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What Factors Impact CB? The Psychological Core The Consumer’s Culture

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Presentation on theme: "What Factors Impact CB? The Psychological Core The Consumer’s Culture"— Presentation transcript:

1 What Factors Impact CB? The Psychological Core The Consumer’s Culture
The Process of Making Decisions CB Outcomes

2 Part 2: The Psychological Core
Motivation, Ability & Opportunity (MAO) Exposure, Attention & Perception (EAP) Knowledge & Understanding Attitudes-High Consumer Effort Attitudes-Low Consumer Effort Memory & Retrieval

3 Chapter 3 MOTIVATION, ABILITY, AND OPPORTUNITY

4 Chapter Overview What do we need for behavior to take place?
Motivation Ability Opportunity

5 GOAL-RELATED BEHAVIOR INFORMATION PROCESSING/
The Psychological Core GOAL-RELATED BEHAVIOR MOTIVATION INFORMATION PROCESSING/ DEC. MAKING ABILITY “FELT” INVOLVEMENT OPPORTUNITY

6 What motivates you??? Personal relevance Perceived risk
Inconsistency with attitudes Values, goals & needs

7 Types of Needs Social Nonsocial F Symbolic H

8 Mallow’s Hierarchy of Needs
SELF- ACTUALIZATION EGOISTIC SOCIAL SAFETY PHYSIOLOGICAL

9 Needs and Conflict Approach-avoidance Approach-approach
Avoidance-avoidance

10 Quick Write: Apply Motivation (needs) to your search for housing
Think about the last time you had to find a new place to live. List and describe which needs you were attempting to satisfy Describe any of the three “need conflicts” that were present in your decision.

11 Factors that impact motivation: Marketing Implications
Personal Relevance focus on issues important to customers Risk reduce uncertainty or bad consequences utilize fear tactics Needs ensure offerings satisfy important needs manage conflict: focus on “approach,” dispel “avoidance” concerns communicate how the offering satisfies needs

12 Ability Knowledge and experience Intelligence Education Age
Resources ($$)

13 Opportunity Time Distraction Amount of information
Complexity of information Repetition

14 “Consumers don’t buy technology or engineering
“Consumers don’t buy technology or engineering. They buy products to make them healthier, more esteemed, more attractive, thinner, prettier, wiser, manlier, shrewder, younger, richer, more desirable, happier, etc. Consumers don’t give a damn how a car works. What they want to know is how it will work for them. Consumers don’t care what’s in dog food. They want to be loved by their dog.” --Frazier Purdy Chairperson of the Board Young & Rubicam

15 Chapter 3 Review Outcomes of high MOA Factors that impact Motivation
goal-directed behavior information processing & decision making felt involvement Factors that impact Motivation Types of Needs & Conflict MOA definitions


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