• Unit 7: The Effects of Consumer Groups

    In its broadest sense, a group is two or more people with shared norms, values, or beliefs who have relationships with one another and who exhibit interdependent behaviors. The household is important to marketers because it is the basic purchasing and consuming unit for most goods. Family households are also the primary place where values and behaviors are passed on to subsequent generations. Marketers are mainly concerned with two main types of households: families and nonfamilies.

    This unit covers the various types of groups a consumer may belong to and how they could influence their decision-making.

    Completing this unit should take you approximately 3 hours.

    • 7.1: Consumer Groups

      A consumer group is consumers who share some norms, values, or beliefs and have certain relationships with one another that affect their behaviors. Important questions for marketers to ask concerning groups include:

      • What types of influence do groups exert on individuals?
      • How does group influence vary across products and brands?
      • How can marketers use groups to develop effective marketing strategies?
    • 7.2: Demographic Groups

      Societies are partly described by their demographics, which include a population's size, distribution, and structure (such as by age, income, education, and occupation). Demographics is a powerful tool for marketers, who frequently segment markets based on a combination of two or more demographic descriptors.

    • Unit 7 Study Resources

      This review video is an excellent way to review what you've learned so far and is presented by one of the professors who created the course.

    • Unit 7 Assessment

      • Receive a grade