answersLogoWhite

0


Best Answer

Understanding consumer psyche is important for businesses to anticipate market trends, make informed decisions, and develop effective marketing strategies. By knowing consumer behavior and preferences, businesses can align their products or services with what customers want, ultimately leading to increased customer satisfaction and loyalty.

User Avatar

AnswerBot

1d ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why do you need to understand consumer psyche?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why is psychology important in forensic science?

Psychology is important in forensic science because it helps in understanding behavior and mental processes, which can be crucial in evaluating and interpreting evidence related to criminal cases. Psychologists can provide insights into human behavior, such as motivation, decision-making, and memory, which are essential for profiling suspects, assessing witness credibility, and evaluating the mental state of individuals involved in criminal activities. Understanding psychological factors can also help in determining the validity of testimonies and assessing the impact of trauma on victims and witnesses.


What is religious psyche?

a need to believe in a being that has all the answers


What does this excerpt reveal about the temperaments of psyche of burma?

You need to include the excerpt.


How does Marriott understand consumer behavior?

they dont know


What should you do during the Intercultural Communication?

just do nothin but do it good luck if you have sex. just try to understand the psyche of receiver and be confident.


What is the nature of consumer behaviour?

The nature of consumer behavior is easy to understand. Consumers buy or eat what they want and what they value.


What is a description of a consumer need?

A consumer need is something that is necessary for a person's survival. Note: A want is not a need.


What is psyche translated in to English?

psyche its the same.


When was Psyche-Out created?

Psyche-Out was created in 1987.


The names of psyche's parents?

Psyche's parents were un-named =) Psyche's parents were un-named =)


Why couldn't Psyche see Cupid?

Venus wanted to get Psyche out of the way - Psyche was too pretty.


What is consumer reality?

Consumer Rality is to determine the consumer's need by analyzing the market-consumer-brand relationship.