MKTG-250 Lecture Notes - Lecture 6: Leidang, Selective Exposure Theory, Reference Group

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Week 6
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Notes
Consumer M0rkets 0nd Consumer Buyer Beh0viour
Model of consumer beh0viour
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Five Dimensions of Br0nd Person0lity
Sincerity - H0llm0rk
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Sophistic0tion - Ch0nel
Ruggedness - North F0ce
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Document Summary

Consumer buyer beh-viour: the buying beh-viour of fin-l consumers. Individu-ls -nd households, who buy goods -nd services for person-l consumption. Consumer m-rket: all of the person-l consumption of fin-l consumers (us. The environment > buyers bl-ck box > buyer response. Purch-sing beh-viour: wh-t the buyer buys, when, where, -nd how much. Culture is the le-rned v-lues, perceptions, w-nts, -nd beh-viour from f-mily -nd other import-nt institutions -nd is the most b-sic c-use of - person s w-nts -nd beh-viour. Subcultures -re groups of people within - culture with sh-red v-lue systems b-sed on common life experiences -nd situ-tions. Soci0l cl0sses -re society s rel-tively perm-nent -nd ordered divisions whose members sh-re simil-r v-lues, interests, -nd beh-viours. Me-sured by - combin-tion of occup-tion, income, educ-tion, we-lth, Opinion le0ders -re people within - reference group who exert soci-l influence on others. M-rketers identify them to use -s br-nd -mb-ss-dors.

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