SlideShare a Scribd company logo
1 of 12
SAGAR KUMAR BEHERA
ROLL NO – SOM/BBS/SUM/2013/07
MARKET RESEARCH
VALS™ is a marketing and consulting tool
that helps businesses worldwide develop and
execute more effective strategies. The system
identifies current and future opportunities by
segmenting the consumer marketplace on the
basis of the personality traits that drive consumer
behavior. VALS applies in all phases of the
marketing process, from new-product
development and entry-stage targeting to
communications strategy and advertising.
VALS reflects a real-world pattern that
explains the relationship between personality
traits and consumer behavior. VALS uses
psychology to analyze the dynamics underlying
consumer preferences and choices. VALS not only
distinguishes differences in motivation, it also
captures the psychological and material
constraints on consumer behavior.
 The original VALS system was built by consumer futurist Arnold
Mitchell. Mitchell created VALS to explain changing U.S. values
and lifestyles in the 1970s.
 VALS was formally inaugurated as an SRI International product in 1978
and was cited by Advertising Age as "one of the ten top market
research breakthroughs of the 1980s.“
 In 1989, VALS was redefined to maximize its ability to predict
consumer behavior. A team of experts from SRI International,
Stanford University, and the University of California, Berkeley,
determined that consumers should be segmented on the basis of
enduring personality traits rather than social values that change
over time.
 By using psychology to analyze and predict consumer preferences and
choices, the current VALS system creates an explicit link between
personality traits and purchase behavior. The current VALS system
is described in depth in The VALS Segments.
VALS™ places U.S. adult consumers into one of
eight segments based on their responses to the
VALS questionnaire. The main dimensions of
the segmentation framework are primary
motivation (the horizontal dimension) and
resources (the vertical dimension).
1. Innovators (formerly Actualizes)
Innovators are successful, sophisticated, take-charge people with
high self-esteem. Because they have such abundant resources, they exhibit
all three primary motivations in varying degrees. They are change leaders
and are the most receptive to new ideas and technologies. Innovators are
very active consumers, and their purchases reflect cultivated tastes for
upscale, niche products and services.
2. Thinkers (formerly Fulfilled)
Thinkers are motivated by ideals. They are mature, satisfied,
comfortable , and reflective people who value order, knowledge, and
responsibility. They tend to be well educated and actively seek out
information in the decision-making process. They are well-informed about
world and national events and are alert to opportunities to broaden their
Kknowledge.
3. Achievers
Motivated by the desire for achievement, Achievers have goal-
oriented lifestyles and a deep commitment to career and family. Their
social lives reflect this focus and are structured around family, their place of
worship, and work. Achievers live conventional lives, are politically
conservative, and respect authority and the status quo. They value
consensus, predictability, and stability over risk, intimacy, and self-discovery.
4. Experiences
Experiencers are motivated by self-expression. As young,
enthusiastic, and impulsive consumers, Experiencers quickly
become enthusiastic about new possibilities but are equally quick to
cool. They seek variety and excitement, savoring the new, the offbeat,
and the risky. Their energy finds an outlet in exercise, sports, outdoor
recreation, and social activities.
5. Believers
Like Thinkers, Believers are motivated by ideals. They are
conservative, conventional people with concrete beliefs based on
traditional, established codes: family, religion, community, and the nation.
Many Believers express moral codes that are deeply rooted and literally
interpreted. They follow established routines, organized in large part around
home, family, community, and social or religious organizations to which they
belong.
6. Strivers
Strivers are trendy and fun loving. Because they are motivated by
achievement, Strivers are concerned about the opinions and approval
of others. Money defines success for Strivers, who don't have enough of it
to meet their desires. They favor stylish products that emulate the
purchases of people with greater material wealth. Many see themselves as
having a job rather than a career, and a lack of skills and focus often
prevents them from moving ahead.
7. Makers
Like Experiencers, Makers are motivated by self-expression. They
express themselves and experience the world by working on it-building a
house, raising children, fixing a car, or canning vegetables-and have enough
skill and energy to carry out their projects successfully. Makers are practical
people who have constructive skills and value self-sufficiency. They live
within a traditional context of family, practical work, and physical recreation
and have little interest in what lies outside that context.
8. Survivors (formerly Strugglers)
Survivors live narrowly focused lives. With few resources with which
to cope, they often believe that the world is changing too quickly. They are
comfortable with the familiar and are primarily concerned with safety and
security. Because they must focus on meeting needs rather than fulfilling
desires, Survivors do not show a strong primary motivation.
Vals
Vals

More Related Content

What's hot

Brand positioning
Brand positioning Brand positioning
Brand positioning Er Gupta
 
Influence of reference groups on consumer behaviour
Influence of reference groups on consumer behaviourInfluence of reference groups on consumer behaviour
Influence of reference groups on consumer behaviourprabaharan b
 
Personality in consumer behavior
Personality in consumer behaviorPersonality in consumer behavior
Personality in consumer behaviorVijayalaxmi Jena
 
Customer Based Brand Equity
Customer Based Brand EquityCustomer Based Brand Equity
Customer Based Brand EquityYIGIT ACIKAY
 
DESIGNING AND IMPLEMENTING BRANDING STRATEGIES
DESIGNING AND IMPLEMENTING BRANDING STRATEGIESDESIGNING AND IMPLEMENTING BRANDING STRATEGIES
DESIGNING AND IMPLEMENTING BRANDING STRATEGIESAvinash Singh
 
Culture of Consumer Behavior
Culture of Consumer BehaviorCulture of Consumer Behavior
Culture of Consumer BehaviorRupesh Poddar
 
Buying decision process in rural marketing
Buying decision process in rural marketingBuying decision process in rural marketing
Buying decision process in rural marketingkanikaguptauicet
 
Culture and Consumer Behavior
Culture and Consumer Behavior Culture and Consumer Behavior
Culture and Consumer Behavior MD SALMAN ANJUM
 
Brand Equity
Brand EquityBrand Equity
Brand EquitySj -
 
culture & indian consumer buying behavior by Amitesh singh yadav
culture & indian consumer buying behavior by Amitesh singh yadavculture & indian consumer buying behavior by Amitesh singh yadav
culture & indian consumer buying behavior by Amitesh singh yadavAmitesh Singh Yadav
 
Consumer imagery in consumer behavior
Consumer imagery in consumer  behaviorConsumer imagery in consumer  behavior
Consumer imagery in consumer behaviorFizzaTariq4
 
Brand Portfolio
Brand PortfolioBrand Portfolio
Brand Portfoliosdusane1
 
Consumer Behaviour- Influence of culture
Consumer Behaviour- Influence of cultureConsumer Behaviour- Influence of culture
Consumer Behaviour- Influence of culturerainbowlink
 
Consumer behavior and factors influencing consumer behavior
Consumer behavior and factors influencing consumer behaviorConsumer behavior and factors influencing consumer behavior
Consumer behavior and factors influencing consumer behaviorWish Mrt'xa
 
Consumer Behaviour Chapter 4 Consumer Motivation
Consumer Behaviour Chapter 4 Consumer MotivationConsumer Behaviour Chapter 4 Consumer Motivation
Consumer Behaviour Chapter 4 Consumer MotivationFarman Zakhilwal
 
Chapter 6 Consumer Perception
Chapter 6 Consumer PerceptionChapter 6 Consumer Perception
Chapter 6 Consumer PerceptionAvinash Kumar
 

What's hot (20)

Brand positioning
Brand positioning Brand positioning
Brand positioning
 
Influence of reference groups on consumer behaviour
Influence of reference groups on consumer behaviourInfluence of reference groups on consumer behaviour
Influence of reference groups on consumer behaviour
 
Consumer Motivation
Consumer MotivationConsumer Motivation
Consumer Motivation
 
Personality in consumer behavior
Personality in consumer behaviorPersonality in consumer behavior
Personality in consumer behavior
 
Customer Based Brand Equity
Customer Based Brand EquityCustomer Based Brand Equity
Customer Based Brand Equity
 
DESIGNING AND IMPLEMENTING BRANDING STRATEGIES
DESIGNING AND IMPLEMENTING BRANDING STRATEGIESDESIGNING AND IMPLEMENTING BRANDING STRATEGIES
DESIGNING AND IMPLEMENTING BRANDING STRATEGIES
 
Culture of Consumer Behavior
Culture of Consumer BehaviorCulture of Consumer Behavior
Culture of Consumer Behavior
 
Buying decision process in rural marketing
Buying decision process in rural marketingBuying decision process in rural marketing
Buying decision process in rural marketing
 
Culture and Consumer Behavior
Culture and Consumer Behavior Culture and Consumer Behavior
Culture and Consumer Behavior
 
Brand Equity
Brand EquityBrand Equity
Brand Equity
 
culture & indian consumer buying behavior by Amitesh singh yadav
culture & indian consumer buying behavior by Amitesh singh yadavculture & indian consumer buying behavior by Amitesh singh yadav
culture & indian consumer buying behavior by Amitesh singh yadav
 
Consumer imagery in consumer behavior
Consumer imagery in consumer  behaviorConsumer imagery in consumer  behavior
Consumer imagery in consumer behavior
 
Brand Portfolio
Brand PortfolioBrand Portfolio
Brand Portfolio
 
Rural consumer behaviour
Rural consumer behaviourRural consumer behaviour
Rural consumer behaviour
 
opinion Leadership
opinion Leadershipopinion Leadership
opinion Leadership
 
Consumer Behaviour- Influence of culture
Consumer Behaviour- Influence of cultureConsumer Behaviour- Influence of culture
Consumer Behaviour- Influence of culture
 
Consumer behavior and factors influencing consumer behavior
Consumer behavior and factors influencing consumer behaviorConsumer behavior and factors influencing consumer behavior
Consumer behavior and factors influencing consumer behavior
 
Consumer Behaviour Chapter 4 Consumer Motivation
Consumer Behaviour Chapter 4 Consumer MotivationConsumer Behaviour Chapter 4 Consumer Motivation
Consumer Behaviour Chapter 4 Consumer Motivation
 
Brand Repositioning
Brand RepositioningBrand Repositioning
Brand Repositioning
 
Chapter 6 Consumer Perception
Chapter 6 Consumer PerceptionChapter 6 Consumer Perception
Chapter 6 Consumer Perception
 

Viewers also liked (20)

VALS MODELS
VALS MODELSVALS MODELS
VALS MODELS
 
Vals
ValsVals
Vals
 
Values and Life Style(Brand Loyalty)
Values and Life Style(Brand Loyalty)Values and Life Style(Brand Loyalty)
Values and Life Style(Brand Loyalty)
 
Vals
ValsVals
Vals
 
EL SISTEMA VALS
EL SISTEMA VALSEL SISTEMA VALS
EL SISTEMA VALS
 
Segmentación
SegmentaciónSegmentación
Segmentación
 
Market segmentation PPT
Market segmentation PPTMarket segmentation PPT
Market segmentation PPT
 
Pidilite - VALS Framework
Pidilite - VALS FrameworkPidilite - VALS Framework
Pidilite - VALS Framework
 
MASLOWS’ NEED HIERARCHY OF MOTIVATION
MASLOWS’ NEED HIERARCHY OF MOTIVATIONMASLOWS’ NEED HIERARCHY OF MOTIVATION
MASLOWS’ NEED HIERARCHY OF MOTIVATION
 
Market segmentation presentation
Market segmentation presentationMarket segmentation presentation
Market segmentation presentation
 
Market Segmentation
Market SegmentationMarket Segmentation
Market Segmentation
 
Maslow’s Theory of Hierarchy of Needs
Maslow’s Theory of Hierarchy of NeedsMaslow’s Theory of Hierarchy of Needs
Maslow’s Theory of Hierarchy of Needs
 
Poshtick
PoshtickPoshtick
Poshtick
 
05 vals-personality-types
05 vals-personality-types05 vals-personality-types
05 vals-personality-types
 
IKEA(MARKETING STRATEGY)
IKEA(MARKETING STRATEGY)IKEA(MARKETING STRATEGY)
IKEA(MARKETING STRATEGY)
 
Taller 6 segmentacion
Taller 6 segmentacionTaller 6 segmentacion
Taller 6 segmentacion
 
Vals
ValsVals
Vals
 
Behavioral based segmentation and marketing success
Behavioral based segmentation and marketing successBehavioral based segmentation and marketing success
Behavioral based segmentation and marketing success
 
Specialty store
Specialty storeSpecialty store
Specialty store
 
Team x hw 2
Team x hw 2Team x hw 2
Team x hw 2
 

Similar to Vals

Similar to Vals (20)

Defination of vals assignment
Defination of vals assignmentDefination of vals assignment
Defination of vals assignment
 
CB UNIT-II.pptx
CB UNIT-II.pptxCB UNIT-II.pptx
CB UNIT-II.pptx
 
Group Project-VALS
Group Project-VALSGroup Project-VALS
Group Project-VALS
 
Mk0011 consumer behaviour
Mk0011  consumer behaviourMk0011  consumer behaviour
Mk0011 consumer behaviour
 
A Global WorkforceGlobalization Impact on CultureCulture is im.docx
A Global WorkforceGlobalization Impact on CultureCulture is im.docxA Global WorkforceGlobalization Impact on CultureCulture is im.docx
A Global WorkforceGlobalization Impact on CultureCulture is im.docx
 
Va ls
Va lsVa ls
Va ls
 
Vals
ValsVals
Vals
 
16 cb vals 2015
16 cb vals 201516 cb vals 2015
16 cb vals 2015
 
Va ls
Va lsVa ls
Va ls
 
Chapter eight
Chapter eightChapter eight
Chapter eight
 
Audiences
AudiencesAudiences
Audiences
 
Consumer Demographic and lifestyle
Consumer Demographic and lifestyleConsumer Demographic and lifestyle
Consumer Demographic and lifestyle
 
Organizational culture
Organizational cultureOrganizational culture
Organizational culture
 
Nz social marketing-workshops
Nz social marketing-workshopsNz social marketing-workshops
Nz social marketing-workshops
 
Opinion Leaders
Opinion Leaders Opinion Leaders
Opinion Leaders
 
Himlaya herbals shreya
Himlaya herbals  shreyaHimlaya herbals  shreya
Himlaya herbals shreya
 
Mk0011 consumer behaviour
Mk0011  consumer behaviourMk0011  consumer behaviour
Mk0011 consumer behaviour
 
managed creby ........................ ......................docx
managed creby ........................ ......................docxmanaged creby ........................ ......................docx
managed creby ........................ ......................docx
 
Minggoy
MinggoyMinggoy
Minggoy
 
MINDSHIFTS_LeadYourCulture_final
MINDSHIFTS_LeadYourCulture_finalMINDSHIFTS_LeadYourCulture_final
MINDSHIFTS_LeadYourCulture_final
 

More from Sagar kumar

relivance of business ethics of flipkart
relivance of business ethics of flipkartrelivance of business ethics of flipkart
relivance of business ethics of flipkartSagar kumar
 
relivance of apps in business
relivance of apps in businessrelivance of apps in business
relivance of apps in businessSagar kumar
 
six sigma implimentation of brass utensil
six sigma implimentation of brass utensilsix sigma implimentation of brass utensil
six sigma implimentation of brass utensilSagar kumar
 
Service marketing of IBM
Service marketing of IBMService marketing of IBM
Service marketing of IBMSagar kumar
 
Problem and challenges in agriculture
Problem and challenges in agricultureProblem and challenges in agriculture
Problem and challenges in agricultureSagar kumar
 

More from Sagar kumar (7)

relivance of business ethics of flipkart
relivance of business ethics of flipkartrelivance of business ethics of flipkart
relivance of business ethics of flipkart
 
relivance of apps in business
relivance of apps in businessrelivance of apps in business
relivance of apps in business
 
six sigma implimentation of brass utensil
six sigma implimentation of brass utensilsix sigma implimentation of brass utensil
six sigma implimentation of brass utensil
 
Service marketing of IBM
Service marketing of IBMService marketing of IBM
Service marketing of IBM
 
Problem and challenges in agriculture
Problem and challenges in agricultureProblem and challenges in agriculture
Problem and challenges in agriculture
 
Quikr.com
Quikr.comQuikr.com
Quikr.com
 
Reliance
RelianceReliance
Reliance
 

Recently uploaded

Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Scriptwesley chun
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...apidays
 
Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024The Digital Insurer
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc
 
Unblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesUnblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesSinan KOZAK
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonAnna Loughnan Colquhoun
 
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live StreamsTop 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live StreamsRoshan Dwivedi
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Drew Madelung
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Miguel Araújo
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsMaria Levchenko
 
Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Allon Mureinik
 
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure serviceWhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure servicePooja Nehwal
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024Rafal Los
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptxHampshireHUG
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdfhans926745
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...Martijn de Jong
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking MenDelhi Call girls
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024The Digital Insurer
 
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfThe Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfEnterprise Knowledge
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)Gabriella Davis
 

Recently uploaded (20)

Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
 
Unblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesUnblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen Frames
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live StreamsTop 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed texts
 
Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)
 
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure serviceWhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfThe Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 

Vals

  • 1. SAGAR KUMAR BEHERA ROLL NO – SOM/BBS/SUM/2013/07 MARKET RESEARCH
  • 2. VALS™ is a marketing and consulting tool that helps businesses worldwide develop and execute more effective strategies. The system identifies current and future opportunities by segmenting the consumer marketplace on the basis of the personality traits that drive consumer behavior. VALS applies in all phases of the marketing process, from new-product development and entry-stage targeting to communications strategy and advertising.
  • 3. VALS reflects a real-world pattern that explains the relationship between personality traits and consumer behavior. VALS uses psychology to analyze the dynamics underlying consumer preferences and choices. VALS not only distinguishes differences in motivation, it also captures the psychological and material constraints on consumer behavior.
  • 4.  The original VALS system was built by consumer futurist Arnold Mitchell. Mitchell created VALS to explain changing U.S. values and lifestyles in the 1970s.  VALS was formally inaugurated as an SRI International product in 1978 and was cited by Advertising Age as "one of the ten top market research breakthroughs of the 1980s.“  In 1989, VALS was redefined to maximize its ability to predict consumer behavior. A team of experts from SRI International, Stanford University, and the University of California, Berkeley, determined that consumers should be segmented on the basis of enduring personality traits rather than social values that change over time.  By using psychology to analyze and predict consumer preferences and choices, the current VALS system creates an explicit link between personality traits and purchase behavior. The current VALS system is described in depth in The VALS Segments.
  • 5.
  • 6. VALS™ places U.S. adult consumers into one of eight segments based on their responses to the VALS questionnaire. The main dimensions of the segmentation framework are primary motivation (the horizontal dimension) and resources (the vertical dimension).
  • 7. 1. Innovators (formerly Actualizes) Innovators are successful, sophisticated, take-charge people with high self-esteem. Because they have such abundant resources, they exhibit all three primary motivations in varying degrees. They are change leaders and are the most receptive to new ideas and technologies. Innovators are very active consumers, and their purchases reflect cultivated tastes for upscale, niche products and services. 2. Thinkers (formerly Fulfilled) Thinkers are motivated by ideals. They are mature, satisfied, comfortable , and reflective people who value order, knowledge, and responsibility. They tend to be well educated and actively seek out information in the decision-making process. They are well-informed about world and national events and are alert to opportunities to broaden their Kknowledge.
  • 8. 3. Achievers Motivated by the desire for achievement, Achievers have goal- oriented lifestyles and a deep commitment to career and family. Their social lives reflect this focus and are structured around family, their place of worship, and work. Achievers live conventional lives, are politically conservative, and respect authority and the status quo. They value consensus, predictability, and stability over risk, intimacy, and self-discovery. 4. Experiences Experiencers are motivated by self-expression. As young, enthusiastic, and impulsive consumers, Experiencers quickly become enthusiastic about new possibilities but are equally quick to cool. They seek variety and excitement, savoring the new, the offbeat, and the risky. Their energy finds an outlet in exercise, sports, outdoor recreation, and social activities.
  • 9. 5. Believers Like Thinkers, Believers are motivated by ideals. They are conservative, conventional people with concrete beliefs based on traditional, established codes: family, religion, community, and the nation. Many Believers express moral codes that are deeply rooted and literally interpreted. They follow established routines, organized in large part around home, family, community, and social or religious organizations to which they belong. 6. Strivers Strivers are trendy and fun loving. Because they are motivated by achievement, Strivers are concerned about the opinions and approval of others. Money defines success for Strivers, who don't have enough of it to meet their desires. They favor stylish products that emulate the purchases of people with greater material wealth. Many see themselves as having a job rather than a career, and a lack of skills and focus often prevents them from moving ahead.
  • 10. 7. Makers Like Experiencers, Makers are motivated by self-expression. They express themselves and experience the world by working on it-building a house, raising children, fixing a car, or canning vegetables-and have enough skill and energy to carry out their projects successfully. Makers are practical people who have constructive skills and value self-sufficiency. They live within a traditional context of family, practical work, and physical recreation and have little interest in what lies outside that context. 8. Survivors (formerly Strugglers) Survivors live narrowly focused lives. With few resources with which to cope, they often believe that the world is changing too quickly. They are comfortable with the familiar and are primarily concerned with safety and security. Because they must focus on meeting needs rather than fulfilling desires, Survivors do not show a strong primary motivation.