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CB-lec-6
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Can you define your personality?Influence of heredity & childhood
experiencesSocial & environmental influencesPersonality as a unified whole or
specific traits
Personality
Inner psychological characteristics that determine & reflect how a person responds to his/her environment
Freudian TheoryUnconscious needs/drives are at the
heart of human motivation & personality
Freudian Systems
Id: Meeting Basic Needs
Ego: Dealing with RealitySuperego: Adding Morals - A person’s
conscience which compels to satisfy needs in a socially acceptable way
Conflict Between the Id and SuperegoExemplify the conflict between the desire
for hedonic gratification (represented by the id) versus the need to engage in rational, task-oriented activities (represented by the superego).
Motives for Consumption• Masculinity/femininity • Power • Security • Cleanliness • Social acceptance• Individuality • Status• Reward • Mastery over
environment
Neo-Freudian TheoryKaren described people as:
Compliant – move toward others (need for
affection, approval & admiration)
Aggressive – move against others (desire to
excel, achieve, win admiration & social
recognition)
Detached – move away from others (desire
independence, self-reliance, freedom form
obligations)
Trait TheoryPersonality Traits
Extroversion: Trait of being socially outgoing
Introversion: Trait of being quiet and reserved
Traits Specific to Consumer BehaviorInnovativenessThe degree to which a person likes to try new thingsMaterialismAmount of emphasis placed on acquiring and owning productsSelf-consciousnessThe degree to which a person deliberately monitors and controls the self that is projected to othersNeed for cognitionThe degree to which a person likes to think about things (i.e., expend the necessary effort to process brand information)Frugality – economical Deny short-term purchasing urges and resourcefully use what one already owns
Idiocentrism or AllocentrismIdiocentrics
Individuals who have an individualist orientation
AllocentricsIndividuals who have a group orientation
Diff b/w idiocentrics and allocentricsContentment: Idiocentrics tend to be more
content with life and their financial situation
Health Consciousness: Allocentrics are more likely to avoid unhealthy foods
Food preparation: Allocentrics spend more time preparing food
Travel and Entertainment: Idiocentrics are more interested in traveling. Allocentrics are more likely to work on crafts.
Brand personality The set of traits people attribute to a product
as if it were a person
Sincerity – down to earth, honest, wholesome & cheerful
Excitement – daring, spirited, imaginative & up to date
Competence – reliable, intelligent & successfulSophistication – upper class & charmingRuggedness – outdoorsy & tough
Brand EquityThe extent to which a consumer holds
strong, favorable, and unique associations with a brand in memory
Loyal customers loyalty = BE
Lifestyle: Who We Are, What We Do
A pattern of consumption reflecting a person’s choices of how he or she spends
time and money
Time constrainedMoney constrainedMulti tasking
Products are the Building Blocks of Lifestyles
We often choose products because of their association with a certain lifestyle.
Goal of Lifestyle MarketingTo allow consumers to pursue their chosen ways
to enjoy life and express their social identities.Adopting Lifestyle Marketing
Implies that we must look at patterns of behavior to understand consumers
Product-Lifestyle LinkagesCo-branding strategies
Strategies that recognize that even unattractive products are more attractive when evaluated with other, liked products
Product complementarityOccurs when symbolic meanings of
products are related to each otherConsumption constellations –
association Sets of complementary products used to define,
communicate and perform social roles
The pictures depict two very different “ideal” vacations.
How can psychographic segmentation help identify target markets for each type of vacation?
Discussion Question
Regional Consumption Differences:You Are What You Eat!
Food CultureA pattern of food and beverage
consumption that reflects the values of a social group
GeodemographyTechniques that combine data on
consumer expenditures and other socioeconomic factors with geographic info to identify consumers with common consumption patterns