Question: Studying consumer behaviour helps marketers see what consumers want, and their reasons for choosing certain products over others. By understanding consumers' reactions to goods and

  1. Studying consumer behaviour helps marketers see what consumers want, and their reasons for choosing certain products over others. By understanding consumers' reactions to goods and services, marketers can analyze their audience's needs and expectations and thus work toward meeting them. 

  2. As the marketing manager, elaborate on any five factors influencing the behaviour of consumers in your environment.

Step by Step Solution

3.41 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Certainly understanding consumer behavior is crucial for effective marketing strategies In your environment as a marketing manager here are five key f... 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

Students Have Also Explored These Related General Management Questions!