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Chapters 2 & 3 Learning Objectives Understand why it is important to consider cultural factors when developing a marketing strategy. Identify the characteristics.

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Presentation on theme: "Chapters 2 & 3 Learning Objectives Understand why it is important to consider cultural factors when developing a marketing strategy. Identify the characteristics."— Presentation transcript:

1 Chapters 2 & 3 Learning Objectives Understand why it is important to consider cultural factors when developing a marketing strategy. Identify the characteristics of culture. Explain the three types of value orientations that influence behavior. See the need to understand the impact of changing cultural values.

2 Cultural Factors Affect Consumer Behavior and Marketing Strategy Marketing strategy Consumer behavior Language Demographics Values Nonverbal communications

3 Characteristics of Culture Learned Regulates society Makes living efficient Adaptive Environmental Nested

4 Value Orientations Influence Behavior Other-oriented values Society’s view of relationships between people Environment-oriented values Society’s view of relationships with the environment Self-oriented values Objectives or approaches to life that society finds desirable

5 Changes in American Society that Affect Marketing Strategy Demographics Values Subcultures Families Products Media Packages Outlets Service Images Understanding these changes is a key input in developing a successful strategy Changes in American society Changes in market needs Changes in marketing strategy


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