Discussion: Consumer Motivation, Decision Making, and Diffusion
VerifiedAdded on 2022/08/14
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This assignment presents a discussion on consumer motivation, consumer decision making and the diffusion of innovation. The first post analyzes consumer motivation, referencing Maslow's hierarchy of needs and a Nike advertisement, exploring the impact of such advertisements on materialism. The second post examines consumer decisions and experiences through the lens of the diffusion theory of innovation, using McDonald's as an example and questioning whether MNCs should target only risk-takers. The third post, also provided in the assignment brief, further elaborates on the diffusion process as a social process, the different adopter categories and the characteristics of innovation. The assignment aims to explore the theories and concepts related to consumer behavior and marketing strategies.
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