Exam 7: Consumer Behavior Online

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What are the main social/cultural trends that have impacted online exchange?

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\bullet Information Overload - the Internet has brought us more data and information then we can handle. Negative views on spam and advertising on the Web
\bullet Time Poverty - Internet users as a rule have less and less time to spend on any activity. We don't want to waste time on the Internet with slow transaction processing or jumping from

High bandwidth allows consumers to enjoy which of the following services?

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The "killer app" among all media is television.

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The most dramatic increase in online trade over the past two years has been in travel reservations.

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_____ is the idea that there is infinite information, but the demand for it is limited by human capacity.

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According to the text, _____ of US television viewers still watch live television, thus being exposed to commercials, while about _____ of viewers using DVRs fast-forward through commercials.

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According to the text, less connected groups of U.S. consumers represent the 10% of Internet nonusers who earn low incomes and have little formal education.

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According to Dr. Paul Marsden, consumer online buying behavior has many additional characteristics that differ from offline behavior. Discuss some of those characteristics.

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According to the text, at least a quarter of American consumers donate to causes via the internet or help others in need online.

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Many consumer behavior principles that describe offline buying behavior do not apply to online marketing.

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What resources must consumers use in exchange for the benefits of the Internet?

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Streaming media causes fewer consumers to have access to online entertainment.

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Online oxygen is a term coined by HYPERLINK "http://www.trendwatching.com" www.trendwatching.com which refers to _____.

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Most online shoppers have either a price or quality orientation.

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What is the main reason for which consumers do not use the Internet?

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_____ is a basic marketing concept that refers to the act of obtaining a valued object from someone by offering something in return.

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The "killer app" for the global internet is e-mail.

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Strategies to deal with users with mixed bandwidths include all the following except _____.

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The Internet has moved from a utility to a novelty.

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Because time poverty is a problem for today's consumers, they want _____.

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