Introduction
The scope of this report is to find out how the attributes, benefits and values people have towards Coca cola leads to the creation of myths, which contributes towards the purchase of the product. By using the means end chain we are able to link consumer’s knowledge of the product characteristics and their needs. This allows us to understand how consumers perceive the self-relevant outcomes of the product use and consumption. This indeed helps to explain the answer to the question: “What can this product do for me?” The knowledge about a product can lead to certain beliefs through the cognitive system followed by the creation of different attitudes towards the product which will either make us consume the product or abstain from purchasing it. The behavior towards purchase can be influenced through the creation of myths since tension reduction is the basis for motivation.
Attributes
Attributes are but means through which consumers achieve their ultimate values and ends, via the positive consequences or benefits accruing from the attributes. In other words, products are seen as means to satisfy needs that are conscious to a varying degree. This can be a motivating factor for the purchase of Coca cola. The two types of attributes are concrete and abstract (Peter & Olson, 1999).
Concrete Attributes This deals with the question, “what are the tangible aspects of the product? “ This means their physical product characteristics like the colour, thickness (Peter & Olson, 1999). These are attributes that the consumers can experience directly. Coca cola has the concrete attributes of the can (its shape and material) being easy to hold and carry and also that the drink is fizzy.
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Here there is a very low involvement of interest but this too directs a person to buy the product or not to buy the product. There are certain myths like the Aluminum from the soft drink can lead to Alzheimer disease. But soft drinks canned in aluminum
References: Peter J.P., & Olson, J.C. (1999). Means End Chain.[Handout]. (Available from Australian College of Business and Technology, Colombo 3). Buchli, V. (2005). The material culture reader. New York, United States of America: Oxford International Publisher Ltd. Solomon, M.R. (2009). Consumer Behavior. (8th Ed.). New Dehli, India: Pearson Education. Rumors. (2010). Retrieved August 28, 2010, from Coca Cola Company website: http://www.thecocacolacompany.com/contactus/myths_rumors/packaging.html Seitz, P. (2009). Sugar Stacks. Retrieved September 1, 2010, from http://techmediatainment.blogspot.com/2009_08_01_archive.html