week 11 personality

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    PERSONALITY

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    Learning Objectives

    Understand the nature personality in Consumer

    Behaviour.

    Understand the application of personality inmarketing.

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    What is Personality?

    Inner psychological characteristicsthat equallydetermine and reflect how an individual consumer respondsto his or her environment (S&K, 2010).

    A persons unique psychologicalmakeup and how it

    consistently influences the way he or she responds to his orher environment. (Blackwell et al., 2001)

    Personality is an individuals characteristicresponse tendencies across similar situations (H&M,2012).

    Unique combination of factors, qualities, habits,attributes, traits, and mannerisms.

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    Personality reflects individual differences.

    Personality is consistent and enduring.

    But, Personality can change.

    Question: What are the implications of the properties

    of personality for marketing strategy?

    Nature of Personality . . .

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    Personality reflects individual differences

    Personality is consistent and enduring

    But, Personality can change

    Question: What are the implications of the properties

    of personality to Marketing

    Nature of Personality . . .

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    Theories are numerous. But, the focus will be on traittheory.

    A trait is any distinguishing, relatively enduring way in which one

    individual differs from one another

    Five factor model of human personality: Extroversion: talkative, bold, aggressive, dominance

    Emotional stability: moody, temperamental, touchy

    Agreeableness: sympathetic, kind, polite, trust

    Openness to experience: imaginative, appreciative of art,innovative, novelty conscious,

    Conscientiousness: careful, precise, efficient, hard working.

    Five traits are relevant in describing consumers

    personality.

    Trait Theory of Personality

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    Trait Theory of Personality

    Selected Consumer BehaviourRelated Traits

    Explanation

    Consumer Innovativeness The extent to which consumers arereceptive to new products

    Consumer Ethnocentrism The tendency for consumers to be

    biased towards/against foreignmade products.

    Consumer materialism The extent to which consumersattach importance to material

    goods (things, possessions).Value consciousness The tendency for consumers to

    focus on benefits rather than thecosts.

    Competitiveness The tendency for consumers to

    strive to be better than others.

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    Marketers believe that consumers Choose products that fit their personality traits (see table 1).

    Use products to improve areas of their personality where theyfeel weak.

    Assign human personality traits to different products, services,brands, colors and nations (brand personality).

    The Use of Personality in Marketing

    Practice

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    Table 1: What Flavor is Your

    Personality?Snack Food Personality Traits

    Potato chips Ambitious, successful, high achiever

    Snack Crackers Rational, logical, shy, contemplative,

    Cheese Curls Principles, has great integrity, planahead

    Nuts Easygoing, understanding, calmPopcorn Modest, self confidence but not a

    show off

    Meat snacks Generous, trustworthy, overly trusting

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    Marketers

    Segment markets on the basis of personality traits.

    Develop products that match consumers personality

    traits. Determine prices that match consumers personality.

    Position their products and services as providingopportunities to improve ones personality or reflect

    ones personality. Communicate and Build brand personality

    a set of human characteristics that become associated with abrand and are a particular type of image that some brandsacquire.

    The Use of Personality in MarketingPractice

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    Fig. 1: A Brand Personality Dimensions

    Brand

    Personality

    RuggednessSophisticationCompetenceExcitementSincerity

    Down-to-

    earth

    Honest

    Wholesome

    Cheerful

    Original

    Friendly

    Daring

    Spirited

    Imaginative

    Up-to-date

    Trendy

    Cool

    Young

    Reliable

    Intelligent

    Successful

    Hard

    working

    Confident

    Upper class

    Charming

    Glamorous

    Outdoorsy

    Tough

    Masculine

    Brand personality createsexpectations about key brand

    characteristics.Brand personality is a basis of along term relationship with thebrand/brand image.

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    What is the personality of the following car brands?

    BMW, Audi, Toyota, Honda, Hyundai

    Discussion

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    Figure 2: Personality and Car Brands

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    What is the personality of the following

    colors?

    Black

    White

    Red

    Green

    Blue

    OrangeYellow

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    Figure 4: Personality and Color

    Colour Personality

    Black Sophisticated, power, authority

    White Goodness, purity, formality

    Red Human, exciting, passionate

    Green Secure, relaxed, living

    Blue Respect, authority

    Orange Powerful, affordable

    Yellow Caution, novelty

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    The Nation as a Brand

    Personality traits associated with differentcountries

    Britain: proud, civilised, cultured, cold, arrogant,witty

    Germany: efficient, industrious, rational, cold

    Japan: efficient, industrious, competitive,innovative

    USA: competitive, adventurous, sociable, fun-loving

    Question: What personality traits are associatedwith Botswana brand.

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    What is the personality ofthese brands?

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    Communicating Brand Personality

    through Advertising Tactics

    Celebrity endorsers.

    User Imagery

    Executional Factors