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IMC Chapter 11
N/A
41
Marketing
Undergraduate 2
06/07/2010

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Cards

Term
antibrand communities
Definition
group of consumers who share a common disdain for a celebrity, store or brand
Term
aspirational reference group
Definition
high-profile celebrities and athletes used in marketing efforts to promote a product
Term
blogosphere
Definition
the universe of active weblogs (online diaries)
Term
brand community
Definition
a set of consumers who share a set of social relationships based on usage or interest in a product
Term
brandfests
Definition
a corporate-sponsored event intended to promote strong brand loyalty among consumers
Term
coercive power
Definition
influencing a person by social or physical intimidation
Term
comparative influence
Definition
the process whereby a reference group influences decisions about specific brands or activities
Term
conformity
Definition
a change in beliefs or actions as a reaction to real or imagined group pressure
Term
consumer tribe
Definition
a group of people who share a lifestyle and who can identify with each other because of a shared allegiance to an activity or product
Term
decision polarization
Definition
the process whereby individuals' choices tend to become more extreme (polarized), in either a conservative or risky direction, following group discussion of alternatives
Term
deindividualization
Definition
the process whereby individual identities get submerged within a group, reducing inhibitions against socially inappropriate behavior
Term
expert power
Definition
authority derived from possessing a specific knowledge or skill
Term
guerilla marketing
Definition
promotional strategies that use unconventional locations and intensive word-of-mouth campaigns
Term
home shopping parties
Definition
a gathering where a company representative makes a sales presentation to a group of people who have gathered in the home of a friend of acquaintance
Term
homophily
Definition
the degree to which a pair of individuals is similar in terms of education, social status and beliefs
Term
information power
Definition
a person can have power simply because she knows something others would want to know.
Term
legitimate power
Definition
grant power by virtue of social agreements- like to police officers
Term
market maven
Definition
a person who often serves as a source of information about marketplace activity
Term
membership reference group
Definition
ordinary people whose consumption activities provide informational social influence
Term
negative word-of-mouth
Definition
the passing on of negative experiences involved with products or services by consumers to other other potential consumers to influence others' choices
Term
netnography
Definition
a research technique that adapts ethnographic techniques anthropologists use to study real-world cultures to understand the social dynamics of virtual communities
Term
normative influence
Definition
the process in which a reference group helps to set and enforce fundamental standards of conduct
Term
norms
Definition
the informal rules that govern what is right and wrong
Term
opinion leader
Definition
a person who is knowledgeable about products and who frequently is able to influence others' attitudes or behaviors with regard to a product category
Term
reference group
Definition
an actual or imaginary individual or group that has a significant effect on an individual's evaluations, aspirations or behavior
Term
referent power
Definition
when a person admires the qualities of a person or group he tries to imitate them
Term
reward power
Definition
a person or group with the means to provide positive reinforcement like judges
Term
risky shift
Definition
the tendency for individuals to consider riskier alternatives after conferring with a group than if members made their own decisions with no discussion
Term
shopmobbing
Definition
new Japanese practice; strangers organize online around a specific product or service and arrange to meet a certain date and time in a real-world store to negotiate a group discount
Term
social loafing
Definition
the tendency for people not to devote as much to as task when their contribution is part of a larger group effort
Term
social network
Definition
a growing practice whereby web site let members post information about themselves and make contact with others who share similar interests and opinions or who want to make business contracts
Term
social power
Definition
the capacity of one person to alter the actions or outcome of another
Term
sociometric methods
Definition
the techniques for measuring group dynamics that involve tracing communication patterns in and among groups
Term
surrogate consumer
Definition
a professional who is retained to evaluate and/or make purchase on behalf of a consumer
Term
tribal marketing strategy
Definition
linking a product's identity to an activity-based "tribe" such as basketball players
Term
viral marketing
Definition
the strategy of getting consumers to sell a product on behalf of the company that creates it
Term
viral community of consumption
Definition
a collection of people whose online interactions are based on shared enthusiasm for and knowledge of a specific consumption activity
Term
weblog
Definition
online personal journal
Term
wisdom of crowds
Definition
a perspective that argues under the right circumstances, groups are smarter than the smartest people in them; implies that large numbers of consumers can predict successful products
Term
word-of-mouth
Definition
product information transmitted by individual consumers on an informal basis
Term
expert power
Definition
putting higher weight on "expert opinions"
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