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consumer behavior & social class 1
SOCIAL CLASS & CONSUMER
BEHAVIOR
• Chapter 11, Kanuk & Schiffman
consumer behavior & social class 2
Social Class
• The division of members of a society into a
hierarchy of distinct status classes, so that
members of each class have either higher or
lower status than members of other classes.
consumer behavior & social class 3
Social Class and Social Status
• Status is frequently thought of as the
relative rankings of members of each social
class
– wealth
– power
– prestige
consumer behavior & social class 4
Social Class and Social Status
Social Comparison Theory :
States that individuals
compare their
own possessions against those
of others to determine their
relative social standing.
consumer behavior & social class 5
Status Consumption
• The process by which consumers actively
increase their social standing through
conspicuous consumption or possessions
consumer behavior & social class 6
Convenient Approaches to
Social Class
• Social status is usually defined in terms of
one or more of the following socioeconomic
variables:
– Family Income
– Occupational Status
– Educational Attainment
consumer behavior & social class 7
Five-Category Social-Class
• SOCIAL CLASSES
– Upper
– Upper-middle
– Middle
– Working
– Lower
consumer behavior & social class 8
Geodemographic Clusters
A composite segmentation strategy that uses
both geographic variables (zip codes,
neighborhoods) and demographic variables
(e.g., income, occupation) to identify target
markets.
consumer behavior & social class 9
Consumer Behavior and
Social Class
• Clothing, Fashion, and Shopping
• The Pursuit of Leisure
• Saving, Spending, and Credit
• Social Class and Communication

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CB_Module 3_ Social Class.ppt

  • 1. consumer behavior & social class 1 SOCIAL CLASS & CONSUMER BEHAVIOR • Chapter 11, Kanuk & Schiffman
  • 2. consumer behavior & social class 2 Social Class • The division of members of a society into a hierarchy of distinct status classes, so that members of each class have either higher or lower status than members of other classes.
  • 3. consumer behavior & social class 3 Social Class and Social Status • Status is frequently thought of as the relative rankings of members of each social class – wealth – power – prestige
  • 4. consumer behavior & social class 4 Social Class and Social Status Social Comparison Theory : States that individuals compare their own possessions against those of others to determine their relative social standing.
  • 5. consumer behavior & social class 5 Status Consumption • The process by which consumers actively increase their social standing through conspicuous consumption or possessions
  • 6. consumer behavior & social class 6 Convenient Approaches to Social Class • Social status is usually defined in terms of one or more of the following socioeconomic variables: – Family Income – Occupational Status – Educational Attainment
  • 7. consumer behavior & social class 7 Five-Category Social-Class • SOCIAL CLASSES – Upper – Upper-middle – Middle – Working – Lower
  • 8. consumer behavior & social class 8 Geodemographic Clusters A composite segmentation strategy that uses both geographic variables (zip codes, neighborhoods) and demographic variables (e.g., income, occupation) to identify target markets.
  • 9. consumer behavior & social class 9 Consumer Behavior and Social Class • Clothing, Fashion, and Shopping • The Pursuit of Leisure • Saving, Spending, and Credit • Social Class and Communication