This is a need needsstateof feltdeprivation

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Unformatted text preview: mers to create profits and customer profits and customer equity equity 1-5 What are Consumers’ Needs, Wants, and Demands? This Is a Need Needs – State of felt deprivation including physical, social, and individual needs 1-7 Types of Needs • Physical: – Food, clothing, shelter, safety • Social: – Belonging, affection • Individual: – learning 1-8 This Is a Want Wants – Form that a human need takes as shaped by culture & individual personality 1-9 This Is Demand Wants Buying Power “Demand” 1-10 Need / Want Fulfillment • Needs and Wants Fulfilled through a Marketing Offer : – Some combination of products, services, information, or experiences offered to a market to satisfy a need or want. 1-11 What Satisfies Consumers’ Needs and Wants? Products Products Anything that can be Offered to a Market to Satisfy a Need or Want Anything that can be Offered to a Market to Satisfy a Need or Want Persons Persons Places Places Information Information Organizations Organizations Ideas Ideas Services Services Activity or Benef...
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This note was uploaded on 01/28/2014 for the course BA 331 taught by Professor Kenbaker during the Fall '11 term at University of Tennessee.

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