Exam 13: Whats Trending in Consume Behavior

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_______ is the systematic interpretation of large amounts of textual data into meaningful patterns and themes.

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_______ utilizes brain-imaging technology to identify changes in blood flow and electrical activity in different parts of the brain.

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_______ consumers are careful with their money and alter their behaviors because of monetary considerations.

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New technology that is supposed to make our lives easier and more convenient is also making it easier for marketers to

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What is the quantified self? Why is this concept important to consumers today? Provide examples.

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_______ helps researchers examine brain activity, which helps them draw conclusions about memory, emotions, and decision-making.

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When a consumer uses a wireless-enabled device to lock their front door, they are contributing to the

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_______ describes the vast collection of wireless-enabled devices that collect data and share that data with one another, with consumers, and with others.

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Describe three types of technology that facilitate consumer data collection. Why do marketers collect this information? Outline the pros and cons of data collection. Can consumers stop the collection of their data?

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The _______ consumer expects to be heard when he or she has a complaint.

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Discuss the trends that have emerged as a response to the needs of frugal consumers.

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What is search engine optimization and why is it important to marketing managers? How do marketers know what to insert on their websites so that they will result in the highest rankings? Why is search engine ranking order important?

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Renting a bicycle is an example of participating in the

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Describe how companies have used social media and virtual reality experiences to enhance consumer engagement.

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Describe the frugal consumer. Be sure to highlight specific traits and contributing factors. What trends have emerged as a result?

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_______ refers to the idea that tracking metrics can lead to self-improvement in some way.

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_______ is a useful tool for accessing a consumer's hidden desires and preferences.

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_______ relies on small electronic tags that are attached to products.

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More consumers are starting to consider the environmental implications of their consumption choices and are engaging in _______ consumption.

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Describe the empowered consumer. How has consumer empowerment changed the way that companies and consumers communicate?

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