Needs and Wants: Seth Goldin’s Perspective

Following is Seth Goldin’s opinion on Needs and Wants:

Needs and wants are often confused

When people have their basic needs met, it’s not uncommon for wants to magically become needs. It’s our hardwired instinct to seek to fill unmet needs.

That pays off for any marketer that has persuaded his market that they need what he sells. It backfires when those ‘needs’ are seen for what they actually are–luxuries.

When you sell a want, you have to work harder, you must seduce the market, because wants are fickle, picky and not easily bullied.

Source

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About Rashid Faridi

I am Rashid Aziz Faridi ,Writer, Teacher and a Voracious Reader.
This entry was posted in Class Notes, earth. Bookmark the permalink.

One Response to Needs and Wants: Seth Goldin’s Perspective

  1. Pingback: The Tourism Product: A Bundle Satisfying Needs and Wants | Rashid's Blog: An Educational Portal

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