Love Your Emotions--But Dont Trade Them (FT Press Delivers Elements)


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lasravicteapock.cf/parallel-dimensions/werewolf-by-night-1972-1988-27.pdf Other needs, such as shelter, clothing, and safety, tend to be enduring. For example, during grade school and high school, your social needs probably rose to the forefront. You wanted to have friends and get a date. Perhaps this prompted you to buy certain types of clothing or electronic devices.

You will believe you have become the person in life that you feel you were meant to be. Following the economic crisis that began in , the sales of new automobiles dropped sharply virtually everywhere around the world—except the sales of Hyundai vehicles. While achieving self-actualization may be a goal for many individuals in the United States, consumers in Eastern cultures may focus more on belongingness and group needs.

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Marketers look at cultural differences in addition to individual needs. The importance of groups affects advertising using groups versus individuals and product decisions. Perception is how you interpret the world around you and make sense of it in your brain. You do so via stimuli that affect your different senses—sight, hearing, touch, smell, and taste. How you combine these senses also makes a difference. For example, in one study, consumers were blindfolded and asked to drink a new brand of clear beer.

Most of them said the product tasted like regular beer. Consumers are bombarded with messages on television, radio, magazines, the Internet, and even bathroom walls. The average consumer is exposed to about three thousand advertisements per day Lasn, Consumers are surfing the Internet, watching television, and checking their cell phones for text messages simultaneously.

Some, but not all, information makes it into our brains. Selecting information we see or hear e. Have you ever read or thought about something and then started noticing ads and information about it popping up everywhere? Many people are more perceptive to advertisements for products they need. Selective attention is the process of filtering out information based on how relevant it is to you. A longtime chain smoker who forgets much of the information communicated during an antismoking commercial is an example.

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To be sure their advertising messages get through to you and you remember them, companies use repetition. How tired of iPhone commercials were you before they tapered off? How often do you see the same commercial aired during a single television show? Another potential problem that advertisers or your friends may experience is selective distortion or misinterpretation of the intended message. Promotions for weight loss products show models that look slim and trim after using their products, and consumers may believe they will look like the model if they use the product.

They misinterpret other factors such as how the model looked before or how long it will take to achieve the results. Similarly, have you ever told someone a story about a friend and that person told another person who told someone else? By the time the story gets back to you, it is completely different. The same thing can happen with many types of messages. Using surprising stimuli or shock advertising is also a technique that works. One study found that shocking content increased attention, benefited memory, and positively influenced behavior among a group of university students Dahl, et.

Subliminal advertising is the opposite of shock advertising and involves exposing consumers to marketing stimuli such as photos, ads, and messages by stealthily embedding them in movies, ads, and other media. Although there is no evidence that subliminal advertising works, years ago the words Drink Coca-Cola were flashed for a millisecond on a movie screen.

Situational Factors

Consumers were thought to perceive the information subconsciously and to be influenced to buy the products shown. Many people considered the practice to be subversive, and in , the Federal Communications Commission condemned it. Much of the original research on subliminal advertising, conducted by a researcher trying to drum up business for his market research firm, was fabricated Crossen, People are still fascinated by subliminal advertising, however. If you blinked, you missed it. Some television stations actually called ABC to figure out what was going on. One-second ads were later rolled out to movie theaters Adalian, Different consumers perceive information differently.

A couple of frames about The Mole might make you want to see the television show. However, your friend might see the ad, find it stupid, and never tune in to watch the show. One man sees Pledge, an outstanding furniture polish, while another sees a can of spray no different from any other furniture polish. One woman sees a luxurious Gucci purse, and the other sees an overpriced bag to hold keys and makeup Chartrand, Learning refers to the process by which consumers change their behavior after they gain information or experience. People with limited experience about a product or brand generally seek out more information than people who have used a product before.

Companies try to get consumers to learn about their products in different ways. Car dealerships offer test drives. Other companies give consumers free samples. Have you ever eaten the food samples in a grocery store? While sampling is an expensive strategy, it gets consumers to try the product and many customers buy it, especially right after trying in the store. Another kind of learning is operant or instrumental conditioning , which is what occurs when researchers are able to get a mouse to run through a maze for a piece of cheese or a dog to salivate just by ringing a bell.

In other words, learning occurs through repetitive behavior that has positive or negative consequences. Companies engage in operant conditioning by rewarding consumers, which cause consumers to want to repeat their purchasing behaviors. Another learning process called classical conditioning occurs by associating a conditioned stimulus CS with an unconditioned stimulus US to get a particular response.

The more frequently the CS is linked with the US, the faster learning occurs and this is what advertisers and businesses try to do. Think about a meal at a restaurant where the food was really good and you went with someone special. You like the person and want to go out again. It could be that classical conditioning occurred. That is, the food produced a good feeling and you may associate the person with the food, thus producing a good feeling about the person.

Companies want people to have positive feelings about their offerings.

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How you combine these senses also makes a difference. Some television stations actually called ABC to figure out what was going on. For example, many resorts offer consumers discounts to travel to beach locations during hurricane season. Get to Know Us. Not only is the premium handset segment becoming more competitive, Samsung also faces increasing competition from Xiaomi, Huawei and Google at the lower end of the handset market.

A few years ago, KFC began running ads to the effect that fried chicken was healthy—until the U. Federal Trade Commission told the company to stop. Situational factors, personal factors, and psychological factors influence what you buy, but only on a temporary basis. Societal factors are a bit different. They are more outward and have broad influences on your beliefs and the way you do things. They depend on the world around you and how it works.

Culture refers to the shared beliefs, customs, behaviors, and attitudes that characterize a society.

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Your culture prescribes the way in which you should live and has a huge effect on the things you purchase. For example, in Beirut, Lebanon, women can often be seen wearing miniskirts. In Afghanistan women generally wear burqas , which cover them completely from head to toe. Interestingly, abayas have become big business in recent years. They come in many styles, cuts, and fabrics and some are encrusted with jewels and cost thousands of dollars.

To read about the fashions women in Muslim countries wear, check out the following article: Even cultures that share many of the same values as the United States can be quite different. Following the meltdown of the financial markets in , countries around the world were pressed by the United States to engage in deficit spending to stimulate the worldwide economy. The plan was a hard sell both to German politicians and to the German people in general.

Credit card companies such as Visa, American Express, and MasterCard must understand cultural perceptions about credit. A subculture is a group of people within a culture who are different from the dominant culture but have something in common with one another such as common interests, vocations or jobs, religions, ethnic backgrounds, and geographic locations. The fastest-growing subculture in the United States consists of people of Hispanic origin, followed by Asian Americans, and African Americans.

The purchasing power of U. Home Depot has launched a Spanish version of its Web site. Walmart is in the process of converting some of its Neighborhood Markets into stores designed to appeal to Hispanics. Marketing products based on the ethnicity of consumers is useful but may become harder to do in the future because the boundaries between ethnic groups are blurring. Otherkins are primarily Internet users who believe they are reincarnations of mythological or legendary creatures—angels, demons, vampires—you name it.

To read more about the Otherkins and seven other bizarre subcultures, visit http: You have probably heard of the hip-hop subculture, people who in engage in extreme types of sports such as helicopter skiing or people who play the fantasy game Dungeons and Dragons. A social class is a group of people who have the same social, economic, or educational status in society 5.

While income helps define social class, the primary variable determining social class is occupation. To some degree, consumers in the same social class exhibit similar purchasing behavior. In many countries, people are expected to marry within their own social class. When asked, people tend to say they are middle class, which is not always correct. Keep in mind that the U. The rise of the middle class in India and China is creating opportunities for many companies to successfully sustain their products.

In a recession when luxury buyers are harder to come by, the makers of upscale brands may want their customer bases to be as large as possible. However, the company later worried that its reputation was being tarnished by the line. Luxury brands therefore try to keep the supply of their products in check so their prices remain high. The whiskey brand Johnnie Walker has managed to expand its market share without cheapening the brand by producing a few lower-priced versions of the whiskey and putting them in bottles with different labels.

Every blue-label bottle has a serial number and is sold in a silk-lined box, accompanied by a certificate of authenticity 7. Reference groups are groups social groups, work groups, family, or close friends a consumer identifies with and may want to join. If you have ever dreamed of being a professional player of basketball or another sport, you have an aspirational reference group. There may also be dissociative groups or groups where a consumer does not want to be associated. Opinion leaders are people with expertise in certain areas. Consumers respect these people and often ask their opinions before they buy goods and services.

An information technology IT specialist with a great deal of knowledge about computer brands is an example. The IT specialist is probably a person who has the latest and greatest tech products, and his opinion of them is likely to carry more weight with you than any sort of advertisement. Network analysis using special software is one way of doing so. Like it or not, you are more like your parents than you think, at least in terms of your consumption patterns.

Companies are interested in which family members have the most influence over certain purchases. Children have a great deal of influence over many household purchases. For example, in nearly half 47 percent of nine- to seventeen-year-olds were asked by parents to go online to find out about products or services, compared to 37 percent in IKEA used this knowledge to design their showrooms.

Marketing to children has come under increasing scrutiny. Some critics accuse companies of deliberately manipulating children to nag their parents for certain products. For example, even though tickets for Hannah Montana concerts ranged from hundreds to thousands of dollars, the concerts often still sold out. Hirschman and Morris B. Association for Consumer Research, , 53— Routledge, , — Frankenberger, and Rajesh V. The Uncooling of America New York: One for You, One for Me?

This is a derivative of Principles of Marketing by a publisher who has requested that they and the original author not receive attribution, which was originally released and is used under CC BY-NC-SA. For uses beyond those covered by law or the Creative Commons license, permission to reuse should be sought directly from the copyright owner. Learning Objectives Describe the personal and psychological factors that may influence what consumers buy and when they buy it. Explain how looking at lifestyle information helps firms understand what consumers want to purchase. Video Clip Thin Mints, Anyone?

Time The time of day, time of year, and how much time consumers feel like they have to shop affect what they buy.

Reason for the Purchase The reason you are shopping also affects the amount of time you will spend shopping. Mood Have you ever felt like going on a shopping spree? Gender, Age, and Stage of Life While demographic variables such as income, education, and marital status are important, we will look at gender, age, and stage of life and how they influence purchase decisions.

Psychological Factors Motivation Motivation is the inward drive we have to get what we need. Perception Perception is how you interpret the world around you and make sense of it in your brain. Learning Learning refers to the process by which consumers change their behavior after they gain information or experience. Societal Factors Situational factors, personal factors, and psychological factors influence what you buy, but only on a temporary basis. Culture Culture refers to the shared beliefs, customs, behaviors, and attitudes that characterize a society. Subcultures A subculture is a group of people within a culture who are different from the dominant culture but have something in common with one another such as common interests, vocations or jobs, religions, ethnic backgrounds, and geographic locations.

Social Class A social class is a group of people who have the same social, economic, or educational status in society 5. Reference Groups and Opinion Leaders Reference groups are groups social groups, work groups, family, or close friends a consumer identifies with and may want to join. Key Takeaway Situational influences are temporary conditions that affect how buyers behave.

Companies try to make the physical factors in which consumers shop as favorable as possible. Your personality describes your disposition as other people see it. Market researchers believe people buy products to enhance how they feel about themselves. Your gender also affects what you buy and how you shop. Women shop differently than men. Younger men and women are beginning to shop more alike.

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