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Title: maslow's hierarchy of needs

Essay Details

Subject: Business
Author: Susan R
Date: December 19, 2012
Level: University
Grade: A
Length: 12 / 3595
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Evidence from various studies shows that there is indeed a link between the motivations of consumers and the hierarchical ranking of needs found in Maslow's theory. Advertisers have found it particularly useful to appeal to "higher" needs (such as status or social belonging), even when making pitches for items relating to the "basic" needs (such as food or clothing)...

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Maslow's theory has also been found helpful in creating methods for segmenting markets; in other words, consumers can be ranked according to their lifestyle characteristics, which are in turn derived from Maslow's views on the needs that motivate people. Although Maslow did not explicit discuss the topic, it has also been found that "fun" is an important consumer motivation, and advertisers need to take this factor into account along with the other motivational needs...

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