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This is a very good question btw. With the ever-changing landscape of retail and marketing it is important to rely on the preference of all consumers. By the time of this writing, there are 2 days left before Halloween and 57 days before Christmas. These numbers are great example scenarios for your question.
During these festive seasons, consumers tend to shop season-related items. Meaning, businesses are then "forced" to keep up their pace with the time and start to devise strategies on how to catch the attention and veer the shoppers right infront of their storefronts and to (of course) stand out amongst the rest. This applies to both online and physical marketplaces.
Viva Schroeder
Merlene Leano
This is a very good question btw. With the ever-changing landscape of retail and marketing it is important to rely on the preference of all consumers. By the time of this writing, there are 2 days left before Halloween and 57 days before Christmas. These numbers are great example scenarios for your question.
During these festive seasons, consumers tend to shop season-related items. Meaning, businesses are then "forced" to keep up their pace with the time and start to devise strategies on how to catch the attention and veer the shoppers right infront of their storefronts and to (of course) stand out amongst the rest. This applies to both online and physical marketplaces.
Wiki User
∙ 12y agothe business relies on the consumers to buy their product, if they are unhappy with what the business is doing then they can stop buying and go to the businesses competition.
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How does the local community influence a business?
A business market actually relies on the preferences of consumers in the local community. Whatever the local community may need, the business provides and relies on it to by giving services, products and other goods or commodities the local community consumers need.
What best explains why the free-market system follows a circular flow model?
consumers and producers influence each other in a circular fashion
What is business influence?
Business Influence is about improving opportunities to enable you to do business with the people you want to do business with.
Name two factors that influence a consumers needs and wants?
Two factors that could influence a consumers needs and wants could be their peers or advertising.
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following?
A circular flow of influences
How does consumers purchases influence the decisions of producers?
If consumers didn't buy a producer's products, the producer would soon go out of business.
How does the local community influence a business?
A business market actually relies on the preferences of consumers in the local community. Whatever the local community may need, the business provides and relies on it to by giving services, products and other goods or commodities the local community consumers need.
Why can consumers have influence over consumers?
Politicians rely on the votes of consumers to keep them in office.
What is business to- business to-consumers electronic commerce?
What is an Electronic Commerce.Explain Business to Consumers and Business to Business of Electronic Commerce with the help of examples
What best explains why the free-market system follows a circular flow model?
consumers and producers influence each other in a circular fashion
Of what importance is influence in business management?
Influence is the ability to bring about change and produce results; people derive influence from interpersonal power and authority. Interpersonal power allows organization members to exert influence over others.
What does competitive advantage have to do with business process analysis?
Examining your business processes to ensure that they are efficient will help you get a competitive edge. The faster your machines are able to produce products, the faster consumers will have them; this gives the business a competitive advantage.
Was the telephone developed for business and industry or consumers?
consumers
Why do consumers have influence over politicians?
Politicians rely on the votes of consumers to keep them in office.
What is business influence?
Business Influence is about improving opportunities to enable you to do business with the people you want to do business with.
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following?
A circular flow of influences
Name two factors that influence a consumers needs and wants?
Two factors that could influence a consumers needs and wants could be their peers or advertising.
