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Vocabulary flashcards covering the five consumer mindsets (comparison, agreeing, depletion, promotion, prevention) and related marketing concepts discussed in Lecture 5.
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Comparison Mindset
A consumer state activated when evaluating multiple options, leading shoppers to focus on similarities and differences between products.
Triggers of the Comparison Mindset
Side-by-side product displays, competitive advertising, and informal everyday comparisons that prompt product evaluation.
Decision Impact of Comparison Mindset
Shifts consumers from asking “Should I buy?” to “Which one should I buy?”, boosting confidence and speeding up choices.
Marketing Strategy – Comparison Mindset
Provide comparison charts, feature tables, quizzes, or guided selectors to highlight advantages and facilitate faster selection.
Agreeing Mindset
A consumer state in which messages that match existing beliefs, values, or preferences are readily accepted.
Cultivating an Agreeing Mindset
Show content aligned with consumer values (e.g., sustainability, influencer endorsements) to foster resonance and openness.
Behavior in Agreeing Mindset
Consumers prefer offers matching their values and may reject messages that contradict their beliefs.
Marketing Strategy – Agreeing Mindset
Craft aligned narratives, support relevant social issues, and offer products reflecting audience values to build loyalty.
Depletion Mindset
A state of mental, physical, or emotional fatigue in which consumers feel resource-depleted.
Characteristics of Depletion Mindset
Risk aversion for major decisions coupled with increased impulse buying for quick comfort or energy.
Impulse Buying
Unplanned, spontaneous purchases—often snacks, small treats, or comfort items—sought for immediate gratification.
Marketing Strategy – Depletion Mindset
Time promotions for ‘tired’ moments, use messages like “Need a pick-me-up?”, and offer convenience bundles for instant relief.
Promotion Mindset
A future-oriented state focused on growth, aspirations, and achieving positive outcomes.
Consumer Motivation in Promotion Mindset
Hope for improvement, pursuit of gains (skills, health, career), and proactive goal-setting.
Purchasing Behavior – Promotion Mindset
View products as investments in future success and gravitate toward offerings that facilitate personal growth.
Marketing Strategy – Promotion Mindset
Highlight future benefits, share success stories, and deliver optimistic, goal-focused messaging.
Prevention Mindset
A security-oriented state centered on avoiding losses, reducing risks, and maintaining stability.
Consumer Priorities in Prevention Mindset
Safeguarding assets, choosing reliable brands, purchasing warranties, and selecting risk-mitigating products.
Marketing Strategy – Prevention Mindset
Emphasize safety, reliability, certifications, warranties, and clear data on risk reduction.
Promotion vs. Prevention Mindsets
Promotion seeks rewards and innovation for future gains, whereas prevention seeks security and risk avoidance.
Side-by-Side Product Presentation
Displaying competing products together to facilitate direct comparison and trigger the comparison mindset.
Competitive Advertisement
An ad that contrasts a brand’s features with a rival’s to encourage consumer comparison and highlight advantages.