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PPT 5-15
PPT 5-16
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PPT 5-17
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PPT 5-18
Personal Factors
Age and Life Stage. People change the goods and services
they buy over their lifetimes.
Tastes in food, clothes, furniture, and recreation are often
age-related. Buying is also shaped by the stage of the family
life cycle.
Marketers often define their targets in terms of life-cycle
stage and develop appropriate products and marketing plans
for each stage.
Consumer information giant Nielsen’s PRIZM Lifestage
Groups system places U.S. households into one of 66
consumer segments and 11 life-stage groups based on
affluence, age, and family characteristics.
Life-stage segmentation provides a powerful marketing tool
for marketers in all industries to better find, understand, and
engage consumers.
Occupation. A person’s occupation affects the goods and
services they purchase.
Economic Situation. A person’s economic situation will
affect store and product choice. Marketers watch trends in
spending, personal income, savings, and interest rates.
Lifestyle is a person’s pattern of living as expressed in his or
her psychographics.
This involves measuring major AIO dimensions such as
activities (work, hobbies, shopping, sports, social events),
interests (food, fashion, family, recreation), and opinions
(about themselves, social issues, business, products). It
profiles a person’s whole patters of acting and interacting in
the world.
Personality and Self-Concept
Personality refers to the unique psychological characteristics
that distinguish a person or group.
A brand personality is the specific mix of human traits that
may be attributed to a particular brand. One researcher
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Photo: Red Kap
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Key Term: Lifestyle
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Ad: Title Nine
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Key Term:
Personality
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Ad: MINI