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Chapter 4: ConsumersProduct Knowledge & Involvement

Ch 4 product knowledge & involvement

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Page 1: Ch 4 product knowledge & involvement

Chapter 4:

Consumers’ Product

Knowledge & Involvement

Page 2: Ch 4 product knowledge & involvement

Agenda

O Levels of product knowledge

O Types of product knowledgeO Concrete, abstract attributes

O Functional/psychosocial consequences &

benefits/risk

O Instrumental/terminal values

O Means-ends chains

O InvolvementO Intrinsic/situational involvement

Page 3: Ch 4 product knowledge & involvement

Levels of Product Knowledge

Product Class

BrandProduct

FormModel/Feature

Consumers’ knowledge about products exists at

various levels as if they were in a hierarchy

Abstract ------------------------------------------------- Concrete

Page 4: Ch 4 product knowledge & involvement

Levels of Product Knowledge

Product Class Brand

Product Form Model/Feature

CoffeeGround

Instant

Folgers

Maxwell

House

1-pound can

8-ounce jar

Page 5: Ch 4 product knowledge & involvement

Types of Product Knowledge

Bundle of Attributes

Consequences

Values

Page 6: Ch 4 product knowledge & involvement

Types of Product Knowledge

Bundle of Attributes

Nike

running

shoes

Style

Comfort

$169.94

Air Lock Concrete

Abstract

Abstract

Concrete

Page 7: Ch 4 product knowledge & involvement

Types of Product KnowledgeBundle of Benefits

Nike

running

shoes

“I will look cool”

“run longer”

Benefits: Anticipated positive consequences

Risks: Potential negative consequences; functional, financial, psychosocial, physical

risks.

Psychosocial

Functional

Page 8: Ch 4 product knowledge & involvement

Types of Product KnowledgeValues: Broad goals in life

Be physically fit

Have good

health

Live a long life

Nike

running

shoes

Page 9: Ch 4 product knowledge & involvement

Instrumental Values

Preferred modes of conduct or

ways of behaving

Types of Values

Terminal Values

Preferred states of being or

broad psychological states

Page 10: Ch 4 product knowledge & involvement

Instrumental Values &Terminal

Values

Instrumental Values Ex. Competence

ambitious (hard-working)

independent (self-reliant)

imaginative (creative)

capable (competent)

courageous

Terminal ValuesEx. Personal

gratification

social recognition

comfortable life

pleasure (enjoyable life)

Sense of

accomplishment

Page 11: Ch 4 product knowledge & involvement

Types of Product Knowledge

Bundle of Attributes

Consequences

Values

Product

Self

Page 12: Ch 4 product knowledge & involvement

A means-end chain is a knowledge

structure that connects consumers’

meanings about product attributes,

consequences, and values.

The means-end chain provides a more

complete understanding of consumers’

product knowledge.

The Means-End Chain

Page 13: Ch 4 product knowledge & involvement

Attributes

Means-End Chains of

Product Knowledge

Page 14: Ch 4 product knowledge & involvement

Attributes

Consequences

Means-End Chains of

Product Knowledge

Page 15: Ch 4 product knowledge & involvement

Attributes

Consequences

Values

Means-End Chains of

Product Knowledge

Page 16: Ch 4 product knowledge & involvement

Terminal Values

Means-End Chain Model of

Consumer’s Product Knowledge

Instrumental Values

Psychosocial Consequences

Functional Consequences

Abstract Attributes

Concrete Attributes

Page 17: Ch 4 product knowledge & involvement

Means-End Chain Example:

Gillette Sensor Razor

BRAND ATTRIBUTES CONSEQUENCES VALUES

Sensor

Razor

Spring

suspension

for twin

blades

Lubricating

strip

Close shave

Smooth, soft

shave

Be well

groomed

Be

comfortable

Laddering is the technique used for uncovering means-ends chains; it involves asking Why

brand? What attribute? Why attribute? Why consequence? What value? Etc.

Page 18: Ch 4 product knowledge & involvement

Some product attributes can have more

than one means-end chain

Means-End Chain

High

Price

Spend

too

much

Good

quality

Have less to

spend on

other things

Last a long

time

Waste

of

money

Good

value

Be well

groomed

Be

comfortable

Page 19: Ch 4 product knowledge & involvement

Consumers’ Product Involvement

INVOLVEMENT

The perceived importance or

personal relevance of an

object ore event.

Page 20: Ch 4 product knowledge & involvement

Personal sources of involvement

Means-end knowledge stored in

consumers’ memories.

Factors Influencing

Involvement

Page 21: Ch 4 product knowledge & involvement

Situational sources of involvement

Aspects of the immediate physical and

social environment that activate

important consequences and values and

link them to product attributes, thus

making products and brands seem self-

relevant.

Factors Influencing

Involvement

Page 22: Ch 4 product knowledge & involvement

Model of Consumer

Product Involvement

Consumer

characteristics

Product

characteristics

Environmental

characteristics

Page 23: Ch 4 product knowledge & involvement

Model of Consumer

Product Involvement

Consumer

characteristics

Product

characteristics

Environmental

characteristics

Personal

sources

Situational

sources

Page 24: Ch 4 product knowledge & involvement

Model of Consumer

Product Involvement

Consumer

characteristics

Product

characteristics

Environmental

characteristics

Personal

sources

Situational

sources

Involvement

Page 25: Ch 4 product knowledge & involvement

Model of Consumer

Product Involvement

Consumer

characteristics

Product

characteristics

Environmental

characteristics

Personal

sources

Situational

sources

Involvement Decision

making