3. Cultural Influences Values, beliefs, preferences, tastes, handed down from previous generations Cultural values change, basic core values do not Ethnocentrism- tendency to view your own culture as the norm
6. Subcultures: Based on factors such as race, nationality, age, rural vs. urban, sex, religion, & geographical distribution Groups with their own distinct modes of behavior.
7. Hispanic American More Disposable Income Than Any Other Minority Group Large, Fast Growing Market Younger Median Age Concentrated in CA, FL, NY, & TX, NM Larger households Acculturation Degree that newcomers have adapted to US culture
8. African American Family structure differs Make More Shopping Trips Per Year Purchase Beauty Supplies, Automotive Supplies & Electronics Students Buy Technology Products, Purchase Online Marketers use different approaches
9. Asian American Two dozen ethnic groups Chinese, Japanese, Indians, Koreans, Filipinos, Vietnamese with their own language, religion, and values.
10. Benetton Also Has Been Successful Extending Strategies Across Subcultures
11. Social Influences Norms Asch phenomenon People tend to conform to majority rule even if it goes against beliefs Impact of group on behavior Reference Groups Social Classes Opinion Leaders
12. Family Influences Autonomic Equal # of decisions by both. Sometimes he decides, sometimes she does Husband Dominant Wife dominant Syncratic Decisions made together Children & Teenagers
13. Personal Determinants Needs & Motives Maslow’s Hierarchy of Needs Physiological Safety Belongingness or social Esteem Self - actualization Continued