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Fashion Consumer Behavior

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Motivation

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Motivation drives consumers to fulfill needs or wants. In fashion buying, understanding the motivation behind purchases can lead to more effective product assortments.

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Perception

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Perception involves how consumers interpret information and make sense of their choices. In fashion, buyers must ensure products have the desired perception to attract and retain customers.

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Reference Groups

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Reference groups, like peers or celebrities, influence an individual's fashion choices. Buyers can use endorsements or targeted marketing to appeal to consumers.

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Opinion Leaders

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Opinion leaders are individuals who influence the behavior of others. Fashion buyers often engage with these influencers to shape consumer opinions and trends.

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Psychographics

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Psychographics analyze consumer lifestyles, values, and personality to understand their buying behavior. In fashion buying decisions, this is important for targeting marketing messages and product development.

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Cultural Influence

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Cultural influence refers to the impact that culture and subculture have on a consumer's purchasing decisions. Fashion buyers must consider cultural trends and norms to ensure product relevance.

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Attitude

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Consumer attitude reflects their consistent feelings towards a product or brand. Fashion buyers must consider attitudes to predict consumer behavior and tailor their strategies accordingly.

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Social Class

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Social class dictates consumer purchasing power and preferences. Fashion buyers use this information to cater their products to the right market segment.

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Price Sensitivity

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Price sensitivity indicates how a change in price affects consumer demand. Fashion buyers must understand price elasticity to set competitive prices.

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Market Segmentation

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Market segmentation divides consumers into distinct groups with similar needs or characteristics. Fashion buyers use segmentation to target specific consumer groups effectively.

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Brand Loyalty

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Brand loyalty is when consumers repeatedly purchase from a certain brand. For fashion buyers, fostering brand loyalty is key for repeated sales and consumer retention.

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Decision-Making Process

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The consumer decision-making process consists of need recognition, information search, evaluation, purchase, and post-purchase behavior. Fashion buyers should facilitate a positive journey to influence buying decisions.

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Online Shopping Behavior

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Online shopping behavior relates to how consumers interact with digital retail platforms. Fashion buyers utilize this data to optimize e-commerce strategies.

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Family Influences

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Family members can significantly affect fashion purchase decisions. Fashion buyers may target family-oriented marketing strategies to appeal to this demographic.

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Consumer Confidence

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Consumer confidence reflects optimism or pessimism in their economic future. Fashion buyers may adjust inventory and marketing strategies based on confidence levels.

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Trend Lifecycle

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The trend lifecycle refers to the stages a fashion trend goes through, from emergence to decline. Buyers must time purchases and stock levels accordingly.

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Consumer Dissonance

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Consumer dissonance occurs when a buyer feels post-purchase regret or doubt. Fashion buying strategies should aim to minimize dissonance through quality and experience.

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Ethical Consumption

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Ethical consumption involves purchasing in ways that align with personal and societal values. Fashion buyers may source sustainably or ethically to appeal to this consumer segment.

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Personal Income

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Personal income determines the spending power of consumers. Fashion buyers need to price their products appropriately for their target customer's income level.

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Innovation Adoption

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Innovation adoption is how quickly consumers are willing to embrace new products or trends. Fashion buyers should consider the adoption rate to time their product launches.

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