Physiological, safety, social, personal, and self-actualization
What are the levels in Maslow's Hierarchy of Needs pyramid?
The other people present influencing your purchase decision.
What are social influencers?
The evaluative criteria that relate to the actual choice a consumer makes.
What are determinant criteria or determinant attributes?
The group with which a buyer aspires to become a member of.
What is an aspirational group?
The theory that states consumers are motivated to maintain perceived consistency in the relation found in a system - when tensions arise between or inside people, they attempt to reduce these tensions through self-persuasion or trying to persuade others.
What is Balance Theory?
The stages a buyer goes through when making choices about which products to buy.
What is the Consumer Decision-Making process?
Need Recognition, Search for Information,
Evaluation of Alternatives, Choice,
Post-Choice Evaluation
Consumer filtering of information based upon their attitudes and beliefs that impact attention and inattention, interpretation, and retention (memory) of information.
What is selective perception (attention)?
The decor, music, crowding, scents in retail stores affecting purchase behavior.
What are physical surroundings?
The school of thought that asserts humans learn through their experiences - associating a stimulus with either a reward or a punishment.
What is behavioral learning?
What is social class?
An anxiety producing sensation faced by consumer when the outcomes of a purchase are unknown resulting in the belief there may be negative consequences.
What is perceived risk?
The situational characteristics that a consumer brings to informational processing.
What are antecedent conditions?
What is psychographics?
The process through which young consumers develop attitudes and learn skills that help them function in the marketplace.
What is consumer socialization?
The VALS system applies psychographics to marketing research by dividing consumers into groups based on resources and motivations.
This VALS group has high resources and is a combination of thinkers, achievers, and experiencers.
What are the innovators?