Marketing 11 Chapter 4.3 (pp. 90-97) Name _____________________________ Psychological and Personal Influences I. Provide and learn the following definitions (2): Personality___________________________________________________________________ Attitudes ____________________________________________________________________ Lifestyle _____________________________________________________________________ Viral Marketing _______________________________________________________________ II. Answer the following questions in your own words. Provide details (16). 1. In your own words explain the four components of the self-concept theory and illustrate how they have an influence on marketing strategy. Provide new examples that demonstrate the application of this theory. (3) 2. Explain how perceptions held by consumers influence buying decisions. (1) 3. Explain the difference between selective exposure, selective perception, and selective retention. (3) 1 Marketing 11 Chapter 4.3 (pp. 90-97) Name _____________________________ 4. Explain how an understanding of consumer attitudes is essential before developing a marketing strategy. Provide an example that has considered the importance of understanding consumer attitudes. (2) 5. What role does one’s age and life cycle status play in the development of a marketing strategy? (2) 6. Can a brand survive by simply associating with the lifestyle of a prospective target market? Do lifestyle appeals influence consumer to buy? Using the Internet, examine issues surrounding lifestyle marketing and provide relevant examples to substantiate your position on its effectiveness or ineffectiveness. (5) III. Consumer psychological segments (10). The Environics Research Group has developed a list of consumer psychological segments. Visit the Environics website (http://www.environics.ca/) and complete the survey on the interactive page. Your results will be instantly tabulated to determine which category you belong to so you can read about your psychological profile. Print the result page. Compare your results with those of other students. What observations can you make about the survey results? Total ____________ / 28 points 2