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SAGAR KUMAR BEHERA
ROLL NO – SOM/BBS/SUM/2013/07
MARKET RESEARCH
VALS™ is a marketing and consulting tool
that helps businesses worldwide develop and
execute more effective strategies. The system
identifies current and future opportunities by
segmenting the consumer marketplace on the
basis of the personality traits that drive consumer
behavior. VALS applies in all phases of the
marketing process, from new-product
development and entry-stage targeting to
communications strategy and advertising.
VALS reflects a real-world pattern that
explains the relationship between personality
traits and consumer behavior. VALS uses
psychology to analyze the dynamics underlying
consumer preferences and choices. VALS not only
distinguishes differences in motivation, it also
captures the psychological and material
constraints on consumer behavior.
 The original VALS system was built by consumer futurist Arnold
Mitchell. Mitchell created VALS to explain changing U.S. values
and lifestyles in the 1970s.
 VALS was formally inaugurated as an SRI International product in 1978
and was cited by Advertising Age as "one of the ten top market
research breakthroughs of the 1980s.“
 In 1989, VALS was redefined to maximize its ability to predict
consumer behavior. A team of experts from SRI International,
Stanford University, and the University of California, Berkeley,
determined that consumers should be segmented on the basis of
enduring personality traits rather than social values that change
over time.
 By using psychology to analyze and predict consumer preferences and
choices, the current VALS system creates an explicit link between
personality traits and purchase behavior. The current VALS system
is described in depth in The VALS Segments.
VALS™ places U.S. adult consumers into one of
eight segments based on their responses to the
VALS questionnaire. The main dimensions of
the segmentation framework are primary
motivation (the horizontal dimension) and
resources (the vertical dimension).
1. Innovators (formerly Actualizes)
Innovators are successful, sophisticated, take-charge people with
high self-esteem. Because they have such abundant resources, they exhibit
all three primary motivations in varying degrees. They are change leaders
and are the most receptive to new ideas and technologies. Innovators are
very active consumers, and their purchases reflect cultivated tastes for
upscale, niche products and services.
2. Thinkers (formerly Fulfilled)
Thinkers are motivated by ideals. They are mature, satisfied,
comfortable , and reflective people who value order, knowledge, and
responsibility. They tend to be well educated and actively seek out
information in the decision-making process. They are well-informed about
world and national events and are alert to opportunities to broaden their
Kknowledge.
3. Achievers
Motivated by the desire for achievement, Achievers have goal-
oriented lifestyles and a deep commitment to career and family. Their
social lives reflect this focus and are structured around family, their place of
worship, and work. Achievers live conventional lives, are politically
conservative, and respect authority and the status quo. They value
consensus, predictability, and stability over risk, intimacy, and self-discovery.
4. Experiences
Experiencers are motivated by self-expression. As young,
enthusiastic, and impulsive consumers, Experiencers quickly
become enthusiastic about new possibilities but are equally quick to
cool. They seek variety and excitement, savoring the new, the offbeat,
and the risky. Their energy finds an outlet in exercise, sports, outdoor
recreation, and social activities.
5. Believers
Like Thinkers, Believers are motivated by ideals. They are
conservative, conventional people with concrete beliefs based on
traditional, established codes: family, religion, community, and the nation.
Many Believers express moral codes that are deeply rooted and literally
interpreted. They follow established routines, organized in large part around
home, family, community, and social or religious organizations to which they
belong.
6. Strivers
Strivers are trendy and fun loving. Because they are motivated by
achievement, Strivers are concerned about the opinions and approval
of others. Money defines success for Strivers, who don't have enough of it
to meet their desires. They favor stylish products that emulate the
purchases of people with greater material wealth. Many see themselves as
having a job rather than a career, and a lack of skills and focus often
prevents them from moving ahead.
7. Makers
Like Experiencers, Makers are motivated by self-expression. They
express themselves and experience the world by working on it-building a
house, raising children, fixing a car, or canning vegetables-and have enough
skill and energy to carry out their projects successfully. Makers are practical
people who have constructive skills and value self-sufficiency. They live
within a traditional context of family, practical work, and physical recreation
and have little interest in what lies outside that context.
8. Survivors (formerly Strugglers)
Survivors live narrowly focused lives. With few resources with which
to cope, they often believe that the world is changing too quickly. They are
comfortable with the familiar and are primarily concerned with safety and
security. Because they must focus on meeting needs rather than fulfilling
desires, Survivors do not show a strong primary motivation.
Vals
Vals

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Vals

  • 1. SAGAR KUMAR BEHERA ROLL NO – SOM/BBS/SUM/2013/07 MARKET RESEARCH
  • 2. VALS™ is a marketing and consulting tool that helps businesses worldwide develop and execute more effective strategies. The system identifies current and future opportunities by segmenting the consumer marketplace on the basis of the personality traits that drive consumer behavior. VALS applies in all phases of the marketing process, from new-product development and entry-stage targeting to communications strategy and advertising.
  • 3. VALS reflects a real-world pattern that explains the relationship between personality traits and consumer behavior. VALS uses psychology to analyze the dynamics underlying consumer preferences and choices. VALS not only distinguishes differences in motivation, it also captures the psychological and material constraints on consumer behavior.
  • 4.  The original VALS system was built by consumer futurist Arnold Mitchell. Mitchell created VALS to explain changing U.S. values and lifestyles in the 1970s.  VALS was formally inaugurated as an SRI International product in 1978 and was cited by Advertising Age as "one of the ten top market research breakthroughs of the 1980s.“  In 1989, VALS was redefined to maximize its ability to predict consumer behavior. A team of experts from SRI International, Stanford University, and the University of California, Berkeley, determined that consumers should be segmented on the basis of enduring personality traits rather than social values that change over time.  By using psychology to analyze and predict consumer preferences and choices, the current VALS system creates an explicit link between personality traits and purchase behavior. The current VALS system is described in depth in The VALS Segments.
  • 5.
  • 6. VALS™ places U.S. adult consumers into one of eight segments based on their responses to the VALS questionnaire. The main dimensions of the segmentation framework are primary motivation (the horizontal dimension) and resources (the vertical dimension).
  • 7. 1. Innovators (formerly Actualizes) Innovators are successful, sophisticated, take-charge people with high self-esteem. Because they have such abundant resources, they exhibit all three primary motivations in varying degrees. They are change leaders and are the most receptive to new ideas and technologies. Innovators are very active consumers, and their purchases reflect cultivated tastes for upscale, niche products and services. 2. Thinkers (formerly Fulfilled) Thinkers are motivated by ideals. They are mature, satisfied, comfortable , and reflective people who value order, knowledge, and responsibility. They tend to be well educated and actively seek out information in the decision-making process. They are well-informed about world and national events and are alert to opportunities to broaden their Kknowledge.
  • 8. 3. Achievers Motivated by the desire for achievement, Achievers have goal- oriented lifestyles and a deep commitment to career and family. Their social lives reflect this focus and are structured around family, their place of worship, and work. Achievers live conventional lives, are politically conservative, and respect authority and the status quo. They value consensus, predictability, and stability over risk, intimacy, and self-discovery. 4. Experiences Experiencers are motivated by self-expression. As young, enthusiastic, and impulsive consumers, Experiencers quickly become enthusiastic about new possibilities but are equally quick to cool. They seek variety and excitement, savoring the new, the offbeat, and the risky. Their energy finds an outlet in exercise, sports, outdoor recreation, and social activities.
  • 9. 5. Believers Like Thinkers, Believers are motivated by ideals. They are conservative, conventional people with concrete beliefs based on traditional, established codes: family, religion, community, and the nation. Many Believers express moral codes that are deeply rooted and literally interpreted. They follow established routines, organized in large part around home, family, community, and social or religious organizations to which they belong. 6. Strivers Strivers are trendy and fun loving. Because they are motivated by achievement, Strivers are concerned about the opinions and approval of others. Money defines success for Strivers, who don't have enough of it to meet their desires. They favor stylish products that emulate the purchases of people with greater material wealth. Many see themselves as having a job rather than a career, and a lack of skills and focus often prevents them from moving ahead.
  • 10. 7. Makers Like Experiencers, Makers are motivated by self-expression. They express themselves and experience the world by working on it-building a house, raising children, fixing a car, or canning vegetables-and have enough skill and energy to carry out their projects successfully. Makers are practical people who have constructive skills and value self-sufficiency. They live within a traditional context of family, practical work, and physical recreation and have little interest in what lies outside that context. 8. Survivors (formerly Strugglers) Survivors live narrowly focused lives. With few resources with which to cope, they often believe that the world is changing too quickly. They are comfortable with the familiar and are primarily concerned with safety and security. Because they must focus on meeting needs rather than fulfilling desires, Survivors do not show a strong primary motivation.