answersLogoWhite

0

Consumer behavior is the study of the way consumers respond to or utilize a particular product. The analysis of consumer behavior has become mandatory to marketing strategy. It enables for manufacturers and merchandisers to better direct marketing to a particular group.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Define marketing distinguish product marketing and services markrting with suitable example?

Define Marketing. Distinguish product marketing and services marketing with suitable examples


How does marketing research aid marketing managers in decision making disscuss with suitable example?

Marketing Research aid Marketing Managers in decision making . Discuss with suitable examples?


Meaning scope and role of marketing function in exchange process with suitable examples?

scope and role of marketing function in the exchange process


Distinguish product marketing and services marketing with suitable examples?

Product marketing involves advertising goods. This typically involves showcasing the good, and touting its capabilities. Services marketing, on the other hand, involves the use of testimonials to support the abilities of the professionals offering the services.


Discuss the meaning scope role of marketing function in the exchange process with suitable example?

Marketing is the performance of business activities that direct the flow of goods from producer to consumer or user. It is the satisfaction of human needs. Scope of Marketing is to influence buyer's decision directly or indirectly for generating business to make the flow of goods from producer to consume or user.


What is the importance of marketing research in customer satisfaction with superior value?

When we say marketing research this is the research where we can elaborate more about the satisfaction of customer. Marketing research ultimately is satisfying the needs and wants of the people in a certain community. The research is finding viable markets suitable for your company's products to be distributed and in finding these markets where there is demand, you satisfy a consumer need.


What is the relation between economics and marketing?

Economics and marketing are closely related fields. Economics studies how resources are allocated and how goods and services are produced, distributed, and consumed. Marketing uses this understanding to create strategies for promoting and selling products. Key connections include: Demand and Supply: Economics analyzes demand and supply, while marketing strategies aim to meet demand and manage supply effectively. Consumer Behavior: Economics explores why consumers make certain choices; marketing uses this insight to influence purchasing decisions. Pricing Strategies: Economics provides models for pricing based on costs, competition, and consumer demand, which marketing uses to set optimal prices. Market Structures: Economics defines different market structures (e.g., monopoly, competition), helping marketers develop suitable competitive strategies. Together, economics provides the theoretical foundation, while marketing applies these principles to achieve business goals.


The observing method in marketing research?

is not suitable for obtaining primary data


What is gelatinization and examples?

gelatinization of a suitable example??


Is it suitable for you to study enterprise resource planning as a pg diploma course after finishing MBA in marketing and advertising?

It is suitable if it leads to your overall career goals and objectives.


What are some examples of low histamine cheeses that are suitable for individuals with histamine intolerance?

Some examples of low histamine cheeses suitable for individuals with histamine intolerance include mozzarella, cream cheese, and cottage cheese.


What are marketing communications activities suitable for baby foods?

In marketing baby foods one has to consider safety of such foods. That means proper test and registration must be made by inspection authority. This process forms a good basis for marketing such products.