Masterarbeit, 2007
72 Seiten, Note: 1,3
1 Mass Customization – A new Marketing Strategy?
1.1 The Origin of Mass Customization
1.2 Purpose of the Work and Research Questions
1.3 Limitations
2 Mass Customization and Psychological Influence Factors
2.1 Introducing the Phenomenon of Mass Customization
2.2 Definition and Classification of Mass Customization
2.3 Consumer Decision-Making Process
2.4 Psychological Influence Factors on Consumer Behavior
2.4.1 Motivation and Personality
2.4.2 Attitude
2.4.3 Readiness
2.4.4 Perceived Risk
2.5 Conceptual Framework
3 Research Methodology
3.1 Type of Research Design
3.2 Sample, Population, and Participation
3.3 Data Collection Instruments, Variables, and Materials
3.4 Data Analysis Procedures
4 Results and Data Analysis
4.1 The Need for Uniqueness for Explaining the Purchase of MCP
4.2 Demographic Influence Factors for Explaining the Purchase of MCP
4.2.1 Age
4.2.2 Gender
4.2.3 Income
4.2.4 Level of Education
4.3 Consumer Attitudes and the Purchase of MCP
4.4 Consumer Readiness and the Purchase of MCP
4.5 Consumers’ Perceived Risk and the Purchase of MCP
4.6 The Tendency to Purchase MCP
5 Concluding Discussion
5.1 Conclusion
5.2 Discussion and Outlook
The primary objective of this thesis is to investigate the potential influence factors on the purchase of mass-customized products from a psychological perspective, specifically focusing on German consumers. The research aims to answer whether there is a market interest for such products in Germany and which demographic and psychological variables drive the consumer's tendency to choose mass customization over standardized alternatives.
1.1 The Origin of Mass Customization
It is not time long ago since companies could grow amazingly through mass production and standardized processes. This strategy was a huge competitive advantage over other companies producing in the traditional way. But over the years much more companies adopted this strategy resulting in an increasingly turbulent market environment. Consumers were confronted with a wide range of nearly the same products only differing in price. To prevent from a pure price competition, companies started to focus more on the customer instead of the product. Of course, there have always been two kinds of strategy, either concentrating on mass production or on custom made products. But the development of the business world during the last decade showed a new trend of production strategies. Companies realized that consumers have heterogeneous wants and desires and, thus, they tried to blend these two different kinds of strategy but not through reducing the number of units. Rather they tried to keep their mass production, though considering individual preferences of consumers. In this way they retained the principles of mass production while tailoring the products differently for each and every consumer. They established a new and somewhat revolutionary strategy of market segmentation, often called “mass customization”, “personalization” or “one-to-one marketing”. The core of mass customization is a tremendous increase in variety and customization without a corresponding increase in costs.
1 Mass Customization – A new Marketing Strategy?: This introductory chapter outlines the transition from traditional mass production to mass customization and defines the research purpose and questions for the thesis.
2 Mass Customization and Psychological Influence Factors: This chapter provides the theoretical framework, detailing the definition of mass customization, the consumer decision-making process, and key psychological constructs like motivation, attitude, readiness, and perceived risk.
3 Research Methodology: This section explains the study’s design, detailing the use of a quantitative online survey conducted among 519 German consumers to test the established hypotheses.
4 Results and Data Analysis: This chapter presents the empirical findings regarding the need for uniqueness, demographic influence factors, consumer attitudes, readiness, and perceived risk, alongside an analysis of the purchasing tendencies.
5 Concluding Discussion: The final chapter summarizes the main findings, discusses the implications for marketers and companies, and provides an outlook on the future of mass customization.
Mass Customization, Consumer Behavior, Psychological Factors, Market Segmentation, Customer Customization Sensitivity, Attitude, Readiness, Perceived Risk, German Market, Personalization, One-to-one Marketing, Uniqueness, Quantitative Research, Purchase Decision, Demographic Variables.
The thesis explores the consumer perspective on mass customization, specifically within the German market, investigating how various psychological and demographic factors influence the decision to purchase mass-customized products.
The central themes include the psychological drivers behind consumer choice, such as the need for uniqueness, the impact of perceived risk, and consumer readiness to invest extra time or money for customized goods.
The study aims to determine if there is an interest in mass-customized products among German consumers and which demographic and psychological factors influence the likelihood of a purchase.
The author conducted a quantitative study using a self-administered online survey of 519 German respondents, analyzing the data through various statistical tests like the t-test, u-test, and bivariate correlation.
The main body focuses on theoretical reviews of mass customization, an explanation of the consumer decision-making process, the development of research hypotheses, and the empirical analysis of survey data compared to international benchmarks.
Keywords include mass customization, consumer behavior, customization sensitivity, psychological influence factors, and purchase intent, among others.
The author notes that German consumers show specific cultural traits, such as higher uncertainty avoidance and price sensitivity, which lead to different results compared to previous studies conducted in the US, UK, or Turkish markets.
Interestingly, the study found no significant differences in the need for uniqueness between purchasers and non-purchasers, suggesting that the benefit of custom products is valued more for functional reasons than for pure uniqueness in Germany.
The study found that while participants generally perceived a high level of risk, it did not significantly influence the willingness to invest time or money, indicating that consumers are more focused on the potential benefits of the product.
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