freedom of Choice Humanitarianism Youthfulness Fitness and Health Green Marketing Ecologically Responsible Consumption 12 Subcultures and Consumer Behavior Culture and Subcultures Nationality and Ethnicity Subcultures Latino (Hispanic) Consumers African American Consumers Asian American Consumers Religious Subcultures Regional Subcultures Generational (Age) Subcultures Generation Z: Persons Born from 1997 to the Present Teens and Tweens

13 Generation Y: Born Between 1980 and 1996 Generation X: Born Between 1965 and 1979 Baby Boomers: Born Between 1946 and 1964 Life after Retirement Older Consumers Cognitive versus Chronological Age Segmenting Older Consumers Older Consumers and Technology Promotional Appeals Targeting Older Consumers Gender Subcultures Consumer Products and Gender Roles Depictions of Women in Media and Advertising Working Women 13 Cross-Cultural Consumer Behavior: An International Perspective Cross-Cultural Analysis and Acculturation Measures of Cross-Cultural Aspects Acculturation Consumer Research Difficulties Localization versus Standardization Product and Service Customization for Local Cultures Linguistic Barriers Promotional Appeals Legal Barriers World Brands versus Local Brands Brand Shares and Extensions Global Marketing Opportunities Spending Power and Consumption Patterns The Growing Global Middle Class The Global Teen Market Cross-Cultural Segmentation CASE FIVE: LG Mobile/LG Electronics MobileComm USA PART V Consumer Decision-making, Marketing Ethics, and Consumer Research 14 Consumer Decision-Making and Diffusion of Innovations Consumer Decision-Making Model Decision-Making: Input Decision-Making: Process Need Recognition

14 Pre-Purchase Search Online versus Traditional Information Search Brand-Sets and Attributes Considered During Evaluation Consumer Decision Rules Decision Rules and Marketing Strategy Incomplete Information and Noncomparable Alternatives Decision-Making: Output Consumer Gifting Behavior Diffusion and Adoption of Innovations Types of Innovations Product Features That Affect Adoption The Adoption Process 15 Marketing Ethics and Social Responsibility The Societal Marketing Concept: Utopia or Reality? Exploitive Marketing Marketing to Children Self-Regulation versus Laws Inspiring Overeating and Irresponsible Spending Manipulative or Uninformative Nutritional Labeling Direct-to-Consumer Pharmaceutical Advertising Crafty Promotional Messages and Techniques Covert Marketing Product Placement: Advertising Embedded within Entertainment False or Misleading Advertising What Is Deceptive? Provocative Marketing Abusing Consumers Privacy Promoting Social Causes Advocating Beneficial and Discouraging Detrimental Conduct Cause-Related Marketing Consumer Ethics Hands-onAssignments 16 Consumer Research Developing Research Objectives Collecting Secondary Data Internal Secondary Data External Secondary Data Government Secondary Data

15 Periodicals and Articles Available from Online Search Services Syndicated Commercial Marketing and Media Research Services Consumer Panels Designing Primary Research Qualitative Research Depth Interviews Focus Groups Discussion Guides Projective Techniques Online Focus Groups The Scope of Quantitative Research Observational Research Experimentation Survey Research Quantitative Research Data Collection Instruments Questionnaires Attitude Scales Customer Satisfaction Measurement Sampling and Data Collection Data Collection Combining Qualitative and Quantitative Research Data Analysis and Reporting Research Findings CASE SIX: Pima Air and Space Museum Endnotes Glossary Company Index A B C D E F G H I J K L M

16 N O P Q R S T U V W X Y Z Name Index A B C D E F G H I J K L M N O P Q R S T V W X

17 Y Z Subject Index A B C D E F G H I J K L M N O P Q R S T U V W X Y

Contents. Part- I: Introduction to Consumer Behavior. Chapter 1 Consumer Research Chapter 2 Segmenting Consumers 22-40

Contents. Part- I: Introduction to Consumer Behavior. Chapter 1 Consumer Research Chapter 2 Segmenting Consumers 22-40 Contents Preface Part- I: Introduction to Consumer Behavior Chapter 1 Consumer Research 3-21 Chapter 2 Segmenting Consumers 22-40 Part - II: Consumer as an Individual Chapter 3 Motivation 43-66 Chapter

More information

Sri Lanka Institute of Marketing Page 1

Sri Lanka Institute of Marketing Page 1 Postgraduate Diploma in Marketing Detailed Syllabus Stage 01 : Diploma in Marketing Subject: Exploring Consumer Behaviour(ECB) Release : January 2018 Course Unit Name: Course Unit Code: Exploring Consumer

More information

Course Guide. Consumer Behaviour and Branding MBIB-CONBEHB-14 MBIB-CONBEHB-14

Course Guide. Consumer Behaviour and Branding MBIB-CONBEHB-14 MBIB-CONBEHB-14 Course Guide MBIB-CONBEHB-14 Year 3 Term B, C or D Type of course: Subject matter Elective course Course coordinators: Lenka van Riemsdijk (term B) E-mail: lenka.vanriemsdijk@hu.nl Elyn Doornenbal (term

More information

Postgraduate Diploma in Marketing December 2016 Examination Exploring Consumer Behaviour (ECB)

Postgraduate Diploma in Marketing December 2016 Examination Exploring Consumer Behaviour (ECB) Postgraduate Diploma in Marketing December 2016 Examination Exploring Consumer Behaviour (ECB) Date: 19 December 2016 Time: 0830 Hrs 1130 Hrs Duration: Three (03) Hrs Total marks for this paper is 100

More information

Consumer Behavior. Buying, Having, and Being. Tenth Edition Global Edition. Michael R. Solomon

Consumer Behavior. Buying, Having, and Being. Tenth Edition Global Edition. Michael R. Solomon Consumer Behavior Buying, Having, and Being Tenth Edition Global Edition Michael R. Solomon Saint Joseph's University and The University of Manchester (U.K.) PEARSON Boston Columbus Indianapolis New York

More information

namibia UniVERSITY OF SCIEnCE AnD TECHnOLOGY Management Sciences 2"d OPPORTUNITY EXAMINATION QUESTION PAPER

namibia UniVERSITY OF SCIEnCE AnD TECHnOLOGY Management Sciences 2d OPPORTUNITY EXAMINATION QUESTION PAPER namibia UniVERSITY OF SCIEnCE AnD TECHnOLOGY Management Sciences Marketing & Logistics (Marketing Section) QUALIFICATION: BACHELOR OF MARKETING QUALIFICATION CODE: 07BMAR LEVEL: NQF LEVEL 7 COURSE: CONSUMER

More information

MARTIN de TOURS SCHOOL OF MANAGEMENT DEPARTMENT OF MARKETING LESSON PLAN MKT3530 CONSUMER BEHAVIOR

MARTIN de TOURS SCHOOL OF MANAGEMENT DEPARTMENT OF MARKETING LESSON PLAN MKT3530 CONSUMER BEHAVIOR MARTIN de TOURS SCHOOL OF MANAGEMENT DEPARTMENT OF MARKETING LESSON PLAN MKT3530 CONSUMER BEHAVIOR MKT3530 CONSUMER BEHAVIOR LESSON PLAN COURSE DESCRIPTION A study of the nature and determinants of consumer

More information

Chapter Five. Consumer Markets and Consumer Buyer Behavior. I t s good and good for you. Chapter 5- slide 1

Chapter Five. Consumer Markets and Consumer Buyer Behavior. I t s good and good for you. Chapter 5- slide 1 I t s good and good for you Chapter Five Consumer Markets and Consumer Buyer Behavior Chapter 5- slide 1 Consumer Markets and Consumer Buyer Behavior Topic Outline Model of Characteristics Affecting Consumer

More information

Communication and Consumer Behaviour

Communication and Consumer Behaviour Study Unit 4 -Topic 2 Communication and Consumer Behaviour Introduction In this presentation, you will learn: How sources of communication are viewed by target audience? The role of media in communication

More information

Principles of Marketing. by Jeff Tanner and Mary Anne Raymond

Principles of Marketing. by Jeff Tanner and Mary Anne Raymond Principles of Marketing by Jeff Tanner and Mary Anne Raymond Chapter 3 Consumer Behavior How People Make Buying Decisions 2010 Flat World Knowledge, Inc. do you buy the you buy? did you on what you bought?

More information

Consumer Markets and Consumer Buyer Behavior. Chapter 6

Consumer Markets and Consumer Buyer Behavior. Chapter 6 Consumer Markets and Consumer Buyer Behavior Chapter 6 Definitions Consumer Buying Behavior Buying behavior of individuals and households that buy products for personal consumption. Consumer Market All

More information

Lecture Guide. Marketing: Essentials 6e

Lecture Guide. Marketing: Essentials 6e Lecture Guide for Cloe - Lascu Marketing: Essentials 6e 489 Slides Written by the textbook authors Use as flash cards for terminology & concept review Use for notes during instructor lectures Affordable:

More information

Consumer Behaviour. )WILEY A John Wiley and Sons, Ltd., Publication. Second Edition. Martin Evans Ahmad Jamal Gordon Foxall

Consumer Behaviour. )WILEY A John Wiley and Sons, Ltd., Publication. Second Edition. Martin Evans Ahmad Jamal Gordon Foxall Consumer Behaviour Second Edition Martin Evans Ahmad Jamal Gordon Foxall )WILEY A John Wiley and Sons, Ltd., Publication PART 1 INDIVIDUAL ASPECTS OF CONSUMER BEHAVIOUR 1 CHAPTER 1 Consumer Motives and

More information

Topic 1: MMK266 Summary Notes. What is Consumer Behaviour? CONSUMER BEHAVIOUR SUMMARY NOTES

Topic 1: MMK266 Summary Notes. What is Consumer Behaviour? CONSUMER BEHAVIOUR SUMMARY NOTES MMK266 Summary Notes Topic 1: What is Consumer Behaviour? Consumer behaviour: Consumer behaviour is defined as the behaviour that consumers undertake in searching for, purchasing, using, evaluating and

More information

Consumer Behavior. Marieke de Mooij (DSAGE. 2nd Edition. Consequences for Global Marketing and Advertising

Consumer Behavior. Marieke de Mooij (DSAGE. 2nd Edition. Consequences for Global Marketing and Advertising 2nd Edition Consumer Behavior Consequences for Global Marketing and Advertising Marieke de Mooij (DSAGE Los Angeles London New Delhi Singapore Washington DC Contents Preface xiii Chapter 1. Consumer Behavior

More information

Department of Marketing and Logistics Marketing Section. Consumer and Organisation Buying Behaviour (CAO712S) TEST 1

Department of Marketing and Logistics Marketing Section. Consumer and Organisation Buying Behaviour (CAO712S) TEST 1 Faculty of Management Sciences Department of Marketing and Logistics Marketing Section Consumer and Organisation Buying Behaviour (CAO712S) DATE: 2 SEPTEMBER 2017 TEST 1 TIME: 0800-1000 HRS (2 HOURS) INSTRUCTIONS

More information

INCLUDES ONLINE BUYING TRENDS. Dinesh Kumar. Formerly Associate Professor (Marketing) at Birla Institute ofmanagement Technology (BIMTECH)

INCLUDES ONLINE BUYING TRENDS. Dinesh Kumar. Formerly Associate Professor (Marketing) at Birla Institute ofmanagement Technology (BIMTECH) Consumer Behaviour INCLUDES ONLINE BUYING TRENDS Dinesh Kumar Formerly Associate Professor (Marketing) at Birla Institute ofmanagement Technology (BIMTECH) OXFORD UNIVERSITY PRESS * I Detailed Contents

More information

Summary of Chapter 8

Summary of Chapter 8 Summary of Chapter 8 Announcement Quiz on the 23rd of May 2 Chapter Five Slide 2 Homework Subject: - Explain Hedonic and Utilitarian products. - Give detailed consumer behaviour characteristics of both

More information

The Impact of Proper Marketing Communication Channels on Consumer s Behavior and Segmentation Consumers

The Impact of Proper Marketing Communication Channels on Consumer s Behavior and Segmentation Consumers The Impact of Proper Marketing Communication Channels on Consumer s Behavior and Segmentation Consumers Tan Kai Hun 1, Rashad Yazdanifard 2 1 Center of Southern New Hampshire University Programs, HELP

More information

Building Marketing Strategy

Building Marketing Strategy Building Marketing Strategy TWELFTH EDITION Del I. Hawkins University of Oregon David L. Mothersbaugh University ofaiabama Project Manager and Ancillaries Linda L Mothersbaugh Integrated Solutions, LLC

More information

CHAPTER 13 MARKETING MANAGEMENT

CHAPTER 13 MARKETING MANAGEMENT CHAPTER 13 MARKETING MANAGEMENT Chapter content Introduction The evolution of marketing thought The marketing concept Defining marketing The components of the marketing process Market research Consumer

More information

Certified Consumer Behavior Analyst VS-1200

Certified Consumer Behavior Analyst VS-1200 Certified Consumer Behavior Analyst VS-1200 Certified Consumer Behavior Analyst Certified Consumer Behavior Analyst Certification Code VS-1200 Vskills certification for Consumer Behavior Analyst assesses

More information

Consumer Audit Report

Consumer Audit Report Consumer Audit Report Dan Hoff The brand/business that I am choosing to audit for this report is Express. They are a midto-high priced clothing store. They specialize in lavish clothes like dress shirts,

More information

K. D.,i ' AN INTEGRATED MARKETING COMMUNICATIONS PERSPECTIVE

K. D.,i ' AN INTEGRATED MARKETING COMMUNICATIONS PERSPECTIVE K. D,i ' AN INTEGRATED MARKETING COMMUNICATIONS PERSPECTIVE DETAILED CONTENTS Part One Introduction to Integrated Marketing Communications 1 AN INTRODUCTION TO INTEGRATED MARKETING COMMUNICATIONS 3 The

More information

Fifth Edition CONSUMER BEHAVIOUR

Fifth Edition CONSUMER BEHAVIOUR Fifth Edition CONSUMER BEHAVIOUR PEARSON Harlow, England London New York Boston San Francisco Toronto -Sydney Auckland Singapore,- _ Hon 8 Kon 8 * Tok y ' Seoul Taipei New Delhi Cap, Town. Sao Pauio Mexico

More information

Vayu Education of India 2/25, Ansari Road, Darya Ganj, New Delhi

Vayu Education of India 2/25, Ansari Road, Darya Ganj, New Delhi Consumer Behaviour Poonam Yadav Assistant Professor B.Tech. MBA Venkateshwara Group of Institution, Meerut. (U.P) Swati Tiwari Assistant Professor BBA, PGDM MIET Meerut, (U.P) AN ISO 9001:2008 CERTIFIED

More information

Chapter 4 & 5 Prospective on consumer behavior & The communication process. By Emran Mohammad (Emd) Mkt 337 (sections 3)

Chapter 4 & 5 Prospective on consumer behavior & The communication process. By Emran Mohammad (Emd) Mkt 337 (sections 3) Chapter 4 & 5 Prospective on consumer behavior & The communication process By Emran Mohammad (Emd) Mkt 337 (sections 3) Consumer behavior Defines as the process and activities people engage in when searching

More information

CARL McDANIEL Department of Marketing University of Texas at Arlington

CARL McDANIEL Department of Marketing University of Texas at Arlington CARL McDANIEL Department of Marketing University of Texas at Arlington CHARLES W. LAMB MJ. Neeley School of Business Texas Christian University JOSEPH F. HAIR, JR. Department of Marketing Kennesaw State

More information

Glossary. This glossary is provided to enable a common understanding of the key terms in the Media Production and Analysis course syllabuses.

Glossary. This glossary is provided to enable a common understanding of the key terms in the Media Production and Analysis course syllabuses. Glossary This glossary is provided to enable a common understanding of the key terms in the Media Production and Analysis course syllabuses. Agenda Setting Audience Profile Audience Reach Auteur Codes

More information

Introduction to Psychology. Lecture no: 43 TRY TO FIND ANSWERS TO THESE QUESTIONS:

Introduction to Psychology. Lecture no: 43 TRY TO FIND ANSWERS TO THESE QUESTIONS: Lecture no: 43 TRY TO FIND ANSWERS TO THESE QUESTIONS: Why do manufacturers advertise their products? Why do advertisers use models in the advertisements? Why do advertisers use cartoons rather than human

More information

Opinion Leadership & Diffusion of Innovations

Opinion Leadership & Diffusion of Innovations Opinion Leadership & Diffusion of Innovations Week 10 Prepared by : W. Rofianto Opinion Leadership The process by which one person (the opinion leader) informally influences the consumption actions or

More information

7. Family is one of the factors that influence consumer behavior. A. social B. personal C. business D. cultural

7. Family is one of the factors that influence consumer behavior. A. social B. personal C. business D. cultural 1. is never simple, yet understanding it is the essential task of marketing management. A. Consumption pioneering B. Brand personality C. Understanding the difference between primary and secondary data

More information

Consumer Behaviour. Synopsis. 1. People as Consumers. 2. Consumer Society. Learning Objectives. Sections. Learning Summary. Learning Objectives

Consumer Behaviour. Synopsis. 1. People as Consumers. 2. Consumer Society. Learning Objectives. Sections. Learning Summary. Learning Objectives Synopsis Consumer Behaviour 1. People as Consumers To place consumption in the context of human behaviour The positivist and interpretivist approaches to its study The concept of real cost The production

More information

Organizationa Behavior and Management

Organizationa Behavior and Management Organizationa Behavior and Management Ninth Edition John M. Ivancevich Hugli Roy and Lillie Cram Cullen Chair and Professor of Organizational Behavior and Management, C. T. Bauer College of Business, University

More information

Customers, Segmentation, and Target Marketing

Customers, Segmentation, and Target Marketing C H A P T E R 5 Customers, Segmentation, and Target Marketing Segmentation and Target Marketing n Concerned with the individuals, institutions, or groups of individuals or institutions that have similar

More information

Measuring Target Marketing as an Influence on Disparities in Obesity

Measuring Target Marketing as an Influence on Disparities in Obesity ALL RIGHTS RESERVED Measuring Target Marketing as an Influence on Disparities in Obesity Sonya A. Grier PHD, MBA American University Presentation to the Institute of Medicine Workshop on Measurement Strategies

More information

Postgraduate Diploma in Marketing June 2013 Examination Exploring Consumer Behavior (ECB)

Postgraduate Diploma in Marketing June 2013 Examination Exploring Consumer Behavior (ECB) Postgraduate Diploma in Marketing June 2013 Examination Exploring Consumer Behavior (ECB) Date: 17 th June 2013 Time: 0900 Hrs 1200 Hrs Duration: Three (03) Hrs Total marks for this paper is 100 marks.

More information

Consumer Decision Making

Consumer Decision Making Nonstock/Jupiterimages Lamb, Hair, McDaniel Consumer Decision Making Chapter 6 Copyright 2012 by Cengage Learning Inc. All rights reserved 1 Cultural Influences on Consumer Buying Decisions Identify and

More information

BARILLA S PRINCIPLES ON RESPONSIBLE FOOD MARKETING

BARILLA S PRINCIPLES ON RESPONSIBLE FOOD MARKETING BARILLA S PRINCIPLES ON RESPONSIBLE FOOD MARKETING May 2018 SCOPE Barilla s brands are the core of the Barilla Company s identity. According to our Code of Ethics, the coherence of products and the quality

More information

CHAPTER SIX Consumer Perception

CHAPTER SIX Consumer Perception CHAPTER SIX Consumer Perception Copyright 2010 Pearson Education, Inc. Learning Objectives 1. To Understand the Sensory Dynamics of Perception. 2. To Learn About the Three Elements of Perception. 3. To

More information

Consumer Behavior, Eighth Edition SCHIFFMAN & KANUK. Chapter 6. Consumer Perception 6-1

Consumer Behavior, Eighth Edition SCHIFFMAN & KANUK. Chapter 6. Consumer Perception 6-1 Consumer Behavior, Eighth Edition SCHIFFMAN & KANUK Chapter 6 Consumer Perception 6-1 Perception The process by which an individual selects, organizes, and interprets stimuli into a meaningful and coherent

More information

Operational Policy CODE OF ADVERTISING STANDARDS 1. STATEMENT

Operational Policy CODE OF ADVERTISING STANDARDS 1. STATEMENT Page 1 of 5 1. STATEMENT The Corporation 1 aims to responsibly and efficiently manage games of chance in a controlled and measured fashion, in the interest of all Quebecers. 2. SCOPE To this end, the Corporation

More information

Communicating Customer Value: Integrated Marketing Communications Strategy

Communicating Customer Value: Integrated Marketing Communications Strategy Communicating Customer Value: Integrated Marketing Communications Strategy Chapter 14 Learning Goals 1. Know the tools of the marketing communications mix. 2. Understand the process and advantages of integrated

More information

CHAPTER 9. Communication and Consumer Behaviour LEARNING OBJECTIVES

CHAPTER 9. Communication and Consumer Behaviour LEARNING OBJECTIVES 216 CHAPTER 9 Communication and Consumer Behaviour LEARNING OBJECTIVES After studying this chapter, students should be able to: 1. Understand the role of the message s source in the communication process.

More information

MMK101 SUMMARY NOTES Marketing Fundamentals Exam Preparation

MMK101 SUMMARY NOTES Marketing Fundamentals Exam Preparation MMK101 SUMMARY NOTES Marketing Fundamentals Exam Preparation LINK TO PROQUEST EBOOK THROUGH DEAKIN PORTAL (Armstrong et al 2017, Principles of Marketing, 7th edition) LO = Learning Objective Word count:

More information

Chapter 2.2 Market Segmentation & Target Market

Chapter 2.2 Market Segmentation & Target Market Chapter 2.2 Market Segmentation & Target Market What You ll Learn: Definition of Market Segmentation Four methods to segment a market Differentiate between Mass Marketing and Segmentation Analyzing Markets

More information

Introduction to Marketing

Introduction to Marketing Introduction to Marketing BA 1090 (3-0, 3 credits) Welcome to the World of Marketing Basic Course Information Instructor Bill Corcoran Room C 408 539-2735 or bcorcoran@gprc.ab.ca Office Hours Before or

More information

Chapter 13. Group and Personal Influences

Chapter 13. Group and Personal Influences Chapter 13 Group and Personal Influences Personal and Group Influence on Individuals High Degree of Influence Personal and Group Influences on Individuals Types of Influence Transmission of Influence Individual

More information

JEFFERSON COLLEGE COURSE SYLLABUS MGT133 ADVERTISING. 3 Credit Hours. Last revised by: Cindy M. Rossi Ph.D. Date: February 19, 2014

JEFFERSON COLLEGE COURSE SYLLABUS MGT133 ADVERTISING. 3 Credit Hours. Last revised by: Cindy M. Rossi Ph.D. Date: February 19, 2014 JEFFERSON COLLEGE COURSE SYLLABUS MGT133 ADVERTISING 3 Credit Hours Last revised by: Cindy M. Rossi Ph.D. Date: February 19, 2014 Minor Revision or Update by: Cindy M. Rossi Ph.D. Date: September 12, 2017

More information

Introduction to Marketing

Introduction to Marketing 5 1 Introduction to Marketing Introduction to Marketing BA 1090 (3 0, 3 credits) Welcome to the World of Marketing Basic Course Information Instructor Bill Corcoran Room E 308 539 2735 or bcorcoran@gprc.ab.ca

More information

The Communications 2012/12/3. Encoding. Prof. Pierre Xiao LU, Fudan University. Animation. Verbal Graphic Musical

The Communications 2012/12/3. Encoding. Prof. Pierre Xiao LU, Fudan University. Animation. Verbal Graphic Musical 0// The Communications Process The Communications Process Prof. Pierre Xiao LU, Fudan University Attractive sources are appropriate for image-related products There are many forms of encoding Encoding

More information

Chapter 2 The Role of IMC in the Marketing Process. Learning Objectives. Learning Objectives

Chapter 2 The Role of IMC in the Marketing Process. Learning Objectives. Learning Objectives Chapter 2 The Role of IMC in the Marketing Process Copyright 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.

More information

Chapter 9. Learning Objectives. Identifying Market Segments and Targets. consumer market into segments? attractive target markets? segmentation?

Chapter 9. Learning Objectives. Identifying Market Segments and Targets. consumer market into segments? attractive target markets? segmentation? Chapter 9 Identifying Market Segments and Targets Copyright 2016 Pearson Education Ltd. 9-1 Learning Objectives 1. In what ways can a company divide the consumer market into segments? 2. How should business

More information

Segmentation, Targeting, and Positioning Figure 7.1. Case Study Procter & Gamble

Segmentation, Targeting, and Positioning Figure 7.1. Case Study Procter & Gamble Chapter 7 Segmentation, Targeting, and Positioning: Building the Right Relationships with the Right Customers Case Study Procter & Gamble Sells multiple brands within the same product category for a variety

More information

Chapter 7 Attitudes and Persuasion

Chapter 7 Attitudes and Persuasion Chapter 7 Attitudes and Persuasion CONSUMER BEHAVIOR, 10e Michael R. Solomon 7-1 Learning Objective 1 It is important for consumer researchers to understand the nature and power of attitudes. 7-2 The Power

More information

MGT502 - Organizational Behaviour Glossary By

MGT502 - Organizational Behaviour Glossary By MGT502 - Organizational Behaviour Glossary By Organizational Behavior : managing people at work Interdisciplinary field dedicated to better understanding and Theory Y : and creative mcgregor's modern and

More information

Chapter Seven. Customer-Driven Marketing Strategy: Creating Value for Target Customers. i t s good and good for you 7-1

Chapter Seven. Customer-Driven Marketing Strategy: Creating Value for Target Customers. i t s good and good for you 7-1 i t s good and good for you Chapter Seven Customer-Driven Marketing Strategy: Creating Value for Target Customers Copyright 2012Pearson Education, Inc. 7-1 Customer-Driven Marketing Strategy: Creating

More information

Lingnan University Department of Marketing & International Business MScMIB Programme 1 st Term MIB501 CONSUMER BEHAVIOUR

Lingnan University Department of Marketing & International Business MScMIB Programme 1 st Term MIB501 CONSUMER BEHAVIOUR Lingnan University Department of Marketing & International Business MScMIB Programme 1 st Term 2015-2016 MIB501 CONSUMER BEHAVIOUR Instructor: Prof. Patrick Poon Email: patpoon@ln.edu.hk Tel: 2616-8235

More information

Focusing the Marketing Mix on the Customer. Fashion consumer and business buyer behavior

Focusing the Marketing Mix on the Customer. Fashion consumer and business buyer behavior Consumer behavior: decision-making process and actions of buyers Recognition of desire or need for a product Search, evaluation, use, and disposal of particular item Diverse options bring marketing challenges

More information

MScMIB Programme Department of Marketing and International Business, Lingnan University 1 st Term MIB501 CONSUMER BEHAVIOUR

MScMIB Programme Department of Marketing and International Business, Lingnan University 1 st Term MIB501 CONSUMER BEHAVIOUR MScMIB Programme Department of Marketing and International Business, Lingnan University 1 st Term 2016-2017 MIB501 CONSUMER BEHAVIOUR Instructor: Prof. Patrick Poon Email: patpoon@ln.edu.hk Tel: 2616-8235

More information

HRSG Sample Marketing Competencies & Profile

HRSG Sample Marketing Competencies & Profile HRSG Sample Marketing Competencies & Profile The recipient of this document acknowledges that HRSG is the owner or the licensee of all intellectual property rights in the material published. Those works

More information

Marketing: Helping Buyers Buy

Marketing: Helping Buyers Buy Chapter Thirteen Marketing: Helping Buyers Buy WHAT S MARKETING? What is Marketing? Marketing -- The activity, set of institutions and processes for creating, communicating, delivering, and exchanging

More information

Chapter 14 Integrated Marketing Communications Strategy Notes

Chapter 14 Integrated Marketing Communications Strategy Notes Chapter 14 Integrated Marketing Communications Strategy Notes The Promotion Mix promotion mix (marketing communications mix) blend of promotion tools (advertising, public relations, personal selling, sales

More information

CONSUMER BEHAVIOUR AND MARKETING STRATEGY

CONSUMER BEHAVIOUR AND MARKETING STRATEGY MARK2051: Consumer Behaviour Study Notes CONSUMER BEHAVIOUR AND MARKETING STRATEGY Marketing strategy: combination of product, price, distribution and promotion most suited to a particular group of consumers.

More information

Consumer Behavior, Ninth Edition Schiffman & Kanuk

Consumer Behavior, Ninth Edition Schiffman & Kanuk Chapter 12 The Influence of Culture on Consumer Behavior MKT 344: Lecturer: NNA Consumer Behavior, Ninth Edition Schiffman & Kanuk Culture The sum total of learned beliefs, values, and customs that serve

More information

Consumer Belief and Attitude. Consumer Attitudes. Origins of Attitudes

Consumer Belief and Attitude. Consumer Attitudes. Origins of Attitudes Consumer Belief and Attitude Consumer Beliefs About Product Attributes Beliefs result from cognitive learning. Beliefs are the knowledge and inferences that a consumer has about objects, their attributes,

More information

Grande Prairie Regional College

Grande Prairie Regional College Grande Prairie Regional College School of Business Department: Business Administration and Commerce COURSE OUTLINE BA 1090 3(3-0-0)UT Introduction to Marketing Instructor Trevor Thomas Phone 539-2824 (office)

More information

Segmentation is taking the entire market and breaking it down into smaller groups that share similar characteristics. This is discussed in more depth

Segmentation is taking the entire market and breaking it down into smaller groups that share similar characteristics. This is discussed in more depth 1 2 3 4 Segmentation is taking the entire market and breaking it down into smaller groups that share similar characteristics. This is discussed in more depth on the next slide. 5 Homogeneous Members of

More information

A COGNITIVE PSYCHOLOGY OF MASS COMMUNICATION

A COGNITIVE PSYCHOLOGY OF MASS COMMUNICATION mi A COGNITIVE PSYCHOLOGY OF MASS COMMUNICATION Third Edition Richard Jackson Harris Kansas State University LAWRENCE ERLBAUM ASSOCIATES, PUBLISHERS 1999 Mahwah, New Jersey London IN BRIEF Preface xv 1

More information

DESIGNING AND MANAGING INTEGRATED MARKETING COMMUNICATIONS

DESIGNING AND MANAGING INTEGRATED MARKETING COMMUNICATIONS DESIGNING AND MANAGING INTEGRATED MARKETING COMMUNICATIONS A. The Role of Marketing Communications B. Developing Effective Communications C. Deciding on the Marketing Communications Mix D. Managing the

More information

Intro to Organizational Behavior and Culture

Intro to Organizational Behavior and Culture Intro to Organizational Behavior and Culture 1.1 Introduction to Organizational Behaviors and Culture 1.2 Organizational Behavior Definition of Organizational Behavior: Organizational Behavior is the study

More information

o 33SDGJ o UBHSH) O OIMEEHEJO SRSliiIl?o

o 33SDGJ o UBHSH) O OIMEEHEJO SRSliiIl?o FT o 33SDGJ o UBHSH) O OIMEEHEJO SRSliiIl?o >u c C ofuemd Guided tour Guided tour of the web site Preface Acknowledgements xx xxii xxiii xxxi aft 1 ^rntroduction to marketina communication^ Introduction

More information

Ethical and Social Issues in Advertising

Ethical and Social Issues in Advertising 13 Ethical and Social Issues in Advertising Ethical customer do no forget bad quality untruthful advertising and being bored with uninteresting advertisement. Many advertisements mislead the customer.

More information

CHAPTER 6 CONSUMER BEHAVIOUR CHAPTER OBJECTIVES

CHAPTER 6 CONSUMER BEHAVIOUR CHAPTER OBJECTIVES CHAPTER 6 CONSUMER BEHAVIOUR CHAPTER OBJECTIVES 1. To explain why consumer behaviour is a central topic in marketing. 2. To provide some simple tools that can be used for thinking about consumers, speculating

More information

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Exam Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Integrated Marketing Communications involves the coordination of all forms of marketing

More information

Chapter 5. Final Consumers and Their Buying Behavior

Chapter 5. Final Consumers and Their Buying Behavior Chapter 5 Final Consumers and Their Buying Behavior Copyright 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.

More information

Detailed Contents. Preface xvii Acknowledgments xxi. PART 1 Introduction Media Literacy Approach Living in the Message- Saturated World 3

Detailed Contents. Preface xvii Acknowledgments xxi. PART 1 Introduction Media Literacy Approach Living in the Message- Saturated World 3 Detailed Contents Preface xvii Acknowledgments xxi PART 1 Introduction 1 1. Living in the Message- Saturated World 3 Message Saturation 4 High Degree of Exposure 5 The Information Problem 6 The Challenge

More information

Smart Research for fresh Communication Designs

Smart Research for fresh Communication Designs Smart Research for fresh Communication Designs Communication design is the packaging and staging of preference-steering brand and product messages. Ideally, communications should be clear and simple but

More information

CHAPTER 13 Building Customer Relationships

CHAPTER 13 Building Customer Relationships Part 4 Focusing on the Customer: Marketing Growth Strategies CHAPTER 13 Building Customer Relationships Longenecker Moore Petty Palich 2008 Cengage Learning. All rights reserved. PowerPoint Presentation

More information

6. MARKETING CONCEPTION A PHILOSOPHY OF BUSINESS, CUSTOMERS AND CONSUMERS, MARKETING AND SELLING, PRODUCT DEVELOPMENT PROCESS - STRATEGY, TACTICS

6. MARKETING CONCEPTION A PHILOSOPHY OF BUSINESS, CUSTOMERS AND CONSUMERS, MARKETING AND SELLING, PRODUCT DEVELOPMENT PROCESS - STRATEGY, TACTICS 6. MARKETING CONCEPTION A PHILOSOPHY OF BUSINESS, CUSTOMERS AND CONSUMERS, MARKETING AND SELLING, PRODUCT DEVELOPMENT PROCESS - STRATEGY, TACTICS What is Marketing Marketing encompasses a wide array of

More information

MKT624 Brand Management Solved MCQs By

MKT624 Brand Management Solved MCQs By MKT624 Brand Management Solved MCQs By http://vustudents.ning.com 1. At the center of a brand s characteristics is the following: a. Identity b. Image c. Value d. None of the given options 2. Brand management

More information

Chapter 5 Understanding Buyer Behavior and the Communication Process

Chapter 5 Understanding Buyer Behavior and the Communication Process 5-1 Chapter 5 Understanding Buyer Behavior and the Communication Process 5-2 1. Describe the four stages of consumer decision making. 2. Explain how consumers adapt their decisionmaking processes based

More information

Suggestion in Media. Is What You See What You Get? Do You Really Want It? Chapter 8 Introduction to Critical Reasoning Professor Doug Olena

Suggestion in Media. Is What You See What You Get? Do You Really Want It? Chapter 8 Introduction to Critical Reasoning Professor Doug Olena Suggestion in Media Is What You See What You Get? Do You Really Want It? Chapter 8 Introduction to Critical Reasoning Professor Doug Olena The hand that rules the press, the radio, the screen and the far-spread

More information

MARKET SEGMENTING, TARGETING & POSITIONING. 5th Lecture, 27th March 2017

MARKET SEGMENTING, TARGETING & POSITIONING. 5th Lecture, 27th March 2017 MARKET SEGMENTING, TARGETING & POSITIONING 5th Lecture, 27th March 2017 LECTURE CONTENTS Target marketing Why is it not possible to satisfy all customers? Market segmentation How to choose potential customers?

More information

Source Credibility, Visual Strategy and the Model in Print Advertisements

Source Credibility, Visual Strategy and the Model in Print Advertisements Credibility, and the Model in Print Advertisements Kenneth E. Clow University of Louisiana at Monroe Karen E. James Louisiana State University in Shreveport Sarah E. Sisk University of Louisiana at Monroe

More information

i t s good and good for you Chapter Three Analyzing the Marketing Environment Copyright 2012 Pearson Education, Inc. Publishing as Prentice Hall 3-1

i t s good and good for you Chapter Three Analyzing the Marketing Environment Copyright 2012 Pearson Education, Inc. Publishing as Prentice Hall 3-1 i t s good and good for you Chapter Three Analyzing the Marketing Environment Copyright 2012 Pearson Education, Inc. 3-1 Analyzing the Marketing Environment Topic Outline The Company s Microenvironment

More information

Chapter 11. Customer-Driven Marketing

Chapter 11. Customer-Driven Marketing Chapter 11 Customer-Driven Marketing Learning Objectives 1 Define marketing. 5 Describe marketing research. 2 3 4 Discuss the evolution of the marketing concept. Describe not-for-profit marketing and nontraditional

More information

MKTG CHAPTER. Lamb, Hair, McDaniel. Consumer Decision Making. Designed by Amy McGuire, B-books, Ltd. Prepared by Dana Freeman, B-books, Ltd.

MKTG CHAPTER. Lamb, Hair, McDaniel. Consumer Decision Making. Designed by Amy McGuire, B-books, Ltd. Prepared by Dana Freeman, B-books, Ltd. Lamb, Hair, McDaniel Designed by Amy McGuire, B-books, Ltd. MKTG 6 CHAPTER Consumer Decision Making Prepared by Dana Freeman, B-books, Ltd. Consumer Behavior Consumer Behavior Processes a consumer uses

More information

Marketing Management. PhiLip. Kevin Lane. Mairead. MalcoLm. forben. Prentice Hall PEARSON

Marketing Management. PhiLip. Kevin Lane. Mairead. MalcoLm. forben. Prentice Hall PEARSON PhiLip Kevin Lane Mairead MalcoLm forben Marketing Management PEARSON Prentice Hall Harlow, England London New York Boston San Francisco Toronto Sydney Singapore Hong Kon Tokyo Seoul Taipei New Delhi Cape

More information

The Flowers Story DIGITAL MARKETING. Family of Brands 11/3/2013. In 1995, he extended the brand to the internet.

The Flowers Story DIGITAL MARKETING. Family of Brands 11/3/2013. In 1995, he extended the brand to the internet. The 1-800-Flowers Story 2 DIGITAL MARKETING Jim McCann started 1-800-Flowers as a traditional retailer in New York City in 1976. Segmentation and Targeting Strategies Assist. Prof. Dr. Ozge Ozgen, Department

More information

As a part of the organization, have you ever wondered about:

As a part of the organization, have you ever wondered about: Introduction As a part of the organization, have you ever wondered about: Who are the consumers of your products and services? Why do these consumers buy your brand and not that of the competitors? How

More information

Chapter 14 Opinion Leaders and Personal Influence

Chapter 14 Opinion Leaders and Personal Influence Chapter 14 Opinion Leaders and Personal Influence Learning Objectives: To understand who can be called as an opinion leader To understand how opinion leaders persuade others in favour of certain products

More information

Introduction to. marketing. theory and practice. Second edition. Adrian Palmer OXFORD UNIVERSITY PRESS

Introduction to. marketing. theory and practice. Second edition. Adrian Palmer OXFORD UNIVERSITY PRESS Introduction to marketing theory and practice Second edition Adrian Palmer OXFORD UNIVERSITY PRESS Preface Acknowledgments Guided tour of the textbook features v vii viii Marketing: the fundamentals 1

More information

CONTENTS CHAPTER ONE STRATEGIC BUSINESS PLANNING

CONTENTS CHAPTER ONE STRATEGIC BUSINESS PLANNING CONTENTS CHAPTER ONE STRATEGIC BUSINESS PLANNING Preview 1 About this topic 1 Topic objectives 1 1. Strategic Planning Overview 2 1.1 Why is strategic planning important? 2 1.2 What is strategic planning?

More information

Communication in. Business and the

Communication in. Business and the Strategie Communication in Business and the Professions EIGHTH EDITION Dan O'Hair University of Kentucky Gustav W. Friedrich Rutgers University Lynda Dee Dixon Bowling Green State University PEARSON Boston

More information

MARKETING, INTRODUCTION (400)

MARKETING, INTRODUCTION (400) DESCRIPTION An introductory course which will expose students to the fundamental concepts of marketing. Students will be introduced to a wide range of Marketing Education courses related to the Marketing

More information

To stay in business by a-rac0ng and retaining customers To benefit from understanding consumer problems To establish compe00ve advantage because it

To stay in business by a-rac0ng and retaining customers To benefit from understanding consumer problems To establish compe00ve advantage because it By Miss Timy Tan To stay in business by a-rac0ng and retaining customers To benefit from understanding consumer problems To establish compe00ve advantage because it is interes0ng! Because no longer can

More information

ASSIGNMENT 2. Read this introduction. Then read Chapter 2, Segmentation, Targeting, and Positioning pages 39 69, in your textbook, Consumer Behavior.

ASSIGNMENT 2. Read this introduction. Then read Chapter 2, Segmentation, Targeting, and Positioning pages 39 69, in your textbook, Consumer Behavior. ASSIGNMENT 2 Read this introduction. Then read Chapter 2, Segmentation, Targeting, and Positioning pages 39 69, in your textbook,. Mass Marketing The Model-T automobile was efficiently and economically

More information

TOPIC. Quarter: Second Professor(s): Vladimir Melnyk Office Hours: Tuesdays, from 11:00 until 14:00 (upon appointment) SHORT COURSE DESCRIPTION

TOPIC. Quarter: Second Professor(s): Vladimir Melnyk Office Hours: Tuesdays, from 11:00 until 14:00 (upon appointment) SHORT COURSE DESCRIPTION TOPIC Quarter: Second Professor(s): Vladimir Melnyk Office Hours: Tuesdays, from 11:00 until 14:00 (upon appointment) SHORT COURSE DESCRIPTION Consumers and their needs are at the core of marketing. The

More information

Psychographic Segmentation

Psychographic Segmentation Psychographic Segmentation By Jim Mintz, Managing Partner, CEPSM Psychographics marketing Psychographics marketing may be a concept that you are not fully aware of, but it is an essential part of marketing.

More information