MKT Terms (Chapter 4 and 5)

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Perception

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Marketing

18 Terms

1

Perception

________: the process by which people select, organize, and interpret information to form a meaningful picture of the world.

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2

Attitude

________: a persons consistently favorable or unfavorable evaluations, feelings, and tendencies towards an object or idea.

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3

Sample

________: a segment of the population selected for marketing research to represent the population as a whole.

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4

Cognitive dissonance

________: buyer discomfort caused by post- purchase conflict.

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5

Behavioral targeting

________: using inline consumer tracking data and analytics to target advertisements and marketing offers to specific customers.

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6

Habitual buying behavior

________: consumer buying behavior situations characterized by low consumer involvement and brand differences.

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7

Big data

________: the huge and complex data sets generated by todays information generation.

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8

Customer relationships management

the overall process of building and maintaining profitable customer relationships by delivering superior customer value and satisfaction

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9

Marketing analytics

pattern in big data to gain customer insights and gauge marketing

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10

Sample

a segment of the population selected for marketing research to represent the population as a whole

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11

Behavioral targeting

using inline consumer tracking data and analytics to target advertisements and marketing offers to specific customers

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12

Big data

the huge and complex data sets generated by todays information generation

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13

Motive (drive)

a need that is sufficiently pressing to direct the person to seek satisfaction of the need

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14

Perception

the process by which people select, organize, and interpret information to form a meaningful picture of the world

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15

Learning

changes in an individuals behavior from experience

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16

Attitude

a persons consistently favorable or unfavorable evaluations, feelings, and tendencies towards an object or idea

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17

Habitual buying behavior

consumer buying behavior situations characterized by low consumer involvement and brand differences

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18

Cognitive dissonance

buyer discomfort caused by post-purchase conflict

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