Exam 8: Introduction to Behavior

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From a public policy standpoint,information search is encouraged to develop more knowledgeable consumers.

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A final set of behaviors that marketers attempt to increase involves communication.Explain.

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Marketers want consumers to communicate with two basic audiences: They want consumers to (1)provide the company with marketing information and (2)tell other potential consumers about the product and encourage them to purchase it.
From consumers to marketers: Marketers typically want at least three types of information from consumers.First,they want information about the consumer to investigate the quality of their marketing strategy and the success of market segmentation.A second type of information sought from consumers is the names of other potential buyers of the product segmentation.Finally,marketers seek consumer information about defective products.
From consumers to consumers: Marketers also want consumers to tell their friends and others about the product.A product that is effective and performs well may encourage this behavior.

The linkages between overt behavior and affect and cognition are well developed at a theoretical level.

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Why must the marketer be concerned with overt consumer behavior?

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Push strategies are most directly focused upon:

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Overt consumer behavior refers to the _____ and _____ responses or actions of consumers.

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A _____ involves the exchange of consumers' funds for products and services.

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Marketers desire to encourage consumers to communicate all of the following EXCEPT:

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Why is the transaction the most critical component of the marketing process?

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Briefly explain the theory/role of fear appeals.

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Briefly explain the factors that impact the extent of consumer search behavior.What role does advertising play in this process?

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The probability of completing an exchange may be increased by all of the following methods EXCEPT:

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While completing an initial transaction,marketers often employ _____ to produce additional transactions.

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High-involvement purchases typically involve less overt behavior.

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For low-price,low-involvement products,consumers often try them first and then decide whether they like them and will buy them again.

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Selective demand refers to:

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The best form of promotion for a newly opened recreational/ entertainment center is through:

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Trade discounts and incentives are examples of push strategies.

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Consumer search activity is influenced by the self-confidence of the consumer.

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Locating an outlet can be categorized under the prepurchase stage of a behavior sequence model for purchase of consumer goods.

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