Consumer Behavior
Consumer Behavior
Submitted by:
Course Name:
Consumer Behavior
Submitted to
Ma’am Momina
Date
16-april-2024
University of Gujrat
Take any 5 brands and try to figure it out what is their target
audience and what kind of consumer needs they are addressing.
Explain it in the context of all 4 theories.
Amazon
Red bull
Google
Ikea
Spotify
1. Amazon:
2. Google :
Google was founded in 1995 by Larry Page and
Google has since developed numerous products and services, including Gmail,
Google Maps, Google Drive, Google Workspace, Android, YouTube, Google
Search and more.
The company has received criticism for issues like privacy concerns, tax
avoidance, censorship, search neutrality, antitrust and abuse of its monopoly
position. Google’s target audience is diverse, as their products and services
cater to various consumer needs. I’ll analyze Google’s target audience and
consumer needs through the lenses of Hull’s Drive Reduction Theory,
McClelland’s Acquired Needs Theory, Maslow’s Hierarchy of Needs, and
McGuire’s Psychological Motives Theory.
Hull’s Drive Reduction Theory:According to Hull, behavior is motivated by
physiological needs, which create drives that push individuals to act. Google’s
products address various physiological needs:
Information search: Google Search reduces the drive for knowledge and
understanding.
Communication: Gmail, Google Hangouts, and Google Duo satisfy the
need for social interaction.
Navigation: Google Maps reduces the drive for spatial awareness and
navigation.
3. Red Bull’s :
Red Bull’s target audience and the consumer
Target Audience:
Red Bull’s target audience primarily consists of young adults, particularly those
involved in active lifestyles, sports, and extreme activities. This includes
athletes, gamers, students, professionals, and adrenaline junkies who seek
energy, stimulation, and performance enhancement.
McClelland’s Theory:
Need for Achievement: Red Bull appeals to individuals with a high need
for achievement by positioning its brand as a catalyst for success and
accomplishment. By consuming Red Bull, individuals may feel more
energized, focused, and driven to pursue their goals, whether it’s winning
a race, completing a project, or achieving personal milestones.
Need for Affiliation: Red Bull fosters a sense of affiliation by sponsoring
events and activities that bring people together and create opportunities
for social interaction and camaraderie. Whether it’s attending a Red Bull-
sponsored concert or participating in a Red Bull-sponsored sports event,
consumers can feel a sense of belonging and connection to the brand and
its community.
Need for Power: Red Bull indirectly satisfies the need for power by
providing individuals with the energy and confidence needed to assert
themselves and take charge of their lives. Whether it’s leading a team,
taking on a leadership role, or tackling a daunting challenge, Red Bull can
help individuals feel more energized, focused, and capable of exerting
influence and control over their circumstances.
McGuire’s Psychological Motives:
4. IKEA
Ikea’s target audience includes individuals and families who are looking for
affordable and stylish furniture and home décor. They aim to address various
consumer needs based on theories like Hull’s, McClelland’s, Maslow’s, and
McGuire’s.
Ikea addresses the need for satisfaction and reduction of drives by offering a
wide range of functional and aesthetically pleasing products at affordable
prices. This can fulfill consumers’ desire for comfort and a sense of
accomplishment.
major gaps in Spotify’s coverage, such as Russia Here are some key features of
Spotify .
Spotify’s target audience is diverse, but I’ll analyze their target audience and
consumer needs through the lenses of Hull’s Drive Reduction Theory,
McClelland’s Acquired Needs Theory, Maslow’s Hierarchy of Needs, and
McGuire’s Psychological Motives Theory.
Auditory stimulation: Music and podcasts satisfy the need for auditory
stimulation and entertainment.
Exploration: Discovery features like Discover Weekly, Release Radar,
and Daily Mix playlists reduce the drive for novelty and exploration.
Social connection: Spotify’s social features, like shared playlists and
friend activity, satisfy the need for social interaction.
Need for Achievement: Users can create and share playlists, and track
their listening habits, giving them a sense of accomplishment.
Need for Affiliation :Spotify’s social features and shared playlists cater
to the need for social connection and belonging.
Need for Power :Users have control over their music experience, with
features like playlist creation and discovery, giving them a sense of
control.
Acquisition_: Users can collect and curate music, satisfying the need for
acquisition.
Protection_: Spotify’s reliable service and user-friendly interface provide
a sense of protection and risk avoidance.
Social approval_: Social features and shared playlists help users seek
social approval and validation.
Personal growth_: Spotify’s discovery features and diverse content
enable users to explore and develop their musical tastes.
Link’s of Brand’s :
https://youtu.be/kGli_grpDVE?si=O5A-pfxSKCa4KoAr
https://youtu.be/bWd6VkgDrKg?si=cSDnI2MR7AoHrfR8
https://youtu.be/WLyGLk2hDw4?si=XTeNQtH9UQNP3wcw
https://youtu.be/HcqP5e49qEc?si=HPWtaT0xpHMAoxBC
https://youtu.be/z2ZuYWnUhVw?si=GOQXat8PtdHQoqqI