The Consumer Audience

W
Shared by: HC12020703127
Categories
Tags
-
Stats
views:
7
posted:
2/6/2012
language:
pages:
20
Document Sample
scope of work template
							The Consumer Audience

   Part 2: Planning and Strategy
             Chapter 5
             Chapter Outline
I.   Chapter Key Points
II.  How Does Consumer Behavior Work?
III. Cultural and Social Influences on Consumer
     Decisions
IV. Psychological Influences that Motivate
     Consumers
V. Behavioral Influences on Consumer Decisions
VI. The Consumer Decision Process
VII. Segmenting and Targeting
                                                  5-2
                  Key Points
• Assess cultural and social influences on consumer
  responses
• Demonstrate how psychological influences motivate
  customers
• Explain the behavioral characteristics that describe
  consumer responses
• Describe how the consumer decision process works
• Differentiate between segmenting and targeting and
  trace these tools to their sources

                                                         5-3
   How Does Consumer Behavior
             Work?
• Consumer behavior
  – Describes how individuals or groups select,
    purchase, use, or dispose of products – as well as
    describing the needs that motivate these behaviors
• Consumer audience
  – People who buy or use products to satisfy their
    needs and wants
• Customers
  – People who buy a particular brand or patronize a
    specific store
                                                       5-4
  Cultural and Social Influences
         Culture                    Social Class
• Tangible items and         • The position a person
  intangible concepts that     and his/her family hold
  together define a group      within society
  of people or a way of
  life




                                                     5-5
  Cultural and Social Influences
    Reference Groups                 Family
• A group of people who     • Two or more people
  are used as a guide for     who are related by
  behavior in specific        blood, marriage, or
  situations                  adoption and live in the
                              same household




                                                     5-6
  Cultural and Social Influences
     Demographics                     Characteristics
• The statistical, personal,   •   Age
  social, and economic         •   Sexual orientation
  characteristics that         •   Race and ethnicity
  describe a population
                               •   Occupation
                               •   Income
                               •   Geography



                                                        5-7
       Psychological Influences
Perception/State of Mind           Motivations
• Affects how people        • Internal forces that
  perceive information as     stimulate people to
  well as determines the      behave in a particular
  particular pattern of       manner
  consumer behavior         • Produced by the tension
                              caused by an unfulfilled
                              need



                                                    5-8
       Psychological Influences
  Attitudes and Values             Personality
• Attitudes impact          • Distinctive
  motivations                 characteristics that make
• Influence how               people or brands
  consumers evaluate          individual
  products, institutions,   • Brand personalities
  retail stores, and          make them distinctive
  advertising                 from their competitors



                                                     5-9
       Psychological Influences
Psychographic Influences          Psychographics
• Lifestyle and               • Lifestyles
  psychological                 – Looks at the ways
  characteristics that have       people allocate time,
  a bearing on how people         energy, and money
  make decisions              • The VALS system
                                – Lifestyle profiles that
                                  collectively reflect a
                                  whole culture
                              • Trends

                                                            5-10
        Behavioral Influences
• Usage behavior
  – How much of a product category or brand
    customers buy
• Innovation and adoption
  – How willing people are to be innovative and try
    something new




                                                      5-11
 The Consumer Decision Process
• Need recognition     • The consumer
                         recognizes the need for
• Information search     a product
• Evaluation of        • Advertising should
  alternatives           activate or stimulate this
                         need
• Purchase decision
• Postpurchase
  evaluation
                                                5-12
 The Consumer Decision Process
• Need recognition     • Can be casual or formal
                       • Advertising helps the
• Information search     search process by
• Evaluation of          providing information
  alternatives           and making it easy to
                         find, as well as
• Purchase decision      remember
• Postpurchase
  evaluation
                                              5-13
 The Consumer Decision Process
• Need recognition     • Consumers compare
                         various products and
• Information search     reduce the list of options
• Evaluation of        • Advertising helps sort
  alternatives           out products on the
                         basis of tangible and
• Purchase decision      intangible features
• Postpurchase
  evaluation
                                                5-14
 The Consumer Decision Process
• Need recognition     • Often a two-part
                         decision
• Information search      – Select the brand
• Evaluation of           – Select the outlet from
                            which to purchase
  alternatives         • In-store promotions
• Purchase decision      affect these choices
• Postpurchase
  evaluation
                                                     5-15
 The Consumer Decision Process
• Need recognition     • The customer
                         reconsiders and justifies
• Information search     the purchase
• Evaluation of        • Determines whether the
  alternatives           customer will keep the
                         product, return it, or
• Purchase decision      refuse to buy the
                         product again
• Postpurchase
  evaluation
                                                5-16
    Segmenting and Targeting
• Segmenting
  – Dividing the market into groups of people who
    have similar characteristics in certain key product-
    related areas
• Targeting
  – Identifying the group that might be the most
    profitable audience



                                                      5-17
     Segmenting and Targeting
• Market aggregation strategy
  – When planners purposefully use one marketing
    strategy that will appeal to as many audiences as
    possible
• Market segmentation
  – Assumes that the best way to sell is to recognize
    differences within the broad market and adjust
    strategies and messages accordingly


                                                        5-18
     Segmenting and Targeting
• Types of segmentation       • Sociodemographic
  – Demographic                 segments
    segmentation              • Niche markets
  – Geographic                  – Defined by some
    segmentation                  distinctive trait
  – Psychographic
    segmentation
  – Behavioral segmentation
  – Benefits segmentation



                                                      5-19
     Segmenting and Targeting
• Targeting the right audience
  – The target is described using the variables that
    separate this prospective consumer group from
    others who are not in the market
• Profiling the target audience
  – Describing the target audience as if they are people
    you know
  – Used in developing media and message decisions


                                                       5-20

						
Related docs
Other docs by HC12020703127
DLS SG Opening Report
Views: 2  |  Downloads: 0
NSS BINMORIL BARU
Views: 107  |  Downloads: 0
perkhidmatan
Views: 45  |  Downloads: 0
The Consumer Audience
Views: 7  |  Downloads: 0
Mccue CART Transcript
Views: 1  |  Downloads: 0
PowerPoint Presentation
Views: 1  |  Downloads: 1
TR Revisto PT
Views: 6  |  Downloads: 0
Understanding Individual Learning Styles
Views: 6  |  Downloads: 0
COM 205 MULTIMEDIA APPLICATIONS
Views: 4  |  Downloads: 0