any one answer it as detailed as possible please..!
Consumer behavior is affected by the earning power of the consumers. That means it is affected by the state of the economy.
Consumer behavior is affected by the earning power of the consumers. That means it is affected by the state of the economy.
We have learned based on definition that consumer behavior attempts to understand consumer wants and their decision making. Which is a very necessary in an organization. If we know the behavior of the consumer regarding their wants then it is a big advantage on our part as a marketer. It will be easy for us to identify and recognizes what to sale and what not to. With this, Consumer behavior is indeed an important course in business education.
We have learned based on definition that consumer behavior attempts to understand consumer wants and their decision making. Which is a very necessary in an organization. If we know the behavior of the consumer regarding their wants then it is a big advantage on our part as a marketer. It will be easy for us to identify and recognizes what to sale and what not to. With this, Consumer behavior is indeed an important course in business education.
The consumer behavior of the middle middle class is influenced by their income, education, and occupation. They tend to make practical and value-based purchasing decisions, prioritizing quality and durability over luxury. They are likely to seek out deals and discounts while still aspiring for modest lifestyle upgrades. Additionally, they may be more cautious with their spending, saving for future financial security.
Outline of significant demographic and psychographic details about the user of a particular product. The data include the user's age category, marital status, income level, education, occupation, area of residence, and purchase behavior patterns. Knowledge of the consumer profile is very important in the determination of a creative advertising campaign. The advertising must appeal to both the user and the potential user of the product.Read more: consumer-profile
Education: If you're in school you want a computer with a lot of capacity and can be used for both school and personal Occupation: You want something that is easy to use, fast, has large memory, and won't crash. Religion: Good luck with that one.
how economic variables influences on consumer behavior
It's because the customer is the product consumer. I think!?!?!
Alliance for Consumer Education was created in 2000.
"Analyze the consumer behavior towards snacks products?"
Discuss as much as you can why you think consumer behavior is the bedrock of marketing.