WEEK 2 FORUM
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School
American Military University *
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Course
MKTG201
Subject
Marketing
Date
Jan 9, 2024
Type
docx
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Uploaded by zarinamontgomery88
Week 2 Forum:
1.
Describe some of the personal and psychological factors that may influence what consumers buy
and when they buy it
Situational influence in my opinion is the number one factor for consumers to get out of their homes or
to jump on a computer or their phones to go shopping. Most of us do shopping when we need
something ie. groceries or clothing, essential items. Which is our physiological need.
Our mood does
play a major role in what we might buy or when. With technology at our fingertips and with the
assistance of social media, we get pulled in and influenced into purchasing items that we not necessarily
need but want. The internet gives us a window into where we can go shopping for a better price or high
quality items. Amazon is the number one culprit that makes purchases easier and convenient. Other
social platforms influence us on social needs like what is in style to wear, good places to eat or best
places to travel to.
2.
Identify the way in which business-to-business markets differ from business-to-consumer
markets.
One of the many differences between the two is the size of the operation. It takes a vast
amount of
labor,
transactions, and personnel in a business-to-business market than it does in a business-to-
consumer market. Additional differences are that the business market has harsher product standards,
unlike the consumer market. The B2B market also has fewer customers than the B2C market. The B2B
market offers their services to government organizations, institutions, and other businesses. However,
the B2C market offers their goods and services to individual consumers like you and me.
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Key corporate officers infuencing the daily management of
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Posting signs in a store to influence purchase decisions at
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View Feedback
Question 3
When does a consumer become a customer?
When the consumer wishes he could buy the product
When the consumer acknowledges a need for a product or
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While a person stands in line to buy a product
When a consumer buys a product or service for the first time
View Feedback
Question 6
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Attitudinal loyalty
Complete loyalty
Marketers don’t care if a customer is loyal
Behavioral loyalty
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Question 7
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