Maslow's demand thinking model

2024-08-27 10:18:15 0 Report
This flowchart illustrates Maslow's Demand Thinking Model, specifically tailored for understanding consumer behavior in the jewelry market. By integrating Maslow's Hierarchy of Needs, the model provides insight into market demand, from basic physiological and safety needs to higher-level requirements such as love, belonging, and self-actualization. The model emphasizes the importance of meeting basic needs to ensure survival, while also encouraging the realization of personal potential and ideals. It highlights the diverse values offered to consumers at different demand levels, fostering emotional connections and self-worth. This structured approach aids in managing team dynamics and understanding consumer behavior effectively.
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