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Merchants of Cool Assignment
1. Discretionary Income (chapter 13): The money available to a household over an above what it requires to have a comfortable standard of living. This is also known as disposable income.
How it relates to the movie: The movie discussed at the beginning that teens have a lot of disposable income. There is 32 million teens that spend 100 billion each year.
2. Looking-Glass Self (chapter 5): The process of imagining the reaction of others toward oneself
How it relates to the movie: Barbara, 13, said, “I need to look good for people.”
3-4. Semiotics (chapter 2): A field of study that examines the correspondence between signs and symbols and the meaning or meanings they convey
Sensory Overload (chapter 2): A condition where consumers are exposed to far more information received from senses
How it relates to the movie: They stated that teens view 3,000 advertisements each day. They also talked about how there were too many sprite advertisements.
5. Lifestyle (chapter 6): A set of shared values or tastes exhibited by a group of consumers, especially as these are reflected in consumption patterns
How it relates to the movie: MTV has reporters and researchers interview groups of teens to figure out more about their generation. MTV personally interviewed John by going to his home and seeing his room and asking him questions.
6. Symbol (chapter 2): A sign that is related to a product through either conventional or agreed-on associations
How it relates to the movie: Sprite and hip-hop are related to each other through Sprites marketing campaign.
7. Cult Product (chapter 4): Items that command fierce consumer loyalty and devotion
How it ...