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Consumer Intentions, Attitudes, Beliefs, and Feelings

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How much of an existing product should be produced to meet demand? ... Volitional control: the degree to which a behavior can be performed at will ... – PowerPoint PPT presentation

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Title: Consumer Intentions, Attitudes, Beliefs, and Feelings


1
Chapter 10
  • Consumer Intentions, Attitudes, Beliefs, and
    Feelings

2
Consumer Intentions
  • Useful for firms when predicting how people will
    act as consumers
  • How much of an existing product should be
    produced to meet demand?
  • How much demand will there be for a new product?
  • Firms are interested in where consumers will buy,
    when they will buy, and how much they will buy

3
How Firms Can Predict Behavior
  • Rely on past behavior to predict future behavior
  • Problems
  • Situations change (changes in market can cause
    unpredictable changes in demand)
  • Sales trends are sometimes erratic
  • Past behaviors not available for new products or
    first-time behaviors
  • Research can overcome these problems
  • AC Nielsen BASES

4
How Firms Can Predict Behavior
  • Intentions subjective judgments about how we
    will behave in the future
  • People often do what they intend
  • Intentions can change
  • Intend to do something and dont
  • Intend not to do something and do

5
Limitations
  • Measuring intentions may be less predictive of
    future behavior than measuring what they expect
    to do
  • Behavioral expectations represent perceived
    likelihood of performing a behavior
  • Although smokers may intend to quit smoking, they
    may report more moderate expectations due to past
    failures

6
Limitations
  • Accuracy of forecasts depends on when intentions
    are measured
  • How far into the future is being predicted?
  • Volitional control the degree to which a
    behavior can be performed at will
  • Perceived behavioral control the persons belief
    about how easy it is to perform the behavior

7
New Coke and Predictive Failure
  • Coke spent 4 million and interviewed 200,000
    consumers
  • The research said it was a good idea

8
New Coke and Predictive Failure
  • Reactions of die-hard fans were bad
  • "Changing Coke is like God making the grass
    purple or putting toes on our ears or teeth on
    our knees."
  • "At first I was numb. Then I was shocked. Then
    I started to yell and scream and run up and
    down."
  • "There are only two things in my life God and
    Coca-Cola. Now you have taken one of those
    things away from me.
  • "like spitting on the flag"
  • The reactions spread and the product was pulled
    within a few months

9
Consumer Attitudes
  • Attitudes represent what we like and dislike
  • Attitudes determine intentions
  • Holding a favorable attitude toward a product is
    often prerequisite for holding a favorable
    purchase or consumption intention
  • Preferences represent attitudes toward one
    object in relation to another (a way to measure
    attitudes)

10
Measuring Attitudes
  • Ab
  • Ao

11
Role of Beliefs in Attitude Formation
  • Beliefs subjective judgments about the
    relationship between two or more things
  • Beliefs are based on knowledge (internal search)
  • Multiattribute attitude models show that beliefs
    about a products attributes determine ones
    attitude toward the product

12
Fishbein Multiattribute Model
  • Ao attitude toward object
  • bi strength of the belief that object has
    attribute i
  • ei evaluation of attribute i
  • n number of salient or important attributes

13
Example Application of Fishbein
Research Question What is the listeners
attitude towards WXYZ radio station?
Beliefs about specific attributes For example
Do you believe that radio station WXYZ
plays lots of music? Yes 3 2 1 0
-1 -2 -3 No Evaluation weights for each
attribute For example How appealing is it to
you when a radio station plays lots of
music? Very appealing 3 2 1 0 -1 -2
-3 Not appealing
14
Example Application of Fishbein
15
Fishbein Multiattribute Model
  • Companies want consumers to perceive their
    products as
  • Possessing desirable attributes
  • (when ei is positive bi should be positive)
  • Not possessing undesirable attributes (when ei is
    negative bi should be negative)

16
Ideal-Point Multiattribute Model
  • 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

17
Ideal-Point Multiattribute Model
  • Consumers indicate where they believe a product
    is located on scales representing the various
    levels of salient attributes
  • Also report where ideal products would fall on
    these scales
  • The closer ideal and actual ratings are, the more
    favorable the attitude

18
Example Application of Ideal-Point
19
Example Application of Ideal-Point
20
Benefits of Multiattribute Attitude Models
  • Reveal why consumers like or dislike a product
  • Identify opportunities for new products
  • Comparison of your product versus the competition

21
Stimulus Importance-Performance Grid
22
Role of Feelings in Attitude Formation
  • Feelings an affective state (such as mood you
    currently are in) or reaction (such as feelings
    experienced during product consumption or when
    processing an advertisement)
  • Can be positive or negative and range from
    overwhelming to virtually nonexistent

23
Feelings As Part of The Consumption Experience
24
Feelings As Part of The Advertising Experience
  • Some ads may amuse while others annoy consumers
  • Feelings experienced during ad processing may
    influence post-message evaluations
  • Product attitudes are influenced by feelings
    evoked during ad

25
Attitude Change
  • Attitudes are dynamic
  • Both positive and negative attitudes may become
    more neutral as time passes
  • Attitude persistence an attitudes immunity to
    corrosion

26
Attitude Change
  • Attitude resistance the degree to which an
    attitude is immune to change
  • The more resistant consumers product attitudes
    are, the more difficult it is for competitors to
    recruit them
  • A strong foundation and direct experience enhance
    resistance

27
Methods of Changing Attitudes
  • Multiattribute models suggest three primary ways
    for changing consumer attitudes
  • Changing beliefs
  • Changing attribute importance
  • Changing ideal points

28
Changing Beliefs
  • If beliefs are false, they need to be brought
    into harmony with reality
  • If beliefs are accurate, it may be necessary to
    change the product
  • Comparative advertising helps reduce beliefs
    about a competitive brand

29
Changing Attribute Importance
  • Changing an attributes importance is more
    difficult than changing a belief
  • Increasing attribute importance is desirable when
    the competitors brand is farther from the ideal
    point than your product
  • Firms may add a new attribute

30
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