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Retail Business Environment




                   Notes          2.   Provide warranties and guarantees to reduce post-purchase doubt.
                                  3.   Ensure good service and immediate follow-up on complaints to provide post-purchase
                                       support.

                                  4.   Advertise reliable product quality and performance to reassure recent purchasers of product
                                       satisfaction.
                                  5.   Follow up after the purchase with direct contacts to make sure the customer understands
                                       how to use the product and to ensure satisfaction.

                                  Attribution Theory

                                  According to attribution theory (D. J. Bem), consumers seek to determine causes (attributions)
                                  for events, often after the fact. The theory suggests that consumer attitude formation and change
                                  is the result of consumers’ looking at their own behaviour and making judgments about it. For
                                  example, if a consumer regularly uses Colgate toothpaste, looking at own behaviour she/he
                                  may conclude that she/he likes the toothpaste (she/he has a positive attitude towards the
                                  brand). Consumers are also likely to take all the credit themselves for any success (internal
                                  attribution) and attribute failures to others or external causes (external attribution).

                                       !

                                     Caution To influence attitudes favorably, marketers should give consumers positive reasons
                                    for their purchases after the act. This requires that marketers offer high-quality products
                                    and allow consumers to perceive themselves as the reason for choosing the right brand.

                                  Self Assessment


                                  Fill in the blanks:

                                  9.   ………………….. component is the likelihood or tendency of an individual to respond in
                                       a certain manner towards an attitude object.

                                  10.  An …………………….. is an enduring organisation of motivational, emotional, perceptual
                                       and cognitive processes with respect to some aspect of our environment.

                                  11.  …………………… refer to subjective judgments about the relationship between two or
                                       more things.

                                  12.  Consumers’ feelings and emotional reactions to an object represent the …………………
                                       component of an attitude.

                                  13.  According to ……………….. theory consumer attitude formation and change is the result
                                       of consumers’ looking at their own behaviour and making judgments about it.
                                  14.  ………………….. function facilitates the information-processing task.
                                  15.  Changing ………………………. evaluations is the strategy that focuses on influencing
                                       consumers’ overall brand attitudes without any reference to specific attributes.












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