This document summarizes key concepts from Chapter 5 of the textbook "Consumer Behavior" regarding personality and consumer behavior. It discusses several theories of personality - Freudian theory proposes that unconscious drives motivate behavior, while trait theory examines psychological traits. Marketers can target products to different personalities. The chapter also explores how consumers' self-image and need to extend their self through possessions influences consumption.
This chapter discusses how personality influences consumer behavior. It covers several personality theories including Freudian theory which sees purchases as reflecting a consumer's unconscious needs, and trait theory which examines characteristics like innovativeness. Cognitive factors like a consumer's need for cognition are also addressed. The chapter then analyzes how personality relates to materialism, compulsive buying, and brand personalities which convey human traits. It concludes by looking at how consumers see products as ways to express their actual and ideal self-images.
The document discusses how personality influences consumer behavior. It defines personality and describes several theories of personality, including Freudian theory, neo-Freudian theory, and trait theory. It then discusses how specific personality traits like consumer innovativeness, dogmatism, social character, and need for uniqueness relate to consumer behavior. The document also covers topics like materialism, compulsive consumption, consumer ethnocentrism, product and brand personality, and self-image analysis.
Unit ii-consumer-perception-motivation in cbChandra Mohan
油
1. The document discusses consumer motivation and personality in marketing. It covers motivation theories including needs, goals, and defense mechanisms.
2. Personality theories like Freudian, trait, and self theories are examined in relation to how consumers develop personalities and self-images. Brands can take on personalities that consumers may identify with.
3. Both motivation and personality influence consumer decision making and how consumers relate to products, brands and advertising. Marketers must understand these psychological factors to effectively target consumers.
This document outlines several theories of personality and how they relate to consumer behavior, including Freudian theory, trait theory, and theories focused on cognitive personality factors. It discusses how personality influences brand personality, product personality, consumer materialism, and people's sense of self and self-image. Trait theory specifically examines traits like innovativeness, dogmatism, and optimum stimulation level that influence consumer adoption of new products. The document suggests marketers can target products to different personalities and self-images.
Introduction to Consumer Behaviour; Consumer Behaviour
and Marketing Strategy; Consumer Involvement Levels
of involvement, and Decision Making.
Consumer Decision Process Stages in Decision Process,
Information Search Process; Evaluative Criteria and
Decision Rules, Consumer Motivation Types of Consumer
Needs, Ways of Motivating Consumers. Information
Processing and Consumer Perception.
Consumer Attitudes and Attitude Change; Influence of
Personality and Self Concept on Buying Behaviour,
Psychographics and Lifestyles, Impuse Buying.
Diffusion of Innovation and Opinion Leadership, Family
Decision Making, Influence of Reference Group
Industrial Buying Behaviour Process and factors, Models
of Consumer Behaviour Harward Seth, Nicosia, E& D,
Economic Model; Introduction to Consumer Behaviour
Audit; Consumer Behaviour Studies in India.
This chapter discusses consumer buyer behavior and the factors that influence it. It introduces a model of consumer behavior that is impacted by marketing stimuli and other forces. It then describes the key characteristics affecting consumer behavior, including cultural, social, personal, and psychological factors. It outlines the major types of buying decision behaviors and stages in the buyer decision process for regular and new products. It concludes with a discussion of international differences in consumer behavior.
This document discusses theories of personality and how personality relates to consumer behavior. It covers several theories of personality, including Freudian theory, which sees unconscious drives as motivating behavior, and trait theory, which views personality as a set of traits. Neo-Freudian theory focuses on social relationships. The document also outlines the Big Five model of personality, which describes personality along five dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism. Finally, it notes that personality can influence consumer choices and consumption of broad product categories.
This document provides an overview of consumer behavior and the consumer buying decision process. It discusses key concepts such as who consumers and customers are, factors that influence consumer behavior like cultural, social, personal and psychological factors. It also outlines the typical consumer buying decision process from need recognition to post-purchase evaluation. The document examines different types of buying decisions and models of consumer behavior. Finally, it briefly discusses business buyers and the organizational buying process.
Introduction to Consumer Behaviour; Consumer Behaviour
and Marketing Strategy; Consumer Involvement Levels
of involvement, and Decision Making.
Consumer Decision Process Stages in Decision Process,
Information Search Process; Evaluative Criteria and
Decision Rules, Consumer Motivation Types of Consumer
Needs, Ways of Motivating Consumers. Information
Processing and Consumer Perception.
Consumer Attitudes and Attitude Change; Influence of
Personality and Self Concept on Buying Behaviour,
Psychographics and Lifestyles, Impuse Buying.
Diffusion of Innovation and Opinion Leadership, Family
Decision Making, Influence of Reference Group
Industrial Buying Behaviour Process and factors, Models
of Consumer Behaviour Harward Seth, Nicosia, E& D,
Economic Model; Introduction to Consumer Behaviour
Audit; Consumer Behaviour Studies in India.
This document discusses various theories of personality and how they relate to consumer behavior and lifestyle. It covers Freudian and neo-Freudian theories of personality, trait theories, and concepts like consumer innovativeness, materialism, and brand personality. Trait theories examine characteristics like need for uniqueness, sensation seeking, and variety-novelty seeking that influence consumer purchases. Brand personality associates traits like freshness with Purdue chicken and athleticism with Nike. Product personality can be expressed through gender, geography, and color. Consumers' self-image also guides their consumption choices.
This chapter discusses consumer buyer behavior and marketing concepts. It introduces a model of consumer behavior that is influenced by marketing stimuli and other factors such as cultural, social, personal and psychological characteristics. It also outlines the stages of the buyer decision process, including need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior. Finally, it describes different types of buying decision behaviors such as complex, dissonance-reducing, habitual, and variety-seeking.
Mercedes Benz regained its market leadership in luxury cars in India in July. Audi sold 705 units last month compared to Mercedes' 810 units. Hero MotorCorp is now sponsoring music festivals to connect with youth after exiting cricket sponsorships. Samsung surpassed Nokia as India's largest mobile phone maker. Brands use animated characters to promote their products on music channels. Personality reflects individual differences that determine how a person responds to their environment. Freudian and trait theories are approaches to understanding personality. Consumer personality traits like innovativeness and materialism influence product preferences and choices.
This document discusses consumer buying behavior and decision making. It covers key topics such as factors influencing consumer behavior like cultural, social, personal and psychological factors. It also discusses the buyer decision process, including problem recognition, information search, evaluation of alternatives, purchase decision, purchase, and post-purchase evaluation. Additionally, it covers customer satisfaction and the role of marketing in influencing the consumer buying process.
Chapter 5 Personality And Consumer BehaviorAvinash Kumar
油
The document discusses theories of personality and how they relate to consumer behavior. It covers Freudian theories that see consumption as reflecting unconscious drives. Neo-Freudian theory examines social relationships and feelings of inferiority. Trait theory views personality as traits like innovativeness and dogmatism that influence choices. Cognitive factors like need for cognition also affect responses to ads. Materialism and compulsive buying are examined. Color and product personalities are discussed in how they shape brand perceptions.
This chapter discusses consumer buyer behavior and the factors that influence it. It presents a model of consumer behavior that shows how marketing stimuli interacts with other stimuli to influence consumer behavior. It identifies four major factors - cultural, social, personal and psychological characteristics - that affect consumer behavior. It also describes the different types of buying decision behaviors and the five stages of the buyer decision process for new and existing products: need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior. Finally, it discusses differences in consumer behavior across international borders.
This document discusses consumer motivation and values from a psychological perspective. It covers several theories of motivation including:
- Drive theory, which proposes that biological needs create tension that drives goal-oriented behavior to reduce this tension.
- Expectancy theory, which focuses on cognitive expectations of desirable outcomes rather than biological drives.
- Maslow's hierarchy of needs, which proposes needs are satisfied in a fixed order from basic to more advanced needs. However, this model has limitations and may not apply universally across cultures.
The document also discusses unconscious motives according to psychoanalytic theory, different types of consumer needs, how involvement and affective states influence consumer behavior, and the role of values in guiding consumers' goals and choices.
This document discusses various internal determinants of consumer behavior including motivation theories, personality theories, and lifestyle factors. It describes Maslow's hierarchy of needs, McClelland's need for achievement theory, and Vroom's expectancy theory to explain consumer motivation. Regarding personality, it discusses Freudian and trait theories, as well as concepts like self-concept, lifestyle, and brand personality. It also defines activities, interests, and opinions (AIO) inventories which are used in psychographic segmentation. Marketers can use knowledge of these internal determinants to segment markets, position products, and develop promotional strategies.
Individual Determinants of Consumer BehaviourPeter vinosh
油
This document discusses various theories of personality and their implications for understanding consumer behavior. It covers Freudian theory which suggests unconscious drives influence behavior. Neo-Freudian theory emphasizes social relationships in personality development. Trait theory approaches personality as a set of traits. The document also discusses self-concept and how personality traits relate to consumer segmentation, innovation adoption, and responsiveness to marketing messages. Memory and learning processes are also examined in the context of consumer behavior.
- Consumer personality reflects individual differences that influence how consumers think and act. Personality is complex and consists of traits like innovativeness, materialism, and ethnocentrism.
- While personality is generally consistent, life events can cause it to change over time. Various theories try to explain personality and its development.
- Marketers can segment consumers and better target their products based on understanding personality traits and how they relate to consumer decision making. Consumers seek products that align with their self-image and allow them to express themselves.
This document outlines key concepts from Chapter 5 of the textbook "Consumer Behavior, Ninth Edition" by Schiffman and Kanuk on the topic of personality and consumer behavior. It discusses several theories of personality including Freudian theory, trait theory, and cognitive personality factors. It also covers topics like brand personality, product personality, consumer ethnocentrism, and how personality influences consumer decision making. The chapter presents models and frameworks to understand how personality shapes consumer preferences, choices, and relationships with brands.
Consumer decision making involves a process where consumers identify their needs, gather information about alternatives, evaluate options, and make a purchase decision. This process is influenced by psychological, economic, and environmental factors. There are three main types of consumer buying decisions - routine response behavior for everyday low-involvement purchases, limited decision making for moderate-involvement purchases, and extensive decision making for high-involvement purchases. A consumer's decision making process typically involves need recognition, information search, and leads to a purchase and post-purchase evaluation.
The document discusses factors that influence consumer buyer behavior, including cultural, social, personal, and psychological factors. It outlines models of consumer behavior, such as the 7 O's framework that examines occupants, objects, objectives, organizations, operations, occasions, and outlets. It also summarizes the consumer decision process, which involves need recognition, information search, alternative evaluation, purchase decision, and post-purchase behavior. Key influences on adoption of new products are also outlined.
The document discusses various factors that influence consumer behavior, including internal psychological factors, social factors, cultural factors, economic factors, personal factors, and environmental factors. It provides detailed explanations of each factor and how they shape consumer decisions. Some key internal factors mentioned are motivation, perception, learning, beliefs, attitudes, and personality. Social factors discussed include family, reference groups, roles and status. Cultural influences incorporate culture, subculture and social class.
consumer markets and consumer buyer behavior.pptDrMoizAkhtar
油
This document discusses consumer buying behavior and the consumer decision-making process. It identifies key factors that influence consumer behavior such as cultural, social, personal, and psychological characteristics. It also outlines the five stages of the consumer decision process: need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior. Finally, it examines differences in the decision process for new products and adoption of innovations across various consumer groups.
The document provides an overview of consumer buyer behavior. It discusses characteristics that affect consumer behavior such as cultural, social, personal, and psychological factors. It also examines Henry Assael's model of different types of buying decision behaviors based on involvement. The consumer buying decision process and process for new products are analyzed. Various buying motives and behavioral models including economic, learning, psychoanalytical, and sociological are also examined.
This document discusses theories of personality and how personality relates to consumer behavior. It covers several theories of personality, including Freudian theory, which sees unconscious drives as motivating behavior, and trait theory, which views personality as a set of traits. Neo-Freudian theory focuses on social relationships. The document also outlines the Big Five model of personality, which describes personality along five dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism. Finally, it notes that personality can influence consumer choices and consumption of broad product categories.
This document provides an overview of consumer behavior and the consumer buying decision process. It discusses key concepts such as who consumers and customers are, factors that influence consumer behavior like cultural, social, personal and psychological factors. It also outlines the typical consumer buying decision process from need recognition to post-purchase evaluation. The document examines different types of buying decisions and models of consumer behavior. Finally, it briefly discusses business buyers and the organizational buying process.
Introduction to Consumer Behaviour; Consumer Behaviour
and Marketing Strategy; Consumer Involvement Levels
of involvement, and Decision Making.
Consumer Decision Process Stages in Decision Process,
Information Search Process; Evaluative Criteria and
Decision Rules, Consumer Motivation Types of Consumer
Needs, Ways of Motivating Consumers. Information
Processing and Consumer Perception.
Consumer Attitudes and Attitude Change; Influence of
Personality and Self Concept on Buying Behaviour,
Psychographics and Lifestyles, Impuse Buying.
Diffusion of Innovation and Opinion Leadership, Family
Decision Making, Influence of Reference Group
Industrial Buying Behaviour Process and factors, Models
of Consumer Behaviour Harward Seth, Nicosia, E& D,
Economic Model; Introduction to Consumer Behaviour
Audit; Consumer Behaviour Studies in India.
This document discusses various theories of personality and how they relate to consumer behavior and lifestyle. It covers Freudian and neo-Freudian theories of personality, trait theories, and concepts like consumer innovativeness, materialism, and brand personality. Trait theories examine characteristics like need for uniqueness, sensation seeking, and variety-novelty seeking that influence consumer purchases. Brand personality associates traits like freshness with Purdue chicken and athleticism with Nike. Product personality can be expressed through gender, geography, and color. Consumers' self-image also guides their consumption choices.
This chapter discusses consumer buyer behavior and marketing concepts. It introduces a model of consumer behavior that is influenced by marketing stimuli and other factors such as cultural, social, personal and psychological characteristics. It also outlines the stages of the buyer decision process, including need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior. Finally, it describes different types of buying decision behaviors such as complex, dissonance-reducing, habitual, and variety-seeking.
Mercedes Benz regained its market leadership in luxury cars in India in July. Audi sold 705 units last month compared to Mercedes' 810 units. Hero MotorCorp is now sponsoring music festivals to connect with youth after exiting cricket sponsorships. Samsung surpassed Nokia as India's largest mobile phone maker. Brands use animated characters to promote their products on music channels. Personality reflects individual differences that determine how a person responds to their environment. Freudian and trait theories are approaches to understanding personality. Consumer personality traits like innovativeness and materialism influence product preferences and choices.
This document discusses consumer buying behavior and decision making. It covers key topics such as factors influencing consumer behavior like cultural, social, personal and psychological factors. It also discusses the buyer decision process, including problem recognition, information search, evaluation of alternatives, purchase decision, purchase, and post-purchase evaluation. Additionally, it covers customer satisfaction and the role of marketing in influencing the consumer buying process.
Chapter 5 Personality And Consumer BehaviorAvinash Kumar
油
The document discusses theories of personality and how they relate to consumer behavior. It covers Freudian theories that see consumption as reflecting unconscious drives. Neo-Freudian theory examines social relationships and feelings of inferiority. Trait theory views personality as traits like innovativeness and dogmatism that influence choices. Cognitive factors like need for cognition also affect responses to ads. Materialism and compulsive buying are examined. Color and product personalities are discussed in how they shape brand perceptions.
This chapter discusses consumer buyer behavior and the factors that influence it. It presents a model of consumer behavior that shows how marketing stimuli interacts with other stimuli to influence consumer behavior. It identifies four major factors - cultural, social, personal and psychological characteristics - that affect consumer behavior. It also describes the different types of buying decision behaviors and the five stages of the buyer decision process for new and existing products: need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior. Finally, it discusses differences in consumer behavior across international borders.
This document discusses consumer motivation and values from a psychological perspective. It covers several theories of motivation including:
- Drive theory, which proposes that biological needs create tension that drives goal-oriented behavior to reduce this tension.
- Expectancy theory, which focuses on cognitive expectations of desirable outcomes rather than biological drives.
- Maslow's hierarchy of needs, which proposes needs are satisfied in a fixed order from basic to more advanced needs. However, this model has limitations and may not apply universally across cultures.
The document also discusses unconscious motives according to psychoanalytic theory, different types of consumer needs, how involvement and affective states influence consumer behavior, and the role of values in guiding consumers' goals and choices.
This document discusses various internal determinants of consumer behavior including motivation theories, personality theories, and lifestyle factors. It describes Maslow's hierarchy of needs, McClelland's need for achievement theory, and Vroom's expectancy theory to explain consumer motivation. Regarding personality, it discusses Freudian and trait theories, as well as concepts like self-concept, lifestyle, and brand personality. It also defines activities, interests, and opinions (AIO) inventories which are used in psychographic segmentation. Marketers can use knowledge of these internal determinants to segment markets, position products, and develop promotional strategies.
Individual Determinants of Consumer BehaviourPeter vinosh
油
This document discusses various theories of personality and their implications for understanding consumer behavior. It covers Freudian theory which suggests unconscious drives influence behavior. Neo-Freudian theory emphasizes social relationships in personality development. Trait theory approaches personality as a set of traits. The document also discusses self-concept and how personality traits relate to consumer segmentation, innovation adoption, and responsiveness to marketing messages. Memory and learning processes are also examined in the context of consumer behavior.
- Consumer personality reflects individual differences that influence how consumers think and act. Personality is complex and consists of traits like innovativeness, materialism, and ethnocentrism.
- While personality is generally consistent, life events can cause it to change over time. Various theories try to explain personality and its development.
- Marketers can segment consumers and better target their products based on understanding personality traits and how they relate to consumer decision making. Consumers seek products that align with their self-image and allow them to express themselves.
This document outlines key concepts from Chapter 5 of the textbook "Consumer Behavior, Ninth Edition" by Schiffman and Kanuk on the topic of personality and consumer behavior. It discusses several theories of personality including Freudian theory, trait theory, and cognitive personality factors. It also covers topics like brand personality, product personality, consumer ethnocentrism, and how personality influences consumer decision making. The chapter presents models and frameworks to understand how personality shapes consumer preferences, choices, and relationships with brands.
Consumer decision making involves a process where consumers identify their needs, gather information about alternatives, evaluate options, and make a purchase decision. This process is influenced by psychological, economic, and environmental factors. There are three main types of consumer buying decisions - routine response behavior for everyday low-involvement purchases, limited decision making for moderate-involvement purchases, and extensive decision making for high-involvement purchases. A consumer's decision making process typically involves need recognition, information search, and leads to a purchase and post-purchase evaluation.
The document discusses factors that influence consumer buyer behavior, including cultural, social, personal, and psychological factors. It outlines models of consumer behavior, such as the 7 O's framework that examines occupants, objects, objectives, organizations, operations, occasions, and outlets. It also summarizes the consumer decision process, which involves need recognition, information search, alternative evaluation, purchase decision, and post-purchase behavior. Key influences on adoption of new products are also outlined.
The document discusses various factors that influence consumer behavior, including internal psychological factors, social factors, cultural factors, economic factors, personal factors, and environmental factors. It provides detailed explanations of each factor and how they shape consumer decisions. Some key internal factors mentioned are motivation, perception, learning, beliefs, attitudes, and personality. Social factors discussed include family, reference groups, roles and status. Cultural influences incorporate culture, subculture and social class.
consumer markets and consumer buyer behavior.pptDrMoizAkhtar
油
This document discusses consumer buying behavior and the consumer decision-making process. It identifies key factors that influence consumer behavior such as cultural, social, personal, and psychological characteristics. It also outlines the five stages of the consumer decision process: need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior. Finally, it examines differences in the decision process for new products and adoption of innovations across various consumer groups.
The document provides an overview of consumer buyer behavior. It discusses characteristics that affect consumer behavior such as cultural, social, personal, and psychological factors. It also examines Henry Assael's model of different types of buying decision behaviors based on involvement. The consumer buying decision process and process for new products are analyzed. Various buying motives and behavioral models including economic, learning, psychoanalytical, and sociological are also examined.
The document discusses the concept of the multiplier, which refers to the total change in aggregate income resulting from a change in autonomous expenditures. It provides examples to show how an initial $1 million injection is multiplied through subsequent rounds of spending, consumption, and savings. The multiplier depends on the marginal propensity to consume (MPC), with a higher MPC resulting in a larger multiplier. The document also discusses different types of multipliers, such as the investment, consumption, government and tax multipliers, and how they are calculated. It provides a practice question as an example.
This chapter introduces managerial accounting and its key differences from financial accounting. It discusses the work of management, which includes planning, decision making, and controlling. It also covers topics that managerial accountants use to support management, such as budgets, performance reports, process management, lean production, risk management, and measurement skills. The primary purpose of the course is to teach measurement skills to support management's planning, controlling, and decision-making activities.
1. The document compares and contrasts job-order costing and process costing. Process costing accumulates costs by department rather than individual jobs and computes unit costs by department rather than per job.
2. Processing departments are where materials, labor, or overhead are added to products uniformly. In process costing, products typically flow sequentially from one department to the next.
3. The document outlines the flow of costs including direct materials, direct labor, manufacturing overhead, and cost of goods sold through the manufacturing accounts under process costing. Costs flow from raw materials to work in process to finished goods and eventually to cost of goods sold.
The Ultimate Guide for Easy and Effective Content Creation 2025.pdfNirahealthy
油
Chapter 1: Understanding Content Creation in 2025
Definition of Content Creation
Content creation is the process of generating ideas, crafting messages, and producing materials that engage and inform an audience. It encompasses a wide range of formats, including blog posts, videos, podcasts, infographics, and more.
Types of Content
Written Content: Blogs, articles, eBooks, and social media posts.
Visual Content: Images, infographics, videos, and animations.
Audio Content: Podcasts, audiobooks, and voiceovers.
Interactive Content: Quizzes, polls, AR/VR experiences, and gamified content.
The Role of AI and Automation
AI and automation are revolutionizing content creation by streamlining processes, enhancing creativity, and enabling personalization at scale. Tools like ChatGPT and Jasper are helping creators generate ideas, write copy, and even edit content in minutes.
Trends Shaping Content Creation in 2025
"Personalization: Crafting content that aligns with individual preferences and behaviors."
"Short-Form Content: Revolutionized by platforms like TikTok, Instagram Reels, and YouTube Shorts, which dominate social media engagement."
Immersive Experiences: AR/VR and interactive content gaining traction.
Sustainability: Eco-friendly and ethical content practices.
Chapter 2: Setting Goals for Your Content
Why Goal-Setting is Crucial
Without clear goals, content creation can feel aimless and ineffective. Goals provide direction, help measure success, and ensure your efforts align with your overall objectives.
Types of Goals
Brand Awareness: Increasing visibility and recognition.
Lead Generation: Attracting potential customers.
Engagement: Building relationships with your audience.
Conversions: Driving sales or other desired actions.
Aligning Content Goals with Business Objectives
"Align your content goals to directly drive and support your core business objectives.". For example, if your goal is to increase sales, focus on creating content that highlights your products and includes strong CTAs.
Tools for Tracking and Measuring Performance
Google Analytics
HubSpot
SEMrush
Hootsuite
Click here to get "Content Creation" from official website
Chapter 3: Tools and Technologies for Easy Content Creation
AI-Powered Content Creation Tools
ChatGPT: For generating ideas and writing copy.
Jasper: For creating blog posts and marketing materials.
Canva: For designing visuals and graphics.
Video and Audio Editing Software
Adobe Premiere Pro: For professional video editing.
Audacity: For audio editing and podcast production.
InVideo: For beginner-friendly video creation.
Platforms for Automating Content Distribution
Buffer: For scheduling social media posts.
Mailchimp: For email marketing automation.
Hootsuite: For managing multiple social media accounts.
Emerging Technologies
AR/VR: For creating immersive experiences.
AI-Generated Visuals: Tools like DALL揃E for generating unique images.
Farmer Producer Organizations (FPOs) in India: Strengthening Agricultural Val...Sunita C
油
This presentation explores the role of FPOs in empowering small and marginal farmers, improving market access, enhancing bargaining power, promoting sustainable agriculture, and addressing challenges in agricultural trade, financing, and policy support.
Pearson's Chi-square Test for Research AnalysisYuli Paul
油
The Chi-Square test is a powerful statistical tool used to analyze categorical data by comparing observed and expected frequencies. It helps determine whether a dataset follows an expected distribution (Goodness-of-Fit Test) or whether two categorical variables are related (Test for Independence). Being a non-parametric test, it is widely applicable but requires large sample sizes and independent observations for reliable results. While it identifies associations between variables, it does not measure causation or the strength of relationships. Despite its limitations, the Chi-Square test remains a fundamental method in statistics for hypothesis testing in various fields.
How to Get an ISIN for a Private Company This presentation provides a compreh...nextgenregistry
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Private companies must now convert physical shares to electronic form. ISIN plays a key role by enabling: smooth transfers per regulations; reducing risks like loss, damage or forgery from physical holding; and bolstering investor trust and governance through compliance and transparency.
_Offshore Banking and Compliance Requirements.pptxLDM Global
油
Offshore banking allows individuals and businesses to hold accounts in foreign jurisdictions, offering benefits like privacy, asset protection, and potential tax advantages. However, strict compliance regulations govern these banks to prevent financial crimes. Key requirements include Know Your Customer (KYC) and Anti-Money Laundering (AML) laws, along with international regulations like FATCA (for U.S. taxpayers) and CRS (for global tax transparency).
THSYU Launches Innovative Cryptocurrency Platform: A New Era of Secure and Ef...Google
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THSYU, a trailblazer in the global cryptocurrency trading landscape, is thrilled to announce the launch of its cutting-edge trading platform. This innovative platform is meticulously designed to provide secure, efficient, and user-friendly trading solutions. With this development, THSYU solidifies its position in the competitive cryptocurrency market while demonstrating its commitment to leveraging advanced technology for the protection of user assets.
AP Automation: The Competitive Advantage Your Business NeedsAggregage
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https://www.accountantadvocate.com/frs/27799174/building-a-business-case-for-finance-automation
Struggling to get buy-in for finance automation? Learn how to build a compelling business case and streamline your purchase-to-pay process to drive efficiency, reduce costs, and stay ahead of the competition.
Economic Revitalization for Pakistan: An OverviewVaqar Ahmed
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The "Draft Economic Agenda 2018" by SDPI outlined a framework for Pakistan's economic revitalisation, addressing deep-rooted structural issues.
The project work highlighted the country's persistent challenges: low productivity, inequitable distribution of wealth, environmental degradation, and a narrow tax base. It critiqued the prevailing growth model, which it argued has exacerbated inequalities and neglected human development.
The agenda advocated for a paradigm shift, emphasizing:
Inclusive Growth: Prioritizing job creation, poverty reduction, and equitable access to resources, particularly for marginalized groups.
Sustainable Development: Integrating environmental considerations into economic planning, promoting renewable energy, and addressing climate change impacts.
Industrial Diversification: Moving away from reliance on traditional sectors, fostering innovation, and promoting value-added manufacturing.
Human Capital Development: Investing in education, healthcare, and skills training to enhance productivity and competitiveness.
Fiscal Reforms: Expanding the tax base, improving tax administration, and reducing reliance on external debt.
Agricultural Transformation: Promoting sustainable agriculture, improving land management, and enhancing food security.
Energy Security: Diversifying energy sources, promoting renewable energy, and improving energy efficiency.
Regional Cooperation: Strengthening trade and economic ties with neighboring countries.
Governance Reforms: Enhancing transparency, accountability, and citizen participation in economic decision-making.
The agenda proposed specific policy recommendations, including:
Targeted investments in infrastructure, education, and healthcare.
Incentives for small and medium enterprises (SMEs).
Reforms to improve the ease of doing business.
Measures to promote financial inclusion.
Policies to address climate change and environmental degradation.
Nadia Daweds remarkable journey in financial management reflects her commitment to delivering measurable results. With extensive experience in supply chain financial analysis and compliance, she ensures businesses operate efficiently and profitably. Her ability to collaborate with cross-functional teams and implement strategic solutions makes her an invaluable leader in financial operations.
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2. 5 - 2
Chapter Outline
Personality Theories
Product Personality
The Self and Self-Image
3. 5 - 3
What Is Personality
The inner psychological characteristics
that both determine and reflect how a
person responds to his or her
environment
Personality is the distinctive, consistent,
and enduring patterns of behavior that
characterize an individuals responses
to situations in his or her life
4. 5 - 4
The Nature of Personality
Personality reflects individual
differences
Personality is consistent and enduring
Personality can change
5. 5 - 5
Discussion Questions
How would you describe your
personality?
How does it influence products that
you purchase?
6. 5 - 6
Theories of Personality
Freudian theory
Unconscious needs or drives are at the
heart of human motivation
Neo-Freudian personality theory
Social relationships are fundamental to the
formation and development of personality
Trait theory
Quantitative approach to personality as a
set of psychological traits
8. 5 - 8
Freudian Theory
Id
Warehouse of primitive or instinctual needs for
which individual seeks immediate satisfaction
Superego
Individuals internal expression of societys moral
and ethical codes of conduct
Ego
Individuals conscious control that balances the
demands of the id and superego
10. 5 - 10
Freudian Theory and
Product Personality
Consumer researchers using Freuds
personality theory see consumer
purchases as a reflection and
extension of the consumers own
personality
11. 5 - 11
Neo-Freudian Personality Theory
We seek goals to overcome feelings of
inferiority (style of life) by Alfred Adler
We continually attempt to establish
relationships with others to reduce tensions
such as anxiety by H S Sullivan
Karen Horney was interested in child-parent
relationships and desires to conquer feelings
of anxiety. Proposed three personality groups
Compliant move toward others, they desire to be
loved, wanted, and appreciated
Aggressive move against others
Detached move away from others
12. 5 - 12
Trait Theory
Personality theory with a focus on
psychological characteristics
Trait - any distinguishing, relatively
enduring way in which one individual
differs from another
Personality is linked to how consumers
make their choices or to consumption
of a broad product category - not a
specific brand
13. 5 - 13
Trait Theory
Innovativeness
Dogmatism
Social character
Need for uniqueness
Optimum stimulation
level
Variety-novelty
seeking
The degree to which
consumers are
receptive to new
products, new
services, or new
practices
Consumer Innovators
And Noninnovators
14. 5 - 14
Trait Theory
Innovativeness
Dogmatism
Social character
Need for uniqueness
Optimum stimulation
level
Variety-novelty
seeking
A personality trait that
reflects the degree of
rigidity a person
displays toward the
unfamiliar and toward
information that is
contrary to his or her
own established
beliefs
Consumer Innovators
And Noninnovators
15. 5 - 15
Trait Theory
Innovativeness
Dogmatism
Social character
Need for uniqueness
Optimum stimulation
level
Variety-novelty seeking
Ranges on a continuum
for inner-directedness to
other-directedness
Inner-directedness
rely on own values when
evaluating products
Innovators
Other-directedness
look to others
less likely to be innovators
Consumer Innovators
And Noninnovators
16. 5 - 16
Trait Theory
Innovativeness
Dogmatism
Social character
Need for uniqueness
Optimum stimulation
level
Variety-novelty
seeking
Consumers who
avoid appearing to
conform to
expectations or
standards of others
Consumer Innovators
And Noninnovators
17. 5 - 17
Table 5.4 Excerpt
A Sample Items from a Consumers Need for
Uniqueness Scale
1. I collect unusual products as a way of telling
people Im different
2. When dressing, I have sometimes dared to be
different in ways that others are likely to
disapprove
3. When products or brands I like become extremely
popular, I lose interest in them
4. As far as Im concerned, when it comes to the
products I buy and the situations in which I use
them, custom and rules are made to be broken
5. I have sometimes purchased unusual products or
brands as a way to create a more distinctive
personal image
18. 5 - 18
Trait Theory
Innovativeness
Dogmatism
Social character
Need for uniqueness
Optimum stimulation
level
Variety-novelty seeking
A personality trait that
measures the level or
amount of novelty or
complexity that
individuals seek in their
personal experiences
High OSL consumers tend
to accept risky and novel
products more readily
than low OSL consumers.
Consumer Innovators
And Noninnovators
19. 5 - 19
Trait Theory
Innovativeness
Dogmatism
Social character
Need for uniqueness
Optimum stimulation
level
Variety-novelty
seeking
Measures a consumers
degree of variety
seeking
Examples include:
Exploratory Purchase
Behavior
Use Innovativeness
Vicarious Exploration
Consumer Innovators
And Noninnovators
20. 5 - 20
Cognitive Personality Factors
Need for cognition (NC)
A persons craving for enjoyment of
thinking
Individual with high NC more likely to
respond to ads rich in product information
Visualizers versus verbalizers
A persons preference for information
presented visually or verbally
Verbalizers prefer written information over
graphics and images.
21. 5 - 21
Discussion Question
How does NC and visualizer/verbalizer
affect advertisers?
Which media is best for each group?
22. 5 - 22
The BIG Five Model
The Big Five factors and their constituent traits can be summarized as
follows:
Openness (inventive/curious vs. consistent/cautious). Appreciation
for art, emotion, adventure, unusual ideas, curiosity, and variety of
experience.
Conscientiousness (efficient/organized vs. easy-going/careless). A
tendency to show self-discipline, act dutifully, and aim for achievement;
planned rather than spontaneous behaviour.
Extraversion (outgoing/energetic vs. shy/reserved). Energy, positive
emotions, surgency, and the tendency to seek stimulation in the
company of others.
Agreeableness (friendly/compassionate vs. cold/unkind). A tendency
to be compassionate and cooperative rather than suspicious and
antagonistic towards others.
Neuroticism (sensitive/nervous vs. secure/confident). A tendency to
experience unpleasant emotions easily, such as anger, anxiety,
depression, or vulnerability.
24. 5 - 24
From Consumer Materialism
to Compulsive Consumption
Consumer materialism
The extent to which a person is considered
materialistic
Fixated consumption behavior
Consumers fixated on certain products or
categories of products
Compulsive consumption behavior
Addicted or out-of-control consumers
25. 5 - 25
Table 5.6 Sample Items to Measure
Compulsive Buying
1. When I have money, I cannot help but spend
part or the whole of it.
2. I am often impulsive in my buying behavior.
3. As soon as I enter a shopping center, I have an
irresistible urge to go into a shop to buy
something.
4. I am one of those people who often responds to
direct mail offers.
5. I have often bought a product that I did not
need, while knowing I had very little money
left.
26. 5 - 26
Consumer Ethnocentrism
Ethnocentric consumers feel it is
wrong to purchase foreign-made
products
They can be targeted by stressing
nationalistic themes
27. 5 - 27
1. American people should always buy American-made
products instead of imports.
2. Only those products that are unavailable in the U.S.
should be imported.
3. Buy American-made products. Keep America working.
4. Purchasing foreign-made products is un-American.
5. It is not right to purchase foreign products, because it puts
Americans out of jobs.
6. A real American should always buy American-made
products.
7. We should purchase products manufactured in America
instead of letting other countries get rich off us.
8. It is always best to purchase American products.
Table 5.7
Items from the Cons. Ethnocentric
Tendencies (CETSCALE)
28. 5 - 28
Brand Personality
Personality-like traits associated with brands
Examples
Purdue and freshness
Nike and athlete
BMW is performance driven
Levis 501 jeans are dependable and rugged
Brand personality which is strong and
favorable will strengthen a brand but not
necessarily demand a price premium
29. 5 - 29
Discussion Questions
Pick three of your favorite brands.
Describe their personality. Do they
have a gender? What personality traits
do they have?
30. 5 - 30
A Brand Personality Framework
Figure 5.8
31. 5 - 31
Product Personality Issues
Gender
Often used for brand personalities
Some product perceived as masculine (coffee and
toothpaste) while others as feminine (bath soap and
shampoo)
Geography
Actual locations like Philadelphia cream cheese and
Arizona iced tea
Fictitious names also used such as Hidden Valley and Bear
Creek
Color
Color combinations in packaging and products denotes
personality
32. Commands
respect, authority
Americas favored color
IBM holds the title to blue
Associated with club soda
Men seek products packaged in blue
Houses painted blue are avoided
Low-calorie, skim milk
Coffee in a blue can perceived as mild
Caution, novelty,
temporary,
warmth
Eyes register it faster
Coffee in yellow can perceived as weak
Stops traffic
Sells a house
Secure, natural,
relaxed or easy-
going, living
things
Good work environment
Associated with vegetables and chewing gum
Canada Dry ginger ale sales increased when it
changed sugar-free package from red to green
and white
BLUE
BLUE
YELLOW
YELLOW
GREEN
GREEN
The Personality-like Associations of Colors
33. 5 - 33
Copyright 2007 by Prentice Hall
Human, exciting,
hot, passionate,
strong
Makes food smell better
Coffee in a red can perceived as rich
Women have a preference for bluish red
Men have a preference for yellowish red
Coca-Cola owns red
Powerful,
affordable, informal
Draws attention quickly
Informal and
relaxed, masculine,
nature
Coffee in a dark-brown can was too
strong
Men seek products packaged in brown
Goodness, purity,
chastity,
cleanliness,
delicacy,
refinement,
formality
Suggests reduced calories
Pure and wholesome food
Clean, bath products, feminine
Sophistication,
power, authority,
mystery
Powerful clothing
High-tech electronics
Regal, wealthy,
stately
Suggests premium price
RED
RED
ORANGE
ORANGE
BROWN
BROWN
WHITE
WHITE
BLACK
BLACK
SILVER,
SILVER,
GOLD
GOLD
34. 5 - 34
Self and Self-Image
Consumers have a variety of enduring
images of themselves
These images are associated with
personality in that individuals
consumption relates to self-image
35. 5 - 35
The Marketing Concept
One or multiple
selves
Makeup of the
self-image
Extended self
Altering the self-
image
A single consumer will
act differently in
different situations or
with different people
We have a variety of
social roles
Marketers can target
products to a
particular self
Issues Related to
Self and Self-Image
36. 5 - 36
The Marketing Concept
One or multiple
selves
Makeup of the self -
image
Extended self
Altering the self-
image
Contains traits, skills, habits,
possessions, relationships
and way of behavior
Developed through
background, experience,and
interaction with others
Consumers select products
congruent with this image
Issues Related to
Self and Self-Image
37. 5 - 37
Different Self-Images
Actual Self-
Image
Ideal Self-Image
Ideal Social
Self-Image
Social Self-Image
Expected
Self-Image
38. 5 - 38
The Marketing Concept
One or multiple
selves
Makeup of the
self-image
Extended self
Altering the self-
image
Possessions can extend
self in a number of ways:
Actually
Symbolically
Conferring status or rank
Bestowing feelings of
immortality
Endowing with magical
powers
Issues Related to
Self and Self-Image
39. 5 - 39
The Marketing Concept
One or multiple
selves
Makeup of the
self-image
Extended self
Altering the self
-image
Consumers use self-
altering products to
express individualism
by
Creating new self
Maintaining the existing
self
Extending the self
Conforming
Issues Related to
Self and Self-Image