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Motivation and other factors influencing consumer behavior

Posted 01-30-2010 at 02:15 PM by ichkoguy

Abraham Mallows, hierarchy of needs on theory of human motivation is one of the most popular approaches to understand consumer motivations .According to the theory ,there are five basic levels of human needs, arranged in a hierarchy, and based on relative importance of need level. These are psychological, safety, love and belonging, esteem and self actualization.

According to Maslow, the lower order physiological and safety needs must be satisfied first before higher order needs...
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