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Final

MGMC02H3 Study Guide - Final Guide: Autobiographical Memory, Semantic Memory, Echoic Memory


Department
Management (MGM)
Course Code
MGMC02H3
Professor
Bill Mc Conkey
Study Guide
Final

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CHAPTER 7 (171 to 191)
Consumer memory: a personal storehouse of knowledge about products and services,
shopping, and consumption experiences.
Retrieval: the process of remembering or accessing what we have stored in memory.
Can be recognized or recalled
Memory...affects whether and how we categorize objects. Attitudes are part of our
memory they represent stored summary evaluations of objects. We can and often
recall attitudes when we make decisions.
Three types of memory: sensory memory (echoic and iconic memory), short-term
memory (imagery and discursive processing), and long-term memory (autobiographical
and semantic memory).
Sensory memory: sensory experiences stored temporarily in memory. Uses a short-term
storage area called the sensory store; operates automatically, and if we quickly switch
our attention to our sensory store, we may be able to interpret what is in it.
Echoic memory: very brief memory for things we hear
Iconic memory: very brief memory for things we see
Information in sensory memory is stored in its actual sensory form; also short-lived,
generally lasting from a quarter of a second to several seconds. If the info is relevant, we
will be motivated to process it further, and it may enter what is called SHORT-TERM
memory. If we do not analyze that info, it is lost.
STM: the portion of memory where incoming info is encoded or interpreted in light of
existing knowledge. This is where most of our info-processing takes place. It can be hurt
when we are distracted by other info
Discursive processing: the processing of info as words.
Imagery processing: the processing of info in sensory form. Representing the visual,
auditory, tactile, gustatory, and/or olfactory properties of an apple. (Visually or its smell,
feel, taste, sound). The object in imagery processing bears a close resemblance to the
thing being represented

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Info represented as words or images can be elaborated. When MAO is low, STM might
consist of a simple reproduction of the object. When MAO is high, consumers can use
elaborated imagery processing to engage in daydreams, plans, etc.
CHARACTERISTICS OF STM: LIMITED and SHORT-LIVED. Limited = we can only hold a
certain number of things in STM at a time. Short-lived = unless it’s transferred to LTM.
Unless we actively try to remember info, it will be lost.
STM, especially imagery processing, has FOUR key implications for marketers:
1. It can affect product liking or choice. What we choose may be greatly influenced
by what we imagine it will be like; we value some of the products we buy because
of the imagery they provide. Consumers who immerse themselves in thoughts of
using a product or having an experience similar to one simulated in an ad will
tend to have positive attitudes toward the ad and the product. Thus, a product’s
ability to stimulate multisensory imagery might affect how much we like/dislike
that product
2. It can stimulate memories of past experiences: we value things that helps us re-
experience a past consumption experience; reliving the event.
3. It can affect how much info we can process: adding more info can hurt discursive
processing by creating information overload. However, adding info can help
imagery processing because the additional info can help us flesh out the image.
(Like zoom in features)
4. It can affect how satisfied we are with a product or consumption experience:
we may create an elaborate image or fantasy of what the product or
consumption experience will be like only to find it does not materialize in the way
that we had imagined. If reality does not confirm our imagery, we may feel
dissatisfied. Realizing this possibility, marketers help consumers establish realistic
imagery
LONG-TERM MEMORY (LTM): Part of memory where info is permanently stored for
later use.
Autobiographical or episodic memory: knowledge we have about ourselves and our
personal experiences (past), as well as emotions and sensations tied to these
experiences. These memories tend to be primarily sensory, mainly involving visual
images, may also include sounds, smells, tastes, and tactile sensations. We may have

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autobiographical memories that relate to product acquisition, consumption, or
disposition. Each individual has a unique set of experiences, so autobiographical
memory tends to be very personal and idiosyncratic.
Semantic memory: Stored in memory not related to specific experiences; not tied to
any particular brand, etc. General knowledge about an entity, detached from specific
episodes. Semantic memory regarding numbers can influence our perception of prices
and our intention to buy
Much of the knowledge we have stored in cognitive categories reflects semantic
memory.
Consumer-related memories can influence how products/services are evaluated.
Memories can affect our future choices. Autobiographical memories can play a role in
creating identification with characters or situations in ads. Consumers value some
products because they promote autobiographical memories by creating feelings of
nostalgia (a fondness for the past).
Advertising can even affect autobiographical memories, consumers reinterpret
memories; consumer remembers past experiences differently
How memory is enhanced...(increasing likelihood that info will be transferred to LTM)
Chunking: grouping items that can be processed as a unit (3 to 7 chunks of info, or 3 or
4)
Rehearsal: the process of actively reviewing material in an attempt to remember it. We
actively and consciously interact with the material we are trying to remember; likely to
occur only when consumers are motivated to process and remember info (studying)
Recirculation: the process by which info is remembered via simple repetition without
active rehearsal. No active attempt to remember the info; if we do remember, it is
because the info has passed through our brain so many times (seeing things often).
Brand recall is greater when info is repeated at different times rather than when it is
presented over and over at once.
Elaboration: if info is processed at deeper levels, or elaborated. More enduring memory
is established when we try to relate info to prior knowledge and past experiences.
Transferring info into LTM by ^
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