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Maslow Theory Revisited-Covid-19 - Lockdown Impact on Consumer Behaviour

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Abstract

The current study is attempting to derive the reference to the hierarchy of Maslow, where the consumers were placed before the arrival of Covid-19 and during the lockdown time. Consumer behavior consists of cognitive, emotional or physical activities in which people pick, purchase, consume and dispose of products and services to satisfy their choices and expectations. Abraham Maslow defined hierarchy of needs in different forms viz Physiological, Safety,Social,Esteem and Self-actualization needs. A multiplicity of competing factors influences human behaviour and thereby needs and requirements.Recognition of needs is essential as the initial step for market participants in the supply chain. At the same time recognising where the needs of consumers will alter is parallelly significant for smooth functioning of market processes and securing profitability along with capturing the trend. In the present study with the help of primary survey need recognition or any sort of variation therein, pre and during the Covid-19 lockdown periodare traced within the conceptual framework of Maslow Hierarchy of needs theory.

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... As per Maslow's hierarchy theory psychological and safety, needs are two important factors that make the consumers motivated to engage in purchasing activities. Dwivedi (2021), has indicated that ensuring own as well as family safety are the major causes that have made the German, as well as global pharmaceutical consumers, purchase the safety products like essential medicines, hand sanitisers, masks, essential medicines and many more. According to the viewpoint of Patil and Patil (2020), who have done their research on the changing consumer behavior of India, it can be said that the majority of the consumers were not serious about the emergency situation created by Economics Sojy Selvaraj Nirmala Kumari 23 COVID 19. ...
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1. What are the reasons behind the transformation of customer behavior regarding the purchase of pharmaceutical products during COVID 19 in Germany? 2. Which were the top market players among the pharmaceutical and hygiene products during COVID 19 in Germany? 3. How many possibilities are there behind the sustainability of the consumer trend transformation experienced during crises in future as well? 4. Which companies are the market leaders in the hygiene and pharmaceutical markets of Germany?
... Self-actualization needs are located at the top of the Maslow pyramid, which is described as the passion of the person to be capable of using his potentiality, ability, and capability (Oladayo, 2021). When an individual has achieved all the other needs in the lower stage of the Maslow pyramid, he is able to achieve more and more (Dwivedi, 2021). Besides that, according to Maslow, the highest need for self-actualization cannot be accomplished; even the lowest stage needs have been achieved (Heylighen, 1992). ...
... Ancak alınan salgın önleme tedbirlerinin uzun vadeli toplumsal zararlarını sınırlamak için tedbirlerin toplum üzerindeki etkilerini de düşünmek durumundadırlar (Ryan vd., 2020: 623). Toplumsal hayat içerisinde Covid-19 salgını öncesi insanların sosyal ihtiyaçlarının karşılanması gerektiği bu durumun ön koşulunun ise güvenlik ihtiyaçları olduğu belirtilmektedir (Dwivedi 2021(Dwivedi : 2449. Covid-19 salgınının toplumsal hayat içerisinde meydana getirdiği değişimler Maslow'un ortaya koyduğu insan ihtiyaçlarından salgının önlenmesine yönelik getirilen şartların ortaya çıkardığı gıda temini ve güvenliği, su, salgını önlemede kullanılacak temizlik maddeleri, maske gibi fiziksel ihtiyaçların karşılanmasını (Brooks vd., 2020) daha belirgin hale getirmiştir. ...
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The major goal of this study is to see if lockdown and restrictions have an impact on consumers' purchasing decisions and to figure out what motivates them to buy unnecessary items while shopping online during lockdown. Essentially, the goal of this study is to find out what drives customers to buy unnecessary things during lockdowns when shopping online, as well as to understand the influence that consumers have during lockdowns when making irrational purchases.
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We offer a structured vision of the main research contributions made on a wide set of issues compounding the online consumer behaviour area. We present a wide view of research topics, analyzed from the marketing perspective, from the early nineties till now. This approach may be useful, not only to better structure or reinforce the knowledge academics have accumulated in the field, but also to serve as a guide and source of ideas for future investigation.
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In Post Keynesian Economics, theorists have sought an alternative to neoclassical choice theory by turning to Maslow's hierarchy of needs (Pasinetti 198117. Pasinetti LL 1981 Structural Change and Economic Growth Cambridge: Cambridge University Press View all references, Lavoie 19929. Lavoie M 1992 Foundations of Post-Keynesian Economic Analysis London: Edward Elgar View all references). Instead of each individual surveying a complete choice set, individuals prioritize (basic) physiological needs, moving with increasing incomes to satisfy safety and social needs, through to the higher needs associated with self-actualization. This framework provides a theoretical foundation for the Engel curve, since as incomes increase consumers become satiated when particular needs are satisfied. As an alternative to the neoclassical preoccupation with prices and substitution, a Post Keynesian theory of consumption has been formulated with income effects as the cornerstone. The main problem with Maslow's approach is that individual needs are innate, so that questions of social interaction and culture are seriously downgraded. In this article, the social theory of Pierre Bourdieu is offered as an alternative to the Maslow approach, providing the basis for a social critique of consumerism and an alternative evolutionary theory of consumption. In this approach, the structure of the social hierarchy both constrains the consumption of lower social strata and leads to subtle, less conspicuous consumption patterns at the top of the social hierarchy: a scenario that could provide a social foundation to the Engel curve.
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