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Q: Which consumer influence is represented by the action of buying an item because everyone else is doing it?
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How do stakeholder influence tesco?

because it wouldn't run without them


Why does time affect market research?

Time affects market research because the values and findings of the research are constant with change in time, but the variables are not constant with change i time. this implies that no matter the year you are, the statistical data gathered can be analysed to produce the same result but the variables (e.g lifestyle of people, age, education, income etc) can change as time goes on. For instance, if we conducted a study on "how celebrities influences consumer behaviours", if the finding is that celebrities influence consumer behaviour because most people watch movies. over the years, this finding will still be the same because if you test it against the data gathered during the time of the research you will still find the same answer. But the variable "celebrities", can change in relation to how customers view them. maybe in the past they where lots of television and now no much televisions so people don't watch movies that much, or maybe during the time of the research celebrities were generally valued but no longer the same now so they don't influence consumer behaviour that much. Thus, change in time is likely to change the influence of the independent variable on dependent variable and that is how it affects market research.


Why is marketing the most important function in a company?

Probably because it raises awareness off what that company is offering to the consumer


Why is it good to keep your customers informed and reassured?

because to keep everyone in order


Role of advertising and promotion in marketing?

Advertising and promotion is essential in marketing because it is the branch of marketing that tells the consumer something about the product.

Related questions

Which consumers influence is represented by the action of buying an item because everyone else is doing it?

The answer is "Trend"


What is a economic consumer?

The economic consumer is everyone because everyone consumes. If you drive a car you buy gasoline. If you eat you have to buy food. The list goes on. So everyone is a consumer.


Is tomato a producer or consumer?

both


Why did the music and clothing industries market products for the counterculture?

because members of the counterculture represented a large consumer group.


How do celebrity chefs influence resaraunts?

they influence them because when they start cooking there and the word gets out and then everyone wants to see him there go there because there will be better food there.


How did Maxwell Anderson influence society?

everyone liked his plays because they related to eveyday life and he liked HOT chicks.:)


Who represented the habs to the 2006-07 All-star game?

i think all the players and fans because everyone who believes in Montreal Canadians represent the Habs


How do landscapes influence life in Latin America?

they influence because they influence they influence because they influence


How is Lifestyle a psychological influence on consumer behaviour?

Lifestyle refers to a person's patterns of living and their choices on how they spend their time and money. It can influence consumer behavior psychologically by shaping preferences, values, and attitudes towards products or brands that align with their lifestyle choices. Consumers may be drawn to products that reflect or enhance their lifestyle, leading to purchase decisions based on emotional or identity-related motivations.


Why is it important for the consumer psychologist to study group influence?

Studying group influence allows consumer psychologists to understand how individuals are affected by social norms, peer pressure, and conformity within a group setting. This knowledge is crucial for developing effective marketing strategies that appeal to consumers' desire for social inclusion and belonging. By understanding how group dynamics influence consumer behavior, psychologists can provide valuable insights for businesses to target and connect with their target audience more effectively.


Why products with well known logos cost more to the consumer than the simple generic products?

because they are familiar to everyone because of their logos/big names, the companies realize that because of this, they can get more money for their products


Is a bear a consumer?

they are a consumer because they eat berries and fish