Meaningful Consumption – Consumer Behavior Concepts and Applications by Aditya Gupta * [46]

 

What makes a purchase meaningful? Reflect on the things you spent money on recently. Perhaps, bar tabs, gas, groceries, rent/mortgage, takeout boxes, Starbucks and Ubers? While some of these purchases were made from sheer necessity (you need a roof over your head), others were made for pleasure (a Frappuccino on a broiling summer day? Yes please!). But how many (if any) of these transactions would you classify as meaningful?

For the longest time, consumer behavior researchers have invested considerable effort in understanding what makes a purchase useful (the utilitarian perspective) and what makes it pleasurable (the hedonic perspective). In contrast, there’s been scant research on what makes certain purchases – i.e., the products, services, and experiences we buy– meaningful to us. The research I undertook with my colleagues enables me to answer the question as follows: 

Ø     > A purchase is perceived as personally, deeply, and enduringly meaningful if it can enable at least one of three key experiences: rejuvenation, expansion, and consolidation.

The question of meaningfulness arises from a third perspective, eudaimonia. Introduced by Aristotle’s writings, eudaimonia explains how to lead a virtuous, purposeful, meaningful life. These days we see several related concepts in popular culture – flow, flourishing, holistic well-being, and self-expression. Meaningfulness is one of these facets and, as I describe below, it is possible to find through the time, effort, and money spent by consumers. There are three key themes associated with meaningful consumption: rejuvenation, expansion, and consolidation.

      1. Rejuvenation

Consumers are likely to find a purchase meaningful if it can provide a sense of renewal to them. This can happen in two ways: repair and reconnection. The key idea underlying repair is one of escape and healing from the stressors and strains of modern life. Whether it was a vacation getaway or a daily retreat to the gym, people valued experiences that enabled a temporary relief from the many demands of day-to-day life and allowed them to rest and recharge their batteries. In contrast, the central idea behind reconnection was about renewing relationships. People spoke fondly of annual reunions and basketball game tickets because those experiences were instrumental in helping them keep integral ties of family and friendship alive.

2. Expansion 

Many of us are likely to start finding life dull if there are no new horizons to explore. We saw several examples of how consumers would often seek out intellectual, pragmatic, or relational expansion. Simply put, consumers find meaning in purchases that enable them to broaden their intellectual horizons, learn or sharpen a skill, or forge new relationships. People enthusiastically recounted finding meaning through purchases of books on topics they were interested in, DIY furniture that they learned how to assemble, and thoughtful presents for loved ones as a way of building relationships. As can be seen, the central idea underlying expansion is that of growth, and purchases which can help bring that into consumers’ lives are more likely to end up being meaningful to them.

3. Consolidation

The final experience linked to meaningful consumption tries to capture how certain purchases lead to a deeper and richer understanding of who we are and the larger world we inhabit. We term the former crystallization and the latter contextualization. Much as how crystals form through a slow process of solidification, certain purchases lead consumers toward a better understanding of their own selves, strengths, weaknesses, and achievements. In essence, such purchases helped consumers to better crystallize their own sense of self. In contrast to this relatively more inward perspective, examples of contextualization underscored a more outward perspective as seen in certain purchases which allowed consumers to get a stronger grasp on their position relative to the larger contextual aspects of their existence such as the passage of time, the world they lived in, and even the cosmos. Several such examples originated, perhaps naturally, from experiences during travel. People recalled how visiting now-defunct mining caves gave them an eerie inkling of what life must have been like for miners who used to work there many decades ago. Others spoke of how seeing a rapidly diminishing glacier made climate change that much more vivid to them. Given how a lot has been written about how many of us wish to move toward a greater understanding of ourselves and our place in the world, it was no surprise that such purchases ended up resulting in cherished memories because of their consolidative nature.

Marketers Can Create Superior Value and Deliver Meaningful Consumer Experiences

Services (e.g., bike rentals, gyms, higher education, restaurants, spas) and experiences (e.g., amusement parks, concerts, marathons, theaters, travel packages) lend themselves well to building meaningful consumption. Such marketing applications imply that there will be active buyer involvement and co-creation of value opportunities. A great example of this is the tremendous success of Airbnb vacation rentals which disrupted the hotel sector. Under its ambit, a wide variety of meaningful classes/workshops, walking/food and wine-tasting tours, and interesting or exotic trips are offered to consumers worldwide.

You will find rejuvenation, expansion, and/or consolidation and breathe a sigh of relief as you get away from the office for a few days.  Perhaps, learn candle-making or glass-blowing or be inspired by the splendor of a natural wonder at the end of a hiking trail.

Companies should consider revising their value propositions to go beyond utility and pleasure motivations. To what extent can your company provide meaningful consumption experiences for their target markets? Goods, services, and ideas can be redesigned/ repositioned to increase the likelihood of customers finding your products truly meaningful. In turn, such gratitude will be highly rewarded with increased loyalty, word-of-mouth/word-of-mouse promotion, and enhanced business performance.

*Aditya Gupta, Ph.D., is an Assistant Professor of Marketing at Illinois State University. He may be reached at agupt16@ilstu.edu

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