Why is important to study Consumer Behavior and for businesses to understand Consumer Behavior? Select any that apply to wha you watched in the videos for $Ch.1.$

The best way to get and keep customers is to understand what motivates them and underlies their consumption decisions and th design marketing strategies to satisfy their needs and wants.

All of these are reasons why it is important to understand consumer behavior as presented in the videos for $Ch.1.$

Because in this day of artificial intelligence marketers have to have all the information they can get.

Because marketers need to know the types of products consumers need and want, the prices that they are willing to pay, how the respond to advertising and communication methods, and where they will go to purchase products.