Motivation, Ability, and Opportunity Flashcards

1
Q

Definition of Motivation

A

The needs, wants, drives, and desires of an individual that leads him or her toward the purchase of products

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2
Q

3 things that affect Motivation

A
  1. Need
  2. Value
  3. Self-concept
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3
Q

Definition of Need

A

An internal state of tension caused by distance from a desired state

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4
Q

Definition of Value

A

Belief that a given behavior or outcome is good or bad

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5
Q

Definition of Self-concept

A

Our self-perception of who we are

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6
Q

Two typologies of Needs

A
  1. Typology 1
  2. Typology 2
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7
Q

Types of Needs under Typology 1

A
  1. Biogenic
  2. Psychogenic
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8
Q

Types of Needs under Typology 2

A
  1. Utilitarian
  2. Hedonic
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9
Q

Definition of Utilitarian Need

A

Functional needs that are related to the basic functions of the product

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10
Q

Definition of Hedonic Need

A

Emotional & experimental needs that go beyond the functional needs

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11
Q

5 types of Needs according to Maslow’s Need Hierarchy

A

From the most important,
1. Physiological
2. Safety
3. Belongingness
4. Ego needs
5. Self-actualization

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12
Q

Criticisms of Maslow’s Need Hierarchy

A
  1. According to the hierarchy, the needs of the upper level can only be filled after the needs of the lower level are filled
  2. The model may be too Western-centric
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13
Q

Characteristics of Needs

A
  1. Dynamic
  2. Exist in hierarchy, but may be felt simultaneously
  3. May be internally or externally aroused
  4. Can conflict
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14
Q

How can Needs conflict with each other?

A
  1. Approach-Avoidance
  2. Approach-Approach
  3. Avoidance-Avoidance
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15
Q

4 different types of Values according to Bain & Co.

A
  1. Functional element
  2. Emotional element
  3. Life changing element
  4. Social impact element
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16
Q

Definition of Political Ideologies

A

Beliefs that reflect a person’s view on how society should be governed

17
Q

Conservatives prefer…

A
  1. Vertically differentiated products
  2. Riskier financial investments
18
Q

Liberals prefer…

A
  1. Horizontally differentiated products
  2. Safer financial investments
19
Q

3 characteristics of Self-Concept

A
  1. Role identity
  2. Self-evaluations
  3. Personal qualities
20
Q

How can Self-Concept be utilized in marketing?

A
  1. Brand and self-congruence
  2. Compensatory consumption
21
Q

What is Compensatory Consumption?

A

We buy products to highlight aspects of the self and to compensate when the sense of self is threatened
A form of symbolic consumption to offset self-threats

22
Q

What is Means-End Chain Model?

A

Specific product attributes may be linked at levels of increasing abstraction to underlying values

23
Q

Different factors of Means-End Chain Model

A
  1. Attribute
    -> Tangible feature
  2. Performance benefit
    -> Functional consequence
  3. Instrumental value
    -> Psychological or social benefit that accrues from that performance
  4. Terminal value
    -> Underlying value that is reflected in the psycho-social consequence
24
Q

What are the 3 outcomes of Motivation?

A
  1. High effort behavior
  2. High-effort information processing
  3. Felt involvement
25
What is Felt Involvement?
The psychological experience of the motivated consumer regarding involvement
26
What are 2 characteristics of Felt Involvement?
1. Enduring -> Long lasting & chronic 2. Situational -> Caused by purchase or induced situation
27
Definition of Consumer Ability
Tangible resources that consumers need to have to successfully use the product
28
Different types of Consumer Ability
1. Product knowledge & expertise 2. Cognitive style (Visual or verbal) 3. Intelligence & demographics 4. Income
29
Elements that affect Consumer Ability
1. Detailed information on product use 2. Simple visual cues 3. Design of products in such a way that they are easy to use 4. Installment schemes to help pay for a product over time
30
Types of Consumer Opportunity
1. Time available for processing 2. Distraction 3. Repetition of information
31
Elements that affect Consumer Opportunity
1. Repeated communications 2. Reduce distractions/time pressure 3. Reduce purchasing/using/learning time 4. Automate processes