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Why are many marketers shortening the time in which a coupon can be redeemed?

To create a greater sense of urgency to redeem the coupon


Do marketers creates artificial needs?

Yes, marketers can create artificial needs by promoting products or services that consumers may not have originally identified as essential. They often leverage emotions, societal trends, and aspirational messaging to shape perceptions and encourage consumption. This can lead to a culture where individuals feel compelled to purchase items to enhance their status or lifestyle, even if those items are not necessary for their well-being. Ultimately, while marketers can influence needs, the responsibility also lies with consumers to critically assess their wants and needs.


How is the study of consmer behavior useful for marketers?

Studying consumer behavior allows marketers to understand why people make the decisions they do when purchasing products or services. This understanding helps marketers create more effective marketing strategies that resonate with their target audience and influence their buying decisions. By knowing what drives consumer behavior, marketers can tailor their messaging, product offerings, and promotions to better appeal to their customers.


To create a coordinated marketing message marketers must have information about the consumer the?

competition, the product, the market, and the strategy of the organization


Why marketers go beyond selling a product or service to create a brand experiences?

The main reason marketers go beyond selling a product and/or service to create a brand experience is to gain repeat customers. If the customer is familiar and happy with the brand, they are very likely to purchase the product or service in the future.


Do marketeers create needs?

They do not create needs, but moreso create wants


Why do marketers study consumer behavior?

Marketers study consumer behavior to understand why people make certain decisions when it comes to purchasing products or services. By understanding consumer behavior, marketers can tailor their strategies to better meet the needs and preferences of their target audience, ultimately leading to more successful marketing campaigns. This knowledge allows marketers to anticipate trends, create effective messaging, and build stronger relationships with customers.


How does urbanization create opportunities for marketers?

The process where people move from rural areas to cities is called urbanization. Urbanization creates opportunities for marketers through having potential customers in a close proximity. Reducing costs of transport and costs of advertising.


Why do marketers define products in terms of benefits?

Product developers create features. But buyers are interested in the benefits - that's how they evaluate a purchase. If marketers emphasized features, they would not be taking the customer's perspective. You don't buy features - you buy benefits.


Why is lifestyle important to marketers?

Lifestyle is crucial to marketers because it helps them understand consumer behavior, preferences, and values. By identifying the lifestyles of their target audience, marketers can tailor products, messaging, and campaigns to resonate more deeply with consumers. This alignment increases engagement and loyalty, ultimately driving sales. Additionally, lifestyle insights allow for more effective segmentation, enabling marketers to create personalized experiences that enhance brand connection.


Do marketers have the ability to control your desires or the power to create needs?

Marketers can influence desires and shape perceptions of needs through targeted advertising, branding, and emotional appeals. They create associations between products and aspirational lifestyles, which can lead consumers to feel a desire for items they may not have previously considered necessary. However, while marketers can significantly sway consumer behavior, the ultimate control over desires and needs lies with the individual, shaped by personal values, experiences, and circumstances.


Why is knowledge of demographics important to marketers?

Knowledge of demographics helps marketers better understand their target audience, enabling them to tailor their products, services, and marketing strategies to meet the specific needs and preferences of different consumer groups. This allows marketers to create more effective and targeted campaigns that resonate with their intended audience, leading to higher levels of engagement and conversion. Understanding demographics also helps marketers identify emerging trends and opportunities in the market.