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What is difference between Consumer buying behavior Industrial buying behavior?

Consumer buying behavior involves individuals purchasing products for personal use decisions are often emotional, quick, and influenced by brand, trends, or convenience. Industrial (or business) buying behavior involves companies purchasing goods or services for production or resale decisions are more logical, involve multiple people, longer evaluation cycles, and focus on quality, pricing, and supplier reliability. For example: A consumer buys a mobile phone. An industrial buyer sources raw materials or machine parts for manufacturing.


What is the difference between consumer services and producer services?

Consumer Buying Behavior * Buying behavior of individuals and households that buy products for personal consumption


Impact of advertising on consumer's buying behavior?

fok you man


What are the key similarities between consumer buying behaviour and business buying behaviour?

There are many key similarities between consumer buying behavior and business buying behavior. For example, both businesses and consumers buy goods that are essential to quality of life.


What is the current trend in consumer buying behavior?

The current trend of the consumer buying behavior differs from one commodity to another. Some of the factors that dictate these terms includes the quality, the price and the demand.


Why is consumer behaiviour neccessarry in producing buying and selling explain?

Consumer behavior is necessary in producing buying and selling in order to give you direction. The consumer behavior will guide you as to how much to produce, how long it will take for the consumer to make a purchase and what kind of price range the consumer is willing to pay.


What are the similarities between consumer buying behavior and business buying behavior?

a similarity would be that they both use the products for their own benefit. consumer buyers use it to benefit themselves and business buyers use it to make money for themselves.


Statement of the problem on advertising?

the impact of branch image and advertisement on consumer buying behavior


In what way the income of the consumer affect his buying behavior?

if consumers are receiving a low income then


Forms segments of consumers who have similar needs and buying behavior even though they are located in different countries What is this form of segmentation called?

consumer segmentations segmentations


Consumer buying situations?

Consumer buying situations are not same all the time. It varies depending on need. The consumer buying behavior is classified into four types: Minor New Purchase ,Minor Re-Purchase, Major New Purchase, Major Re-Purchase.


Diversity of consumer behavior?

Consumer behavior diversity refers to the variations in how different consumers make purchases and interact with products or services. Factors such as culture, demographics, personal preferences, and past experiences all influence consumer behavior, leading to a rich tapestry of buying habits and decision-making processes across different individuals and market segments. Understanding and catering to this diversity is key for businesses to effectively target and engage with their target audience.