What is the Consumer Buying Process? Why is it important to marketers. Identify and describe the steps of the process. Assume you work for an automotive company. Apply the steps to college student in the market for a car
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1. What is the Consumer Buying Process? Why is it important to marketers. Identify and describe the steps of the process. Assume you work for an automotive company. Apply the steps to college student in the market for a car
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- Q1. How do consumer personal characteristics influence buying behavior? , What major psychological processes influence consumer responses to the market program? What buying situations do organizational buyers face, Wh0 participates in the business-to-business buying process?1. Which information is more valuable to marketers: information from databases, marketing intelligence or marketing research? How do these information differs?2. Name and describe the types of consumer buying behavior. Which one would you most likely to use when deciding on?3. Name and briefly discuss the stages of the business buying process?Basic psychological processes play an important role in understanding how consumers makedecisions. Marketers must therefore understand the different facets of consumer behaviour.With regards to the above statement elaborate on the effectiveness of the five stage model todetermine the consumer buying procesS.
- Illustrate about how a buying center will play a part to purchase 20 Air Conditioners from a well-known electronic appliance company for its new office branch.BE ON POINT ON THE ANSWER 1. As a consumer do you consider product classification to satisfy your needs and wants? In what way? 2. As a marketers how important customers experience for the sustainability of the business? 3. How important experience both consumer and in market organization?Please answer the question as much as detail possible with example. Write down the name of four types of consumer buying behavior (e. g. Complex). Discuss which behavior is most reflective when purchasing the following items and why? Explain your answer. (1) A new smart phone and (2) Noodles (3) Soybean oil
- Q No. 1: Consumer buying behaviour is the study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and the impacts that these processes have on the consumer and society. Discuss the Top seven Characteristics in Consumer Buying Behavior. Also discuss the steps of Buyer Decision Process?- Distinguish between consumer buying behavior and business buying behavior by way of at least five (5) differences.