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06 Marketing Starts with Customers

AB
consumer behaviorthe study of consumers and how they make decisions
final consumersbuy products or services for personal use
business consumersbuy goods and services to resell or for use in producing and marketing other goods and services
needanything that you require to live
wanta culturally defined way to fulfill that need
motivationthe set of positive or negative factors that direct individual behavior
buying motivesthe reasons that you buy
hedonic motivesreasons to purchase based on feelings and emotions
rational motivesreasons to buy based on facts or logic
patronage motivesreason to purchase based on loyalty to a particular business or brand
buying behaviorthe decision processes and actions of consumers as they buy services and products
consumer decision-making processthe process by which consumers collect and analyze information to make choices among alternatives
personal identityconsists of the characteristics that make a person unique
personalitya pattern of emotions and behaviors that define an individual
attitudea frame of mind developed from a person's values, beliefs, and feelings
self-conceptan individual's belief about his or her identity, image, and capabilities
lifestylethe way a person lives as reflected by material goods, activities, and relationships
reference groupa group of people or an organization that an individual admires, identifies with, and wants to be a part of


IN

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