1Consuming as Integration
Becomes part of consumer's self-identify
2Consuming as Classification
Consumption objects used to classify a consumer in relation to others
3Consuming as Play
Involves directly engaging with consumption objects and using them to interact with other consumers
4Consumer Decision Making Process
Need recognition, Information search, Alternative evaluation, Purchase, Post purchase
5Need Recognition
Consumers recognise they have an unsatisfied need and they would like to go from their actual, needy state to a different desired state
6Functional Needs
Pertain to the performance of a product or service
7Psychological Needs
Pertain to the personal gratification consumers associate with a product or service
8Internal Locus of Control
Some control over the outcomes of their actions, in which case they generally engage in more searc activities
9External Locus of Control
Consumers believe that fate or other external factors control other outcomes
10Types of Risk
Performance, Financial, Social, Physiological, Psychological
11Retrieval Set
Brands or stores that can be readily brought forth from memory
12Evoked Set
The alternative brands or stores that the consumer states he or she would consider when making a purchase decision
13Postpurchase Cognitive Dissonance
An internal conflict that arises from an inconsistency between two beliefs, or between beliefs and behaviours
14Situational Factors
Purchase Situation , Shopping Situation, Temporal State
15Market Research (ESOMAR, 2009)
The systematic gathering and interpretation of information about individuals or organisations using the statistical and analytical techniques of the applied social sciences to gain insight or support decision making which includes social and opinion research
16Five Personality Traits (OCEAN)
Openness, Conscientiousness, Extroversion, Agreeableness, Neuroticism
17Marketing Strategy
An intergrated pattern of decisions specifying choices of markets to serve, market segments to target, marketing activities and the allocation of resources tp create, communicate and deliver a product that offers value to customers in exchanges weith the organisation and thereby results in organisational gol achievement
18Corporate Strategy
Concerned with the organisation's scope and direction, taking a portfolio approach to creating and earning value
19Corporate Strategic Planning
Defines the corporate mission, identifies growth opportunities and assigns resources
20Mission Statement
A clear and consice expression of the organisations's reason for being
21SWOT Analysis
Strengths, Weaknesses, Opportunities, Threats
22PESTLE Analysis
Political, Economic, Social, Technological, Legal, Ecological
23Influences of Buyer Behaviour
Individual Characteristics, Sociocultural Factors, Environmental Factors
24Interactions People have with Brands
Touchpoints
25Ansoff's Matrix
Market Penetration, Product Development, Market Development, Diversification
26Survey Report
Includes research technique
27Organisation's Marketing System Guides...
Segmentation, Positioning, Marketing Mix Operational Decisions
28Secondary Research
Information sources created for some other purpose
29Market Research
Social and Opinion Research
30Neuromarketing Research Techniques
Functional Magnetic Resonance Imaging, Steady State Topography, Electroencephalography
31Descriptive Research
Complements or replaces qualitative research