CLEP Marketing

Category - Consumer Behavior

Adolescents are more likely to buy the latest Apple product if bought by their classmates, who are referred to by marketers as a(n) ______________.
  1. Demographic influence
  2. Impact group
  3. Reference group
  4. Peer group
  5. Subculture
Explanation
Answer: C - Adolescents are more likely to buy the latest Apple product if bought by their classmates, who are referred to by marketers as a reference group. A reference group is any group that can positively or negatively influence the purchasing attitudes, preferences, or behaviors of an individual. In this case, the classmates are a reference group exerting peer influence or pressure to purchase the latest Apple product.
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