Ba1b9Perception Module IV
Ba1b9Perception Module IV
•Sensation
•Absolute threshold
•Differential threshold
•Subliminal perception
Exposure Attention
Interpretation
Random / Deliberate Low / High Low / High
Memory
Short term / long term
• Brand Leveraging
• Size & Intensity of stimulus
• Color & movement
• Position
• Media
Aspects of
Perception Amity Business School
Selection
Organization
Interpretation
Perceptual
Selection Amity Business School
• Physical Appearances
• Stereotypes
• First Impressions
• Jumping to Conclusions
• Halo Effect
Ads Depicting
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Stereotypes
Perception and marketing
strategy Amity Business School
Establishing a
specific image for a
brand in relation to
competing brands.
Positioning Techniques
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• Umbrella • Conveying a
Positioning Product Benefit
• Positioning • Taking an
Against Unowned
Competition Position
• Positioning • Positioning for
Based on a Several Positions
Specific Benefit • Repositioning
Perceptual Mapping
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Fashion Coverage
Fashion
Splash
More More
Copy Artwork
Crash
Bash
Splash
Club Coverage
Pricing Strategies Focused
on Perceived Value Amity Business School
• Satisfaction-based Pricing
• Relationship Pricing
• Efficiency Pricing
Issues in Perceived Price
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• Reference prices
– Internal
– External
• Tensile and objective price claims
Perceived Quality
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• Intangible • Perishable
• Variable • Simultaneously
Produced and
Consumed
SERVQUAL Dimensions for
Measuring Service Quality Amity Business School
DIMENSION DESCRIPTION
Ad
Emphasizin
g Tangible
Cues
Conceptual Model of the Consequences of Service
Quality Amity Business School
Service Behavioral
Quality Intentions +$
Ongoing Revenue
Superior Favorable Remain Increased Spending
Price Premium
Referred Customers
Financial
Behavior
Consequences
-$
Decreased Spending
Inferior Unfavorable Defect Lost Customers
Costs to Attract
New Customers
Focus of present study
Empirical links demonstrated in macro studies
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The perception of
price as an indicator
of product quality
Price/Quality (e.g., the higher the
Relationship price, the higher the
perceived quality of
the product).
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Objectiv
e Price
+ Perception +
of Price
Perceived Perceived
Quality Sacrifice
Perceived
+ Value -
+ -
Willingness
to Buy
A. Conceptual Relationship of Price Effect
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Brand Store
Name Name Objectiv
e Price
Types
The degree of
uncertainty • Functional Risk
perceived by the • Physical Risk
consumer as to the • Financial Risk
consequences • Psychological Risk
(outcome) • Time Risk
of a specific
purchase decision.
How Consumers Handle Risk
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• Seek Information
• Stay Brand Loyal
• Select by Brand Image
• Rely on Store Image
• Buy the Most Expensive Model
• Seek Reassurance