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Marketing340 Advertising-Lecture 5 - The Consumer Audience
Marketing340 Advertising-Lecture 5 - The Consumer Audience
MKT340
[LECTURE CONTENT: 05]
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Md Azzajur Rahman_Email: azzajur@iub.edu.bd
CORE CONSUMER VALUES
• A sense of belonging
• Excitement
• Fun and enjoyment
• Warm relationships
• Self-fulfillment
• Respect from others
• A sense of
accomplishment
• Security
• Self-respect
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Md Azzajur Rahman_Email: azzajur@iub.edu.bd
HOW ADVERTISERS TAP INTO
CORE VALUES OF CUSTOMERS ?
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Md Azzajur Rahman_Email: azzajur@iub.edu.bd
CONSUMER MOTIVATION
AND ADVERTISEMENT
Consumer needs vary, so do their wants
Maslow’s hierarchy
of needs:
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Md Azzajur Rahman_Email: azzajur@iub.edu.bd
CONSUMER PERCEPTION AND
ADVERTISEMENT
• Selective perception: Screens and filters
• Selective exposure—consumers filter out 96% ad they see
• Selective distortion—consumers believe what they already
believe
• Selective retention—information that get locked in memory for
future reference; ad can help
• Satisfaction: Advertisers can raise expectation and
disappoint customer at times
• Cognitive dissonance: we tend to justify or rationalize the
discrepancies between what we thought we would receive
and what we actually received; aftermarketing can help to
mitigate mental discomfort
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Md Azzajur Rahman_Email: azzajur@iub.edu.bd
CONSUMER PERSONALITY
TRAITS AND ADVERTISEMENT
Human personality traits—old-fashioned, lively, efficient,
glamorous, rugged, romantic, helpful, snobbish, sophisticated,
warm, dependable—has been adapted to brands with the idea
that brand personalities can be created to make them
distinctive from their competitors
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Md Azzajur Rahman_Email: azzajur@iub.edu.bd
CONSUMER VALUES, LIFESTYLE
AND ADVERTISEMENT
VALS: Values and
Lifestyle Systems
• Trend spotters:
professional
researchers hired by
ad agency to identify
trends that may affect
consumer behavior
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Md Azzajur Rahman_Email: azzajur@iub.edu.bd
INNOVATION, ADOPTION
BEHAVIOR AND ADVERTISEMENT
Diffusion of Innovation By Everett Rogers
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Md Azzajur Rahman_Email: azzajur@iub.edu.bd
CONSUMER DECISION PROCESS
AND ADVERTISEMENT
AD
AD
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Md Azzajur Rahman_Email: azzajur@iub.edu.bd
HIGH AND LOW INVOLVEMENT
DECISION PROCESS
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Md Azzajur Rahman_Email: azzajur@iub.edu.bd
B2B PURCHASE DECISIONS
AND ADVERTISEMENT
• Buying committee review the options
• Rational and quantitative criteria dominates most
decisions
• Decisions are made based on a set of specifications to
potential suppliers who then bid on the contract—
typically the lowest bid wins
• Decisions may span a considerable time. Once made,
decisions may be in place for a long time
• Quality is hugely important, and repeat purchases are
based on how well the product performs
• Personal selling is critically important in B2B
marketing, so advertising is used to open the door
and generate leads for the sales force
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Md Azzajur Rahman_Email: azzajur@iub.edu.bd