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(MGT 462) Vanderbilt University Owen Graduate School of Management Module IV, Spring 2001 Professor Gibbs
Last Session
Introduction to Consumer Behavior
Driving Passions video
This Session
Casette First aspect of CB to understand: affect & cognition
First sector of P&Os wheel Affect and cognition in general more specifically, knowledge structures and relation to:
Brand image Means-end chains Involvement
Casette
Affect
Various types of affective response
Emotions Specific feelings Moods Evaluations (tastes)
Cognition
Process by which we make sense of the world
And make sense of marketing stimuli
E.g., Suzuki Samurai free insurance
Affect-Cognition Interaction
Mood influences thinking
E.g., positive mood more inclusive categories
Knowledge Structures
Associative network
Propositions linked according to how closely they are related in memory Activated portion represents overall meaning of product
Scripts
Responsible for cognitive slips
Brand Image
What is brand image? Even for a given set of cues, there is variability in brand, product image
Differences across consumers
E.g., Cadillac
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Consumers Values
What counts as a benefit depends on consumers values Rokeach classification
Instrumental values = preferred modes of conduct Terminal values = preferred states of being
Means-End Chains
Pieces of the consumers knowledge structure
Associative links regarding the consumer-product relationship Relate product attributes to consequences to values
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Involvement
Determined by perceived self-relevance
Enduring self-relevance Situational self-relevance
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Influencing Involvement
Influencing situational self-relevance
Clearance sales and rebates
How useful is this?
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Supplementary Reading
Lifestyle marketing:
Thats Not a Skim Latte. Its a Way of Life (New York Times)
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