Question: Answer these question in full. Consumers are reacting in different ways to the pandemic. Many are anxious and worried while others seem indifferent to what
Answer these question in full.
- Consumers are reacting in different ways to the pandemic. Many are anxious and worried while others seem indifferent to what is going on and continue to behave as though nothing has changed. What type of consumer are you? How can marketers appeal to both types of consumers?
- Experts say that panic buying is a result of "group think" where people make decisions based on what others are doing. "If it's good for your neighbor, it must be good for you. " I should hoard toilet paper and other products because everyone else is doing it." Comment on the concept of groupthink.
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