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Lesson 1: Consumer Behavior

Terms You Should Know

Review the terms at the end of the assigned chapters in the text. These terms may be on the quiz!

Chapter 1 Terms You Should Know
  • Anthropology
  • Attribute
  • Benefits
  • Cognitive psychology
  • Consumer (customer) orientation
  • Consumer behavior
  • Consumer behavior (as a field of study)
  • Consumption
  • Costs
  • Differentiated marketers
  • Economics
  • Ethnography
  • Exchange
  • Interpretive research
  • Market
  • Market orientation
  • Marketing
  • Niche marketing
  • One-to-one marketing
  • Phenomenology
  • Production orientation
  • Psychology
  • Qualitative research tools
  • Quantitative research
  • Relationship marketing
  • Researcher dependent
  • Resource-advantage theory
  • Social psychology
  • Sociology
  • Touchpoints
  • Want
Chapter 2 Terms You Should Know
  • Affect
  • Augmented product
  • Cognition
  • Consumer Value Framework (CVF)
  • Corporate strategy
  • Customer Lifetime Value (CLV)
  • Customer Relationship Management (CRM)
  • Elasticity
  • External influences
  • Hedonic value
  • Ideal points
  • Individual differences
  • Internal influences
  • Market segmentation
  • Marketing mix
  • Marketing myopia
  • Marketing strategy
  • Marketing tactics
  • Perceptual map
  • Product differentiation
  • Product positioning
  • Relationship quality
  • Situational influences
  • Social environment
  • Strategy
  • Target market
  • Total value concept
  • Utilitarian value
  • Value
  • Value co-creation

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