Consumer Mind Set: Motivation

Nonfiction, Entertainment, Drama, Anthologies
Cover of the book Consumer Mind Set: Motivation by Christoph Stockstrom, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Christoph Stockstrom ISBN: 9783638403993
Publisher: GRIN Publishing Publication: July 29, 2005
Imprint: GRIN Publishing Language: English
Author: Christoph Stockstrom
ISBN: 9783638403993
Publisher: GRIN Publishing
Publication: July 29, 2005
Imprint: GRIN Publishing
Language: English

Seminar paper from the year 2003 in the subject American Studies - Culture and Applied Geography, grade: 1,0, University of Hamburg, 9 entries in the bibliography, language: English, abstract: Introduction We know nothing about motivation. All we can do is write books about it. PETER F. DRUCKER Motivation is a hypothetical construct serving to explain the stimuli of human behavior1, i.e. it describes what 'makes people tick'. Hence, understanding motivation is of vital importance whenever one interacts with other people. In the field of business it is especially relevant in organization science and marketing. While organization science emphasizes the motivation of employees, marketing focuses on the motivation of consumers in order to enable a company to design products which meet consumers' needs and wants. In this context '[t]he investigation of motivation is central to understanding the acquisition, consumption, and disposition of goods, services, and ideas.'2 Taking into account the fundamental role of motivation as a key driver of human behavior, PROFESSOR DRUCKER'S claim would indicate that marketing managers would largely have to rely on luck when designing and marketing their products. However, the situation concerning targeted marketing activities does not seem to be so bleak, if one considers that some companies consistently outperform others. Merely attributing this to a luckier marketing department therefore seems inappropriate. Hence, it is the aim of this paper to probe PROFESSOR DRUCKER'S opinion and shed some light on the different aspects of motivation in consumer research. This requires taking into account the theoretical background of motivation, as well as an analysis of the problems practitioners face when measuring this hypothetical construct. Moreover, one has to investigate how they use these results to derive appropriate marketing strategies. For this purpose, the paper is organized as follows: The second section - without claiming to be exhaustive - provides an overview of the theory necessary to appreciate the importance of motivation. The third section turns to the practical implications considering the collection of information on motivation and the exploitation of this data for marketing purposes. The paper finishes with a summary of the obtained results.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Seminar paper from the year 2003 in the subject American Studies - Culture and Applied Geography, grade: 1,0, University of Hamburg, 9 entries in the bibliography, language: English, abstract: Introduction We know nothing about motivation. All we can do is write books about it. PETER F. DRUCKER Motivation is a hypothetical construct serving to explain the stimuli of human behavior1, i.e. it describes what 'makes people tick'. Hence, understanding motivation is of vital importance whenever one interacts with other people. In the field of business it is especially relevant in organization science and marketing. While organization science emphasizes the motivation of employees, marketing focuses on the motivation of consumers in order to enable a company to design products which meet consumers' needs and wants. In this context '[t]he investigation of motivation is central to understanding the acquisition, consumption, and disposition of goods, services, and ideas.'2 Taking into account the fundamental role of motivation as a key driver of human behavior, PROFESSOR DRUCKER'S claim would indicate that marketing managers would largely have to rely on luck when designing and marketing their products. However, the situation concerning targeted marketing activities does not seem to be so bleak, if one considers that some companies consistently outperform others. Merely attributing this to a luckier marketing department therefore seems inappropriate. Hence, it is the aim of this paper to probe PROFESSOR DRUCKER'S opinion and shed some light on the different aspects of motivation in consumer research. This requires taking into account the theoretical background of motivation, as well as an analysis of the problems practitioners face when measuring this hypothetical construct. Moreover, one has to investigate how they use these results to derive appropriate marketing strategies. For this purpose, the paper is organized as follows: The second section - without claiming to be exhaustive - provides an overview of the theory necessary to appreciate the importance of motivation. The third section turns to the practical implications considering the collection of information on motivation and the exploitation of this data for marketing purposes. The paper finishes with a summary of the obtained results.

More books from GRIN Publishing

Cover of the book Modal structures of political commitment by Christoph Stockstrom
Cover of the book Dracula and Victorianism: A conservative or subversive novel? by Christoph Stockstrom
Cover of the book The international orientation of companies by Christoph Stockstrom
Cover of the book Good and bad practice in participatory research by Christoph Stockstrom
Cover of the book An Overview of Context-Aware Information Systems by Christoph Stockstrom
Cover of the book Der internationale Währungsfond - IWF by Christoph Stockstrom
Cover of the book Trade barriers in the triad communities by Christoph Stockstrom
Cover of the book Increasing computational speed in pricing single tranche CDOs by Christoph Stockstrom
Cover of the book Comparison of the supernatural elements in Washington Irving's short stories by Christoph Stockstrom
Cover of the book Evidence Based Reasoning / Statistical Literacy Teaching Statistics and Econometrics by Christoph Stockstrom
Cover of the book Das Auferstehungsfenster von Georg Meistermann in der Mainzer St. Franziskuskirche by Christoph Stockstrom
Cover of the book Global Transcriptional Responses of Fission Yeast to Glucose Starvation Stress by Christoph Stockstrom
Cover of the book The Phenomenon 'Harry Potter' - The Secret of its success by Christoph Stockstrom
Cover of the book Demographic Trends in the United States. The Changing Electoral Demographics by Christoph Stockstrom
Cover of the book The Freirean Approach to Adult literacy Education by Christoph Stockstrom
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy