by showing what they want through their purchasing decisisons
Producers can figure out what consumers are willing to pay based on what they buy.
The purchases that consumers make indicate their desires to producers.
Market research tells producers what consumers want and what they're willing to pay.Market research tells producers what consumers want and what they are willing to pay.
Find out what consumers want to buy
Not quite sure but the relationship between them is probably is the marketing strategy that the producers use to influence consumers to buy their product or service. Answer Marketing strives to make people consumers of their product by appealing to senses that will make people feel good--sex, color, smells and so on.
through the purchasing decisions they make
Through the purchasing decisions they make
Producers can figure out what consumers are willing to pay based on what they buy.
Producers can figure out what consumers are willing to pay based on what they buy.
consumers and producers influence each other in a circular fashion
Consumers and producers
The purchases that consumers make indicate their desires to producers.
A circular flow of influences
Consumers and producers
If consumers didn't buy a producer's products, the producer would soon go out of business.
Is by demanding the product
Consumers decisions affect producers, and producer decisions affect consumers.