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z
Consumer
Behavior
Kimberlee Reed
z
Maslow’s Hierarchy of Needs
 Physiological
 Safety
 Social
 Esteem
 Self-Actualization
z
Maslow’s Hierarchy of Needs
 The following describe the reasons consumers make their
purchasing decisions based off their behavior in daily life.
z
Physiological
 Food, Water and Shelter
 Needs to survive in their lifestyle
 Can be based off career or living location
z
Safety
 Security and Protection
 Physical Protection
 Financial Protection
 Consumers want and need to feel safe with the products they
purchase
z
Social
 Friendships Needs
 Newest and most popular products on the market
 Consumers are drawn to new trends
 People’s lifestyle choices determine their purchases
z
Esteem
 Personal Needs
 Respect needed from friends/family
 Products that make consumers feel good about themselves
z
Self Actualization
 Reaching our fullest potential
 Create an image they are happy with
 Being the best we can with what is available
z
Consumer Behavior
 Based on Maslow’s Needs
 Purchases are made from brand-loyalty
 Motivation drives product purchases
 Attitudes and Beliefs
z
Consumer Desires
 Is the product working for me?
 Does it make me feel good?
 Is it worth the money I am spending?
 Does it help me in my daily life?
z
Is the product working for me and does
it help in my daily life?
 Consumers will try a product if their friends are using it and
spreading positive reviews.
 Consumers stop using products when the popularity dies off
unless the product is beneficial.
z
Does it make me feel good and is it
worth the money?
 Consumers continue to buy a product or service if it works and
can get them where they intended it to get them.
 Money being spent on the product of service will also determine
the continued use.

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Consumer behavior

  • 2. z Maslow’s Hierarchy of Needs  Physiological  Safety  Social  Esteem  Self-Actualization
  • 3. z Maslow’s Hierarchy of Needs  The following describe the reasons consumers make their purchasing decisions based off their behavior in daily life.
  • 4. z Physiological  Food, Water and Shelter  Needs to survive in their lifestyle  Can be based off career or living location
  • 5. z Safety  Security and Protection  Physical Protection  Financial Protection  Consumers want and need to feel safe with the products they purchase
  • 6. z Social  Friendships Needs  Newest and most popular products on the market  Consumers are drawn to new trends  People’s lifestyle choices determine their purchases
  • 7. z Esteem  Personal Needs  Respect needed from friends/family  Products that make consumers feel good about themselves
  • 8. z Self Actualization  Reaching our fullest potential  Create an image they are happy with  Being the best we can with what is available
  • 9. z Consumer Behavior  Based on Maslow’s Needs  Purchases are made from brand-loyalty  Motivation drives product purchases  Attitudes and Beliefs
  • 10. z Consumer Desires  Is the product working for me?  Does it make me feel good?  Is it worth the money I am spending?  Does it help me in my daily life?
  • 11. z Is the product working for me and does it help in my daily life?  Consumers will try a product if their friends are using it and spreading positive reviews.  Consumers stop using products when the popularity dies off unless the product is beneficial.
  • 12. z Does it make me feel good and is it worth the money?  Consumers continue to buy a product or service if it works and can get them where they intended it to get them.  Money being spent on the product of service will also determine the continued use.