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Key Terms
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Actual self-concept  who I am now.
(See page(s) 422)
Extended self  consists of the self plus possessions.
(See page(s) 423)
Geo-demographic analysis  based on the premise that lifestyle, and thus consumption, is largely driven by demographic factors.
(See page(s) 442)
GLOBAL SCAN  measures more than 250 value and attitude components in addition to demographics, media usage, and buying preferences.
(See page(s) 444)
Ideal self-concept  who I would like to be.
(See page(s) 422)
Independent self-concept  emphasizes personal goals, characteristics, achievements, and desires.
(See page(s) 422)
Interdependent self-concept  emphasizes family, cultural, professional, and social relationships.
(See page(s) 422)
Lifestyle  how a person lives.
(See page(s) 429)
Mere ownership effect  or the endowment effect is the tendency of an owner to evaluate an object more favorably than a nonowner.
(See page(s) 426)
MONITOR MindBase  system designed to go beyond describing a group’s behaviors into explaining why they behave that way.
(See page(s) 440)
Peak experience  an experience that surpasses the usual level of intensity, meaningfulness, and richness and produces feelings of joy and self-fulfillment.
(See page(s) 424)
Private self-concept  how I am or would like to be to myself.
(See page(s) 422)
PRIZM  a set of 62 lifestyle clusters organized into 12 broad social groups.
(See page(s) 442)
Psychographics  attempts to develop quantitative measures of lifestyle.
(See page(s) 430)
Self-concept  the totality of the individual’s thoughts and feelings having reference to him-or herself as an object.
(See page(s) 422)
Social self-concept  how I am seen by others or how I would like to be seen by others.
(See page(s) 422)
VALS  provides a systemic classification of American adults into eight distinct consumer segments.
(See page(s) 433)







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