Household Influences - PowerPoint PPT Presentation

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Household Influences

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Examines the stages that families go through as they form, ... of family car to buy. 41% whose parents bought a new car took kids along when car shopping ... – PowerPoint PPT presentation

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Title: Household Influences


1
Household Influences
2
Household Influences
  • Importance of Household Influence
  • - Joint Decision Making
  • - Consumer Socialization
  • Types of Households
  • Family
  • Single Person Living Alone
  • Group of Individuals Living Together
  • Growth in Nontraditional Households

3
Consumer Socialization
  • The process where children learn patterns of
    marketplace behavior from their parents.
  • Model parents
  • Adopt parents product preferences

4
Family Life Cycle
  • Examines the stages that families go through as
    they form, develop, and eventually dissolve.
  • How does family life cycle influence consumer
    behavior?
  • Young singles
  • Young married without children
  • Young married with children
  • Middle aged with children
  • Empty nesters
  • Older singles

5
Family Life Cycle
6
Changing Trends in Household Structure
  • Delayed Marriage (median age men 27, median age
    women 25)
  • - Marketing implications?
  • Dual Career Families (70 of women between 25 and
    54 employed)
  • - Marketing implications?
  • Smaller Families (average family size 3.14)
  • - Marketing implications?

7
Roles Household Members Play
  • Gatekeeper
  • Influencer
  • Decider
  • Buyer
  • User

8
Roles of Spouses in Decisions
  • Husband dominant
  • Wife dominant
  • Autonomic decision
  • Syncratic decision

9
The Role of Children
  • More likely to influence purchase of
    child-related products.
  • Have less influence when parents are more
    traditional
  • Have more influence when both parents work
  • Influence of TV watching
  • The older the child, the more influence

10
Kids Influence- Ages 9-13
  • 93 influence what kind of jeans parents purchase
    for them
  • 89 influence kind of cookies, desserts, soda,
    chips and cereal purchased for household
  • 61 helped parents decide kind of family car to
    buy
  • 41 whose parents bought a new car took kids
    along when car shopping
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