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Knowledge of consumer behavior is important to marketers because it helps them understand what influences customers purchasing decisions. This allows them to tailor their products, services, and marketing strategies to better meet customer needs and increase sales.

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Why is consumer behavior an important in business education?

We have learned based on definition that consumer behavior attempts to understand consumer wants and their decision making. Which is a very necessary in an organization. If we know the behavior of the consumer regarding their wants then it is a big advantage on our part as a marketer. It will be easy for us to identify and recognizes what to sale and what not to. With this, Consumer behavior is indeed an important course in business education.


Why is the consumers field of experience important to a marketer?

Being a marketer it's quite important to know every single node of a consumer. Knowing the pitch and relevancy, a marketer can easily picture out the product / service / what he / she really wants to sell out.


Describe a consumer product that you think is particularly vulnerable to substitution if you were a marketer for that product what steps must you take to defend your product's position?

television


What is importance of marketing to consumers?

1) What is the importance of marketing to you as a consumer 2) Briefly discuss how the Marketing concept has contributed to the Modern Practice of Marketing today 3) How does marketing affect the activities of organizations including non-profit 4) What is the beauty of Sales promotion to the consumer and the Organization? 5) What is the most important element of the Marketing Mix? and reasons for answer 6) What is the importance of Consumer behaviour to the Marketer?


How can a marketer of very light very powerful laptop computers use its knowledge of customers expectations in designing a marketing strategy?

For Marketer knowing customer expectation can be very advantageous. In this case -- marketer can know what does customer expect in terms of weight and how much fast the computer should be ( Zone Of tolerance). By using Webler's law (refer to customer behavior book) he can create a distinction between, his and competitors product's weight by eliminating those feature which are undesirable-- It can done by doing cost-benefit analysis (CB Analysis).

Related Questions

Why is consumer behavior an important in business education?

We have learned based on definition that consumer behavior attempts to understand consumer wants and their decision making. Which is a very necessary in an organization. If we know the behavior of the consumer regarding their wants then it is a big advantage on our part as a marketer. It will be easy for us to identify and recognizes what to sale and what not to. With this, Consumer behavior is indeed an important course in business education.


Why is consumer behavior an important course in business education?

We have learned based on definition that consumer behavior attempts to understand consumer wants and their decision making. Which is a very necessary in an organization. If we know the behavior of the consumer regarding their wants then it is a big advantage on our part as a marketer. It will be easy for us to identify and recognizes what to sale and what not to. With this, Consumer behavior is indeed an important course in business education.


How would knowledge of consumer behavior help you in designing a marketing program for disposable diapers?

How would knowledge of consumer behavior help you in designing a marketing program for disposable diapers?Consumer behavior helps marketers to predict the expectations, perceptions and reactions of their customers and how to manage them for better sales.Therefore a marketer with good knowledge of Consumer behavior has the tool for retaining his customers. He does this by applying various approaches learnt as a student of Consumer behavior. One of such approacjes is the holistic approach which according to Kotler and Keller (2008) refers to the fact that everything matters in marketing.


What is the basic marketing thing?

Basic things of marketing are following listed. 1. Good infrastructure. 2. Knowledge of multiple language. 3. Good behavior between consumer and marketer. 4. Place of marketing.


Why is the consumers field of experience important to a marketer?

Being a marketer it's quite important to know every single node of a consumer. Knowing the pitch and relevancy, a marketer can easily picture out the product / service / what he / she really wants to sell out.


What is the meaning of consumer behavior perception?

Consumer behavior is one of the topic that marketer uses to better understanding of consumer on how their behavior react when come to buying decisions. Perception is how one view under the influence of past experience, personal opinon


How can a marketer of consumer products use the data from the US Census 2000?

Pay attention in class


as a marketer of what relevance is consumer behaviour to you and what buying decisions can you expect from your target market?

ya mama


What is the important of a marketer?

a market decided who died


How might a marketer increase a consumer's personal value equation?

reduce the hassle and increase the benefits associated with the exchange


What is trade marketing?

Trade Marketing DefinitionThe essence of trade marketing is finding out how the retailer thinks and discovering what motivates him. Just like consumer marketing targets the consumer, mapping the consumer's behavior. It is an element of the marketing mix that relate to building demand at the middleman (wholesaler, retailer, distributor) level. For example, a marketer might offer special display allowances and promotional support to retailers in exchange for additional display space.


Describe a consumer product that you think is particularly vulnerable to substitution if you were a marketer for that product what steps must you take to defend your product's position?

television