Chapter 3- Understanding Fashion Consumer and Business Buyer Behavior

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23 Terms

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Consumer behavior

onsists of the decision-making processes and actions of buyers as they recognize their desire or need for a product or service, and engage in the search, evaluation, use, and disposal of a particular item

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Through research, marketers seek out…


individuals with similar characteristics

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Products are bought for

physiological and psychological reasons

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Marketers must learn how to target consumers and…

create desired products

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The place where people buy is important in order to have

goods available

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Knowing how consumers view price and value is important, especially in

downturns

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Integrated marketing systems (IMS)

integrate product, place, price, and promotion

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purchase involvement

The level of a customer's interest in the process of buying a product as seen in that person's need for the product

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The more involved the consumer is with the purchase, the more

complex the decision- making process

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Levels of consumer involvement

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Buyers decision making process

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Cognitive dissonance


is discomfort that can arise out of potential dissatisfaction when reevaluating a purchase

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Situational influences

the purchase task, social surroundings, physical surroundings, time constraints, and antecedent states

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Culture affects…

buying patterns

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Subculture


refers to a smaller group within a large society/culture

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Fashion marketers target consumers by subculture to address…

similar product and purchase preferences and often try to appeal to more than one group

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Social class

as groups of individuals belonging to different levels of society.

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Social norms


influence behavior of group members

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Personal buying decisions are influences by certain traits

How we perceive and learn, what motivates us, out attitude towards products, our individual self-concept and personalities, lifestyles

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Business-to-business (B2B) markets

companies that buy/sell to other companies

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Buying center

permanent group that approve purchase orders

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Types of buying include

Straight rebuy- reorder of same product in same quantity and
color as original order

Modified rebuy-changes one aspect of order

New task buying-selecting new styles

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Decision making steps for fashion business buyers

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