Principles of Marketing

(C. Jardin) #1

Saylor URL: http://www.saylor.org/books Saylor.org


[6] Benny Barak and Steven Gould, “Alternative Age Measures: A Research Agenda,” in Advances in Consumer
Research, vol. 12, ed. Elizabeth C. Hirschman and Morris B. Holbrook (Provo, UT: Association for Consumer
Research, 1985), 53–58.
[7] Benny Barak and Steven Gould, “Alternative Age Measures: A Research Agenda,” in Advances in Consumer
Research, vol. 12, ed. Elizabeth C. Hirschman and Morris B. Holbrook (Provo, UT: Association for Consumer
Research, 1985), 53–58.
[8] Robert Berner, “Detergent Can Be So Much More,” BusinessWeek, May 1, 2006, 66–68.


3.4 Psychological Factors That Affect People’s Buying Behavior


LEARNING OBJECTIVES



  1. Explain how Maslow’s hierarchy of needs works.

  2. Outline the additional psychological factors that affect people’s buying behavior.


Motivation

Motivation is the inward drive we have to get what we need. In the mid-1900s, Abraham Maslow, an
American psychologist, developed the hierarchy of needs shown in Figure 3.8 "Maslow’s Hierarchy of
Needs".
Figure 3.8 Maslow’s Hierarchy of Needs

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