MOOD AND THE DECISION TO PURCHASE HIGH-TECH PRODUCTS Olga Patosha Department of Psychologygy MSc Businessss Psychoogy Higher School of.

Slides:



Advertisements
Similar presentations
3.02 Position products/services to acquire desired business image.
Advertisements

PRINCIPLES OF MARKETING Consumer Buyer Behavior
Business Markets and Buying Behavior
Copyright 2005 ACNielsen Shopper Trends 1 March 2005 SHOPPER TRENDS 2004.
Copyright © 2005 Pearson Education Inc. Consumer Markets and Consumer Buyer Behaviour Chapter 7 PowerPoint slides Express version Instructor name Course.
 Consumer’s choice made between two or more options available  If many options are available it is called consumer’s freedom  A Hobson's choice is.
© 2007 The McGraw-Hill Companies, Inc., All Rights Reserved. McGraw-Hill/Irwin Marketing Management, 8e Chapter Three Consumer Behavior Key Words / Outline.
Part Four Target Markets and Customer Behavior 9 Consumer Buying Behavior.
Functional needs pertain to the performance of a product or service.
 Customer behavior: a broad term that covers both individual consumers who buy goods and services for their own use and organizational buyers who purchase.
Outlet Selection and Product Purchase Pertemuan 09 Matakuliah: O0362 – Perilaku Konsumen Tahun: Genap 2009/2010.
Copyright © 2010 Pearson Education, Inc. publishing as Prentice HallChapter Segmenting and Targeting the Audience.
Consumer Markets and Consumer Buyer Behavior
TITLE Author department Higher School of Economics, Moscow,
Chapter 5Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 1 1. Explain why marketing managers should understand consumer.
Learning Goals Learn the consumer market and construct model of consumer buyer behavior Know the four factors that influence buyer behavior Understand.
© 2003 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin CONSUMER BEHAVIOR.
3-1 Part 2 FOCUS ON THE CUSTOMER. 3-2 Customer Behavior in Services  Search, Experience, and Credence Properties  Consumer Choice  Consumer Experience.
Chapter 6 Consumer Markets and Consumer Buying Behavior
Computer Security Awareness An Individualized Research Study by Ryan Leow Anglo-Chinese School (Independent.
CHAPTER CONSUMER BEHAVIOR.
Principles of Marketing Lecture-15. Summary of Lecture-14.
Copyright John Wiley & Sons 2007 Presentation prepared by Robin Roberts, Griffith University and Mike Spark, Swinburne University of Technology.
Definitions Consumer buyer behavior refers to the buying behavior of final consumers – individuals and households who buy goods and services for personal.
Customer and Creating Marketing Strategy
Communication & Consumer Behavior SBM 338 Lanny Wilke.
Chapter 12 Category and Brand Management, Product Identification, and New- Product Planning.
Formulating Strategic Marketing Programs
Attitude You learn to behave in a particular way to a particular object in a particular situation. A learned predisposition to behave in a consistently.
Consumer Markets Purchasers and individuals in households Purchases are for personal consumption, not profit Business Markets Individuals and groups that.
Product Planning.  Product Planning  Decisions about the features and services of the product  Ideas that will help sell the product  Packaging /
Chapter 30 product planning Section 30.1 Product Development
Understanding Human Behavior Helps Us Understand Investor Behavior MA2N0246 Tsatsral Dorjsuren.
Retrieval and Problem Solving Orientations Problem Solving Model Problem Recognition External Search Evaluation of Alternatives Choice Extensive Problem.
Analyzing Consumer Behavior Chapter Four. Copyright ©2011 Pearson Education, Inc., Publishing as Prentice Hall 4-2 Key Learning Points Concept and activity.
NETA PowerPoint Presentations to accompany The Future of Business Fourth Edition Adapted by Norm Althouse, University of Calgary Copyright © 2014 by Nelson.
Evaluating an Integrated Marketing Program. Chapter 15.
Marketing: An Introduction Armstrong, Kotler
Key terms & New product development
The study of the discourse of electronic media using a network approach: The discussion of Russian Federation joining the World Trade Organization Prosyanyuk,
Consumer Markets and Consumer Buying Behavior
Market Research & Product Management.
Consumer Behavior Session 3.
Consumer Markets and Consumer Buying Behavior
Chapter 2 Consumer Behavior.
Marketing Management 28 February Consumer Markets and Buyer Behaviour.
Slide 10-1 © 1999 South-Western Publishing McDaniel Gates Contemporary Marketing Research, 4e Using Measurement Scales to Build Marketing Effectiveness.
14 Statistical Testing of Differences and Relationships.
Problem Recognition & Search
Consumer Markets and Consumer Buyer Behavior
Introduction to advertising strategies. COMMUNICATION OBJECTIVES Often when we think of advertising, we just think of great ads that make us laugh or.
Consumer Markets and Consumer Buyer Behavior Chapter 5.
CONSUMER BEHAVIOR Assistant professor Bojan Georgievski PhD
Information Management and Market Research. Marketing Research Links…. Consumer, Customer, and Public Marketer through information Marketing Research:
Customer Buying Behavior Buying Process :- begins when customers recognize an unsatisfied need. 3 types of customer decision-making processes 1.Extended.
Section 30.1 Product Development Chapter 30 product planning Section 30.2 Sustaining Product Sales.
MARKETING 3.01 Product/Service Management. Intro Who is responsible for the last product you bought? Did you know….. -It took over 3 years to develop.
1 Understanding Consumer Behavior Consumer behavior consumers make purchase decisions consumers use and dispose of product = HOW.
CHAPTER 13 MARKETING in TODAY’S WORLD The Basics of Marketing Market A market is a group of customers who share common wants and needs, and who have.
Lecturer – Md Shahedur Rahman Chapter – 3 ( Three ) Part 1
1 Chapter 5 Consumer and Business Buyer Behavior.
 Copyright 1999 Prentice Hall 5-1 Chapter 5 PRINCIPLES OF MARKETING Eighth Edition Philip Kotler and Gary Armstrong Consumer Markets and Consumer Buyer.
Chapter 30 product planning Section 30.1 Product Development
Consumer Markets and Consumer Buying Behavior
Understanding Customers
Chapter 5 Consumer Behavior
CONSUMER MARKETS AND CONSUMER BUYING BEHAVIOR
Consumer Markets and Consumer Buyer Behavior
Consumer Markets and Consumer Buyer Behavior
Consumer Search and Evaluation
Presentation transcript:

MOOD AND THE DECISION TO PURCHASE HIGH-TECH PRODUCTS Olga Patosha Department of Psychologygy MSc Businessss Psychoogy Higher School of Economics, Moscow,

High-Tech Products market Higher School of Economics, Moscow, 2014 pto photo New products always appear Big amount of producing companies Market overloading Determinants of consumer behavior?

Emotions and purchasing pto photo people in good mood evaluated products more positive than people in a bad mood: evaluation of production just launched (Forgas, 1995), production which is about to be launched (Barone, 2005), production which has already be purchased (Isen, 1987).

Evaluation of attributes Higher School of Economics, Moscow, 2014 pto photo A key stage in the purchase decision making process is the evaluation of product attributes. At this stage, a customer makes his mind about product features which are significant for him, and then uses these criteria while choosing a product.

How Emotional State Can Influences the Selection of Attributes pto photo 1.people in a good mood tend to perceive and remember positive things about an item, while people in a bad mood tend to see and remember negative things. 2.people who are experiencing positive emotions tend to spend less time and effort researching information about the product compared to those who are experiencing negative emotions 3.people experiencing positive emotions tend to make more optimistic projections and are more likely to take risks, particularly if the potential loss is not too high, as opposed to people experiencing negative emotions

pto photo The study objective is to investigate the effect of mood on the way people assessed different attributes of tablets. We assume that depending on their current mood, people look for certain product characteristics in making purchasing decisions.

Sample pto photo Respondents who recently purchased tablet computer took part in the preliminary stage of investigation (7 male and 3 female, age - from 23 to 31 years (M = 26.4, SD = 3). The sample of the main study included 64 subjects (40 men and 24 women, age - from 20 to 35 years (M = 26.2, SD = 4.5). All respondents were going to buy tablet, but never had done it before, so they had no experience of purchasing this product.

Preliminary Study a technique for evaluating the strategies people use to research product information before buying was designed. function (quality, reliability, memory, processor speed); appearance (screen size, weight, design, colour); cost and service (price, discounts, warranty, customer support); popularity (brand awareness, advertising, friends' opinions).

Main Study Group 1 Group 2 HAM Scale (Health-Activity-Mood) Attribute of Tablet PC evaluation technique

Results

Conclusion 1.product’s appearance were more important for people with positive emotions, whereas people in a bad mood value simple models 2.the tendency to risk- seeking behavior in the positive mood 3.the importance of external sources of information for people in a good mood 4.the importance of the popular models for subjects in a positive state.

20, Myasnitskaya str., Moscow, Russia, Tel.: +7 (495) , Fax: +7 (495)