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By: Vikram Dahiya & Renju Jose
Model of Buyer Behavior

Marketing and   Buyer’s Black Box        Buyer Responses
Other Stimuli

Marketing       Buyer Characteristics    Product Choice
Product         Buyer Decision Process   Brand Choice
Price                                    Dealer Choice
Place
Promotion
Other                                    Purchase Timing
Economic                                 Purchase Amount
Technological
Political
Cultural
Values, Attitudes and
    Life-Styles (VALS)

                 Innovators
                  Innovators   High Innovation
High Resources




   Thinkers
   Thinkers      Achievers
                 Achievers       Experiencers
                                 Experiencers



   Believers
   Believers      Strivers
                  Strivers         Makers
                                   Makers




                 Survivors
                 Survivors
 Low Resources                   Low Innovation
The main dimensions of the VALS
framework are:

Primary motivation (the horizontal dimension)
Resources (the vertical dimension).



The vertical dimension segments people based on the
degree to which they are innovative and have resources
such as income, education, self-confidence, intelligence,
leadership skills, and energy.
VALS Framework and Segments



          Innovators
           Thinkers
           Believers
           Achievers
            Strivers
         Experiencers
            Makers
           Survivors
Innovators
 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.
 Image is important to Innovators, not as evidence of status
  or power but as an expression of their taste, independence,
  and personality.
 Their lives are characterized by variety. Their possessions
  and recreation reflect a cultivated taste for the finer things in
  life.
Innovator Buys


BMW
Luxury Watches
Alien ware
Thinkers
• These consumers are the high-resource group of
  those who are motivated by ideals. They are mature,
  responsible, well-educated professionals.

• Their leisure activities center on their homes, but they
  are well informed about what goes on in the world and
  are open to new ideas and social change.

• They have high incomes but are practical consumers
  and rational decision makers.
• 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
  knowledge.
• They have a moderate respect for the status-quo
  institutions of authority and social decorum, but are
  open to consider new ideas. Although their incomes
  allow them many choices, Thinkers are
  conservative, practical consumers; they look for
  durability and functionality.
Thinker Buys

Branded Shoes
Renowned Books
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.

•They follow established routines, organized in large part
around home, family, community and social or religious
organizations to which they belong.

•As consumers, Believers are predictable; they choose
familiar products and established brands. They favor
American products and are generally loyal customers.
Believer Buys


Mercury
Local TV News
Old and trusted Brands like Bata, Rin etc.
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.
Achiever Buys

Honda
Low-Calorie Domestic Beer
i–pad etc.
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.

Narrow interests
Easily bored
Somewhat isolated
Look to peer group for motivation and approval
Unconcerned about health and nutrition
Politically apathetic
Image conscious
Spend on clothing and personal care products
Prefer TV to Reading
Striver Buys



Chevrolet
Playboy
Coke Classic
Lottery Ticket
Experiencers
Experiencers are motivated by self-expression. Young,
enthusiastic and impulsive consumers. Experiencers
quickly become enthusiastic about new possibilities but
are equally quick to cool down.

Like the new, offbeat and risky
Like exercise, socializing, sports and outdoors
Concerned about image
Un-conforming, but admire wealth, power and fame
Politically apathetic
Follow fashion and fads
Spend much of disposable income on socializing
Buys on impulse
Attend to advertising
Listens to Rock Music
Experiencer Buys


Designer Jeans
Electric Guitar
Branded and Stylish Sportswear
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.
 Makers are suspicious of new ideas and large
  institutions such as big businesses.
Makers (contd.)

They are respectful of government authority and organized
labor but resentful of government intrusion on individual
rights. They are unimpressed by material possessions other
than those with a practical or functional purpose. Because
they prefer value to luxury, they buy basic products.
Maker Buys


Comfortable Chair , Cushion
Air Coolers
Basic Shirts ( Non luxury)
Filmfare Magazine
Budweiser Beer
NASCAR
Survivors
Limited interests and activities
Prime concerns are safety and security
Burdened with health problems
Conservative and traditional
Rely on organized religion
Brand loyal
Use coupons and look out for sales
Trust advertising
Watch TV often
Read tabloids and women's magazines
Survivors (Contd)

VERY LOW ON Ideals/Achievement/Self-Expression
VERY LOW on resources and innovation

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.
Survivor Buys


Medicines
Milk and Bread
Sodex Ho Coupons
Femina
Remember                VALS

People buy products, services and seek experiences that
fulfill their characteristic preferences and give shape,
substance and satisfaction to their lives.

•VALS Evolved to explain the relationship between
psychology and consumer behavior
•VALS measures the person's ability to express
himself/herself in the market place
•VALS uses proprietary psychometric techniques to
measure concepts that researchers have proved empirically
to correlate with consumer  behavior.
References
1. www.strategicbusinessinsight.com
2. Wikipedia
3. http://www.scribd.com/doc/22753864/VALS-Value-
   Attitude-Lifestyle-Survey
4. http://www.d.umn.edu/~rvaidyan/mktg4731/vals2tbl
   .htm
5. http://www.slideshare.net/clsmith652/buyer-
   behaviour-market-research-portfolio
6. http://cla.calpoly.edu/legacies/rsimon/rsimonsite/Hu
   m410/VALS%20Advertising%20Theory.htm

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VALS

  • 1. By: Vikram Dahiya & Renju Jose
  • 2. Model of Buyer Behavior Marketing and Buyer’s Black Box Buyer Responses Other Stimuli Marketing Buyer Characteristics Product Choice Product Buyer Decision Process Brand Choice Price Dealer Choice Place Promotion Other Purchase Timing Economic Purchase Amount Technological Political Cultural
  • 3. Values, Attitudes and Life-Styles (VALS) Innovators Innovators High Innovation High Resources Thinkers Thinkers Achievers Achievers Experiencers Experiencers Believers Believers Strivers Strivers Makers Makers Survivors Survivors Low Resources Low Innovation
  • 4. The main dimensions of the VALS framework are: Primary motivation (the horizontal dimension) Resources (the vertical dimension). The vertical dimension segments people based on the degree to which they are innovative and have resources such as income, education, self-confidence, intelligence, leadership skills, and energy.
  • 5. VALS Framework and Segments Innovators Thinkers Believers Achievers Strivers Experiencers Makers Survivors
  • 6.
  • 7. Innovators  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.  Image is important to Innovators, not as evidence of status or power but as an expression of their taste, independence, and personality.  Their lives are characterized by variety. Their possessions and recreation reflect a cultivated taste for the finer things in life.
  • 9. Thinkers • These consumers are the high-resource group of those who are motivated by ideals. They are mature, responsible, well-educated professionals. • Their leisure activities center on their homes, but they are well informed about what goes on in the world and are open to new ideas and social change. • They have high incomes but are practical consumers and rational decision makers.
  • 10. • 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 knowledge. • They have a moderate respect for the status-quo institutions of authority and social decorum, but are open to consider new ideas. Although their incomes allow them many choices, Thinkers are conservative, practical consumers; they look for durability and functionality.
  • 12. 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. •They follow established routines, organized in large part around home, family, community and social or religious organizations to which they belong. •As consumers, Believers are predictable; they choose familiar products and established brands. They favor American products and are generally loyal customers.
  • 13. Believer Buys Mercury Local TV News Old and trusted Brands like Bata, Rin etc.
  • 14. 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.
  • 16. 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. Narrow interests Easily bored Somewhat isolated Look to peer group for motivation and approval Unconcerned about health and nutrition Politically apathetic Image conscious Spend on clothing and personal care products Prefer TV to Reading
  • 18. Experiencers Experiencers are motivated by self-expression. Young, enthusiastic and impulsive consumers. Experiencers quickly become enthusiastic about new possibilities but are equally quick to cool down. Like the new, offbeat and risky Like exercise, socializing, sports and outdoors Concerned about image Un-conforming, but admire wealth, power and fame Politically apathetic Follow fashion and fads Spend much of disposable income on socializing Buys on impulse Attend to advertising Listens to Rock Music
  • 19. Experiencer Buys Designer Jeans Electric Guitar Branded and Stylish Sportswear
  • 20. 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.  Makers are suspicious of new ideas and large institutions such as big businesses.
  • 21. Makers (contd.) They are respectful of government authority and organized labor but resentful of government intrusion on individual rights. They are unimpressed by material possessions other than those with a practical or functional purpose. Because they prefer value to luxury, they buy basic products.
  • 22. Maker Buys Comfortable Chair , Cushion Air Coolers Basic Shirts ( Non luxury) Filmfare Magazine Budweiser Beer NASCAR
  • 23. Survivors Limited interests and activities Prime concerns are safety and security Burdened with health problems Conservative and traditional Rely on organized religion Brand loyal Use coupons and look out for sales Trust advertising Watch TV often Read tabloids and women's magazines
  • 24. Survivors (Contd) VERY LOW ON Ideals/Achievement/Self-Expression VERY LOW on resources and innovation 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.
  • 25. Survivor Buys Medicines Milk and Bread Sodex Ho Coupons Femina
  • 26. Remember  VALS People buy products, services and seek experiences that fulfill their characteristic preferences and give shape, substance and satisfaction to their lives. •VALS Evolved to explain the relationship between psychology and consumer behavior •VALS measures the person's ability to express himself/herself in the market place •VALS uses proprietary psychometric techniques to measure concepts that researchers have proved empirically to correlate with consumer  behavior.
  • 27. References 1. www.strategicbusinessinsight.com 2. Wikipedia 3. http://www.scribd.com/doc/22753864/VALS-Value- Attitude-Lifestyle-Survey 4. http://www.d.umn.edu/~rvaidyan/mktg4731/vals2tbl .htm 5. http://www.slideshare.net/clsmith652/buyer- behaviour-market-research-portfolio 6. http://cla.calpoly.edu/legacies/rsimon/rsimonsite/Hu m410/VALS%20Advertising%20Theory.htm