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Attitudes
Global evaluative judgments
Intentions
Subjective judgments by people about how they will behave in the future
Beliefs
Subjective judgments about the relationship between two or more things
Feelings
An affective state (e.g. current mood state) or reaction (e.g. emotions experienced during product consumption)
Consumer beliefs
A sampling of consumer beliefs
If a deal seems to good to be true, it probably is. You cant believe what most advertising says these days. Auto repair shops take advantage of women. People need less money to live on once they retire. Its not safe to use credit cards on the Internet. Appliances today are not as durable as they were 20 years ago. Extended warranties are worth the money. You get what you pay for: lower price means lower quality. Changing the oil in your car every three thousand miles is a waste of money.
Consumer beliefs
Expectations Brand distinctiveness Inferential beliefs Consumer confusion
Consumer expectations
Expectations are beliefs about the future Consumers willingness to spend is influenced by beliefs about their financial future
Brand distinctiveness
Why should a consumer want to buy your brand instead of the competitors? The desirability of products having something unique to offer to their consumers is also known as the Unique Selling Proposition (USP)
Inferential beliefs
Consumers use information about one thing to form beliefs about something else Beliefs are often inferred when product information is incomplete Also undertaken when consumers interpret certain product attributes as signals of product quality, e.g. price-quality inferential beliefs
Consumer confusion
Sometimes consumers do not know what to believe due to many different reasons
May arise due to conflicting information and knowledge Mistaking one companys product for the product of another company Due to changes in a products position and image
Negative
Angry Annoyed Bad Bored Critical Defiant Disgusted Fed-up Insulted Irritated Regretful
Warm
Affectionate Calm Concerned Contemplative Emotional Hopeful Kind Peaceful Pensive Touched Warm-hearted
Consumer feelings
Feelings as part of the advertising experience Feelings as part of the shopping experience Feelings as part of the consumption experience
Consumer feelings
Feelings as part of the advertising experience
Feelings activated by the advertisement have the potential to influence attitudes formed about the featured product The program in which advertising appears can induce feelings and affect post-message attitudes
Consumer feelings
Feelings as part of the shopping experience
The retail environment elicits different feelings in consumers ultimately affecting their attitudes and behaviours in the store The shopping environment can evoke pleasure, arousal, or dominance in consumers
Consumer attitudes
Properties of attitudes:
Valence: Whether the attitude is positive, negative or neutral Extremity: The intensity of liking or disliking Resistance: Degree to which the attitude is immune to change Confidence: Belief that attitude is correct Accessibility: How easily the attitude can be retrieved from memory
Types of attitudes
Attitude towards the object (Ao) represents the evaluation of the attitude object Attitude towards the advertisement (Aad) represents the global evaluation of an advertisement Attitude towards the behaviour (Ab) represents the evaluation of performing a particular behaviour involving the attitude object Preferences represent attitudes toward one object in relation to another
Preference:
Compared to Apple personal computers, how much do you like Dell personal computers? Like IBM much 1 2 3 4 5 Like Apple much more than Apple more than IBM
Ao =
i =1
bi ei
Ao = attitude toward the object bi = strength of the belief that object has attribute i ei = evaluation of attribute i n = number of salient or important attributes
Consumer attitudes
Companies want consumers to perceive their products as:
possessing desirable attributes (when ei positive, bi should be positive) not possessing undesirable attributes (when ei is negative, bi should be negative)
AP =
i =1
Wi Ii - Xi
AP = attitude toward product Wi = importance of attribute i Ii = ideal performance on attribute i Xi = belief about products actual performance on attribute i n = number of salient attributes
Poor
Neglected Opportunity Competitive Disadvantage Competitive Advantage Head-to-head competition Null Opportunity False Alarm False Advantage False Competition
Consumer intentions
Useful for firms when predicting how people will act as consumers
How much existing product should be produced to meet demand? How much demand will there be for a new product?
Types of intentions
Spending intentions Purchase intentions Repurchase intentions Shopping intentions Search intentions Consumption intentions
Types of intentions
Spending intentions reflect how much money consumers think they will spend
Will you spend at least $1,000 on Christmas gifts this year? No chance 1 2 3 4 5 6 7 I definitely will
Types of intentions
Repurchase intentions indicate whether consumers anticipate buying the same product or brand again
The next time you purchase coffee, will you buy the same brand? No chance 1 2 3 4 5 6 7 I definitely will
Shopping intentions capture where consumers plan on making their product purchases
Will you shop at Wal*Mart during the next 30 days? No chance 1 2 3 4 5 6 7 I definitely will
Types of intentions
Search intentions indicate consumers intentions to engage in external search
The next time you need to be hospitalised, will you speak to your doctor before choosing a hospital? No chance 1 2 3 4 5 6 7 I definitely will
Cant control whether consumers act upon their intentions Can influence predictive accuracy Intentions predictive accuracy strongly depends on how they are measured The more closely intention measures correspond to the to-be-predicted behaviour, the greater the predictive accuracy
Accuracy of forecasts also depends on when intentions are measured How far into the future is being predicted? Accuracy depends on the to-be-predicted behaviour (behaviours repeated with regularity are easier to predict)