Professional Documents
Culture Documents
John C. Mowen
Michael S. Minor
PERMS
Product positioning
Product
differentiation
Elements of the
consumer
environment
Behavioral
economics
CB and marketing
research
CB and the marketing
mix
The bases of
segmentation
Behavioral
segmentaiton
Managerial
applications analysis
Application Areas of
Consumer Behavior:
Environmental Analysis
PERMS
Market Research
Segmentation of the Marketplace
Product Positioning and Product
Differentiation
Marketing-Mix Development
Product Positioning . . .
. . . is influencing how consumers
perceive a brands characteristics
relative to those of competitive
offerings
Specific Positioning
Competitive Positioning
Psychological Positioning
Product Differentiation . . .
. . . is the process of manipulating
the marketing mix so as to position
a product in a manner that allows
consumers to perceive meaningful
differences between a brand and
its competitors
Environmental
Analysis . . .
. . . is the
assessment of the
external forces
that act upon the
firm and its
customers, and
that create threats
and opportunities
The Natural
Environment . . .
. . . includes the types
of raw materials
available, pollution,
consumer fear of
contracting deadly
diseases, the expansion
of desert regions
around the globe, and
various weather
phenomena, such as
hurricanes or drought
Demographi
c
Technological
Political
Cultural
Economic
Natural
The Economic
Environment
Set
of factors involving monetary, natural, and
The Technological
Environment
Goal is to anticipate
what changes in
the technological
environment will
occur and how
these will influence
the lifestyle and
consumption
patterns of
consumers
MARKET RESEARCH . . .
. . . is applied consumer research
designed to provide management
with information on factors that
impact consumers acquisition,
consumption, and disposition of
goods, services, and ideas
Marketing-Mix Development .
Product
Pricing
Promotion
Distribution
Promotional Strategy
Advertising
Personal Selling
Sales Promotion
Applications
Public Relations
Price Changes
Product Distribution . . .
. . . will be impacted
by understanding how
consumers make their
purchasing decisions.
**Example: low
involvement decision
(e.g., purchase soft
drink), must use
extensive distribution.
Market Segmentation . . .
. . . involves
subdividing the
market place into
distinct subsets of
customers having
similar needs and
wants, each of which
can be reached with
a different marketing
mix
Four Classifications of
Segmentation Variables:
Characteristics of the
Person
Demographic Characteristics
Behavioral Segmentation:price
elasticity, benefits sought, usage
rate, brand loyalty
Benefit Segmentation
Psychographic and Personality
Characteristics
Demographics is . . .
. . . the study of population changes and
subcultural values of various demographic groups
based on such factors as age, sex, income,
education, ethnicity, and geography.
Examples of demographic variables:
age, sex, income, ethnicity, nationality, household
size, marital status, religion, education, occupation,
Consumer Situations . . .
. . . consist of the temporary
environmental factors that form the
context within which a consumer
activity occurs at a particular time and
place
Types of situations: social, physical,
task definition, time.
Geographic Segmentation
Subculture is a subdivision of a
national culture and is based on
some unifying characteristic, such
as social status or nationality
Segmenting Industrial
Markets
Different segmenting
variables are used to
classify companies into
segments including the
North American
Industry Classification
System NAICS).
Developed as part of
NAFTA in 1997.
20--2-digit codes.
Solving Managerial
Problems . .
. . . is a three-step process: