Title: Chapter 4: Consumers’ Product Knowledge & Involvement
1Chapter 4 Consumers Product
Knowledge Involvement
2Agenda
- Levels of product knowledge
- Types of product knowledge
- Concrete, abstract attributes
- Functional/psychosocial consequences
benefits/risk - Instrumental/terminal values
- Means-ends chains
- Involvement
- Intrinsic/situational involvement
3Levels of Product Knowledge
Consumers knowledge about products exists at
various levels as if they were in a hierarchy
Product Class
Product Form
Brand
Model/Feature
Abstract -----------------------------------------
-------- Concrete
4Levels of Product Knowledge
Product Class
Product Form
Brand
Model/Feature
Folgers Maxwell House
Ground Instant
1-pound can 8-ounce jar
Coffee
5Levels of Product Knowledge
Product Class
Product Form
Brand
Model/Feature
Folgers Maxwell House
Ground Instant
1-pound can 8-ounce jar
Coffee
0.79 model, regular tip 0.99 model, extra-fine
tip
Bic Pilot
Ballpoint Felt tip
Pens
6Types of Product Knowledge
Bundle of Attributes Consequences Values
7Types of Product Knowledge
Bundle of Attributes
Style
Abstract
Nike running shoes
Comfort
Abstract
169.94
Concrete
Air Lock
Concrete
8Types of Product Knowledge
Bundle of Benefits
I will look cool
Psychosocial
Nike running shoes
run longer
Functional
Benefits Anticipated positive
consequences Risks Potential negative
consequences functional, financial,
psychosocial, physical risks.
9Types of Product Knowledge
Values Broad goals in life
Be physically fit
Nike running shoes
Have good health
Live a long life
10Types of Values
Instrumental Values
Preferred modes of conduct or ways of behaving
Terminal Values
Preferred states of being or broad psychological
states
11Instrumental Values Terminal Values
Instrumental Values Ex.
Competence ambitious (hard-working) independent
(self-reliant) imaginative (creative) capable
(competent) courageous
Terminal Values Ex. Personal gratification social
recognition comfortable life pleasure (enjoyable
life) Sense of accomplishment
12Types of Product Knowledge
Bundle of Attributes Consequences Values
Product
Self
13The Means-End Chain
A means-end chain is a knowledge structure that
connects consumers meanings about product
attributes, consequences, and values.
The means-end chain provides a more complete
understanding of consumers product knowledge.
14Means-End Chains of Product Knowledge
Attributes
15Means-End Chains of Product Knowledge
Attributes
Consequences
16Means-End Chains of Product Knowledge
Attributes
Consequences
Values
17Means-End Chain Model of Consumers Product
Knowledge
Terminal Values
Instrumental Values
Psychosocial Consequences
Functional Consequences
Abstract Attributes
Concrete Attributes
18Means-End Chain Example Gillette Sensor Razor
BRAND
ATTRIBUTES
CONSEQUENCES
VALUES
Spring suspension for twin blades
Be well groomed
Close shave
Sensor Razor
Smooth, soft shave
Be comfortable
Lubricating strip
Laddering is the technique used for uncovering
means-ends chains it involves asking Why brand?
What attribute? Why attribute? Why consequence?
What value? Etc.
19Means-End Chain
Some product attributes can have more than one
means-end chain
Spend too much
Have less to spend on other things
Waste of money
Be well groomed
High Price
Good quality
Last a long time
Good value
Be comfortable
20Consumers Product Involvement
INVOLVEMENT
The perceived importance or personal relevance of
an object ore event.
21Factors Influencing Involvement
Personal sources of involvement Means-end
knowledge stored in consumers memories.
22Factors Influencing Involvement
Situational sources of involvement Aspects of the
immediate physical and social environment that
activate important consequences and values and
link them to product attributes, thus making
products and brands seem self-relevant.
23Model of Consumer Product Involvement
Consumer characteristics
Product characteristics
Environmental characteristics
24Model of Consumer Product Involvement
Consumer characteristics
Personal sources
Product characteristics
Situational sources
Environmental characteristics
25Model of Consumer Product Involvement
Consumer characteristics
Personal sources
Product characteristics
Involvement
Situational sources
Environmental characteristics
26Model of Consumer Product Involvement
Consumer characteristics
Personal sources
Product characteristics
Decision making
Involvement
Situational sources
Environmental characteristics