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subculture
segment of a larger culture whose members share distinguishing values and patterns of behavior.
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ethnic subculture
subcultures whose members’ unique shared behaviors are based on a common racial, language, or nationality background
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market leaders
see brands as communicating their unique identity, are less price sensitive, and more brand loyal.
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market followers
don't have the need to be “hip and cool.” often has financial constraints, more conservative, more price sensitive, and less brand loyal
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Hispanic teens are often
bicultural
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Asian americans
highest educated, highest income group, most diverse
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Arab Americans
somewhat younger then the general population, better educated, and have a higher than average income.
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secular society
schools, government, and politics are not controlled by a religious group, and most people are not guided by strict religious guidelines
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Family Household
at least two members related by birth, marriage, or adoption, one of whom is the householder
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non family household
householder living alone or only with non-relatives
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blended family
family consisting of a couple, one or both of whom were previously married, their children, and the children from the previous marriage of one or both parents.
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traditional family
a married couple and their own or adopted children living at home.
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family decision making
two or more family members make decisions
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consumer socialization
young people acquire skills, knowledge, and attitudes relevant to their functioning as consumers in the marketplace. content-what they learn. process-how they learn it.
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consumer skills
capabilities necessary to purchase, like understanding money, budgeting, product evaluation, etc.
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Consumption-related preferences
knowledge, attitudes, and values that cause people to attach differential evaluations to products and brands
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consumption related attitudes
cognitive and affective orientations toward marketplace stimuli such as advertisements, salespeople, and warranties
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consumer socialization
occurs primarily through family or advertising and friends.
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instrumental training
consumer socialization, when a parent or sibling directly attempts to bring about certain responses through reasoning or reinforcement.
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modeling
consumer socialization, when a child learns appropriate or inappropriate consumption behaviors by observing others.
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mediation
consumer socialization, when a parent alters a child’s initial interpretation of a marketing or other stimulus
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