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Explain the factors that influences consumer's behavior?

Updated: 9/17/2019
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14y ago

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Three factors that influence consumer behaviour are:

1. Consumer loyalty - When a consumer returns to you every time or keeps on purchasing from your business.

2. Environment - The environment of your business or where your business is located can affect your consumer e.g. If the surrondings are not healthy or clean it will affect your business

3. Price - If your prices are too high then persons would not want to buy from you,

but if they are at a reasonable price then you would have a great amount of consumers and that can eventually lead to consumer loyalty.

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13y ago
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