Chapter 5 MRKT 3333

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Last updated 5:28 PM on 12/5/24
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19 Terms

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Consumer learning

The process that continually evolves and changes as a result of newly acquired knowledge or actual experience.

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Behavioral learning

A type of learning based on observable responses to specific external stimuli signifying that learning has occurred.

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Classical conditioning

A form of learning where an automatic response is developed through repeated exposure and reinforcement.

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Conditioned learning

Occurs when a stimulus paired with another stimulus elicits a known response.

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Cognitive associative learning

Learning that involves acquiring new knowledge through associations among events to anticipate behaviors.

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Three-hit theory

States that optimal ad exposure for effectiveness is three times: awareness, relevance, and reminder.

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Family branding

Marketing strategy where a whole line of products is marketed under one brand name.

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Positive reinforcement

Events that strengthen the likelihood of a specific response.

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Negative reinforcement

An unpleasant outcome that encourages specific behavior.

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Shaping

Reinforcement of behaviors required before the desired behavior is performed, increasing the probability of occurrence.

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Observational learning

Learning behavior by observing others and the consequences of their behavior.

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Retention

The process of organizing and reorganizing information as new links between chunks of information are created.

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Data retrieval

The process of recovering information from long-term storage.

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Environmental triggers

Cues in the environment that remind an individual of something.

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Cognitive stage

The person’s knowledge and beliefs about a product.

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Affective stage

The person’s feelings toward and evaluations of a product as favorable or unfavorable.

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Conative stage

The person’s intention level to buy the product.

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Information overload

Occurs when consumers face too much information, leading to frustration and poor decision-making.

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Attribution theory

Theory explaining how people assign causality to events based on their behavior or the behavior of others.