Basic Needs Drive Consumer Behavior
One of my favorite subjects in college was psychology. I was fascinated by the research which tried to explain why people did what they did, how they processed information, made decisions, learned from their mistakes. I never tired of reading conflicting arguments about nature vs nurture, and how these two elements drove human behavior. It is not surprise, when I went on to study marketing in grad school, it was the course in Consumer Behavior which intrigued me the most. My professor, Dr. Thomas Reynolds had published a series of papers advancing the theory that every decision...
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