Question: Marketers must understand the key influences on consumer buying responses including the buyer's characteristics and decision process (Kotler, Brown, Dean & Armstrong, 2010). Briefly explain

Marketers must understand the key influences on consumer buying responses including the buyer's characteristics and decision process (Kotler, Brown, Dean & Armstrong, 2010). Briefly explain 4 categories of buyer characteristics influencing consumer buyer behaviour. Explain the stages of consumer decision-making a customer goes through when deciding on a high involvement purchase, such as the first purchase of a new car.

Step by Step Solution

3.46 Rating (153 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Consumers buyer behavior is influenced by four factors which are as follows 1 Social factors include ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1368-B-M-A-V-C(1266).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!