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Case Study on HSBC
The Role That Personality
and Motivation Play in Consumer
Behavior
2
HSBC is one of the Largest Banking & Financial Services Organization in the world
3
4
Q1. How does consumer research try to identify psychographic profile
of the consumers?
5
Analyze personality, the values, opinions, attitudes,
interest and lifestyles of consumers
Helps to determine the product they like
Primary research is the easy way to identify the
psychographic profile of the consumers
Q1. How does consumer research try to identify psychographic profile
of the consumers? (cont.)
Two Types of Research
6
• Interview
• Focus Group
• Metaphor Analysis
• Surveys
• Observation
• Experimentation
Qualitative
Research
Quantitative
Research
Q2. What is personality? Why personality is different from motivation?
Personality
Inner Psychological Characteristics
Connects with external entities
Motivation
Desire or willingness of someone to do something
7
Q2. What is personality? Why personality is different from motivation?
(cont.)
Differences
8
• Reflects individual
• Personality can change
• Unique combination of inner
characteristics
Personality
• Can be financial or non–financial
• Can be positive or Negative
• Continuous and complex process
• Need based
Motivation
Q3. How consumer’s roles in different situation shape up his/her
personality?
9
Roles
Consumer-Buyer
Consumer-PayerConsumer-User
Q3. How consumer’s roles in different situation shape up his/her
personality? (cont.)
10
Consumer-
Buyer
• Service oriented
• Seeks relationship
with the seller
Consumer-
User
• Product oriented
• Patronized to a
product or service
Consumer-
Payer
• Financial capability
oriented
• Seeks financial
benefits
Q4. Which of the motives mentioned in the case study best suits to
HSBC’s business Strategy?
11
Affiliation
Motive
Power
Motive
Achievement
Motive
Uniqueness
Motive
Q5. What are the most dominant motives which have been mentioned in
HSBC’s advertisement? Why?
The most dominant motives which has been mentioned in
HSBC’s advertisement are:
12
Self-esteem
Motive
Affiliation
Motive
Uniqueness
Motive
Q5. What are the most dominant motives which have been mentioned in
HSBC’s advertisement? Why? (cont.)
13
Cultural
Difference
Focus on
Local
Needs
Uniqueness
Motive
Q5. What are the most dominant motives which have been mentioned in
HSBC’s advertisement? Why? (cont.)
14
Emotional
Intimacy
Being in
Society
Affiliation
Motive
Q5. What are the most dominant motives which have been mentioned in
HSBC’s advertisement? Why? (cont.)
15
Uniqueness
Affiliation
Self-esteem
Motive
Thank You

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HSBC Case Study on Role of Personality & Motivation

  • 1. Case Study on HSBC The Role That Personality and Motivation Play in Consumer Behavior
  • 2. 2
  • 3. HSBC is one of the Largest Banking & Financial Services Organization in the world 3
  • 4. 4
  • 5. Q1. How does consumer research try to identify psychographic profile of the consumers? 5 Analyze personality, the values, opinions, attitudes, interest and lifestyles of consumers Helps to determine the product they like Primary research is the easy way to identify the psychographic profile of the consumers
  • 6. Q1. How does consumer research try to identify psychographic profile of the consumers? (cont.) Two Types of Research 6 • Interview • Focus Group • Metaphor Analysis • Surveys • Observation • Experimentation Qualitative Research Quantitative Research
  • 7. Q2. What is personality? Why personality is different from motivation? Personality Inner Psychological Characteristics Connects with external entities Motivation Desire or willingness of someone to do something 7
  • 8. Q2. What is personality? Why personality is different from motivation? (cont.) Differences 8 • Reflects individual • Personality can change • Unique combination of inner characteristics Personality • Can be financial or non–financial • Can be positive or Negative • Continuous and complex process • Need based Motivation
  • 9. Q3. How consumer’s roles in different situation shape up his/her personality? 9 Roles Consumer-Buyer Consumer-PayerConsumer-User
  • 10. Q3. How consumer’s roles in different situation shape up his/her personality? (cont.) 10 Consumer- Buyer • Service oriented • Seeks relationship with the seller Consumer- User • Product oriented • Patronized to a product or service Consumer- Payer • Financial capability oriented • Seeks financial benefits
  • 11. Q4. Which of the motives mentioned in the case study best suits to HSBC’s business Strategy? 11 Affiliation Motive Power Motive Achievement Motive Uniqueness Motive
  • 12. Q5. What are the most dominant motives which have been mentioned in HSBC’s advertisement? Why? The most dominant motives which has been mentioned in HSBC’s advertisement are: 12 Self-esteem Motive Affiliation Motive Uniqueness Motive
  • 13. Q5. What are the most dominant motives which have been mentioned in HSBC’s advertisement? Why? (cont.) 13 Cultural Difference Focus on Local Needs Uniqueness Motive
  • 14. Q5. What are the most dominant motives which have been mentioned in HSBC’s advertisement? Why? (cont.) 14 Emotional Intimacy Being in Society Affiliation Motive
  • 15. Q5. What are the most dominant motives which have been mentioned in HSBC’s advertisement? Why? (cont.) 15 Uniqueness Affiliation Self-esteem Motive