Sunday, 3 August 2014

Definition of Buying Behavior:
Buying Behavior is the decision processes and acts of people involved in buying and using products.
Need to understand:
  • why consumers make the purchases that they make?
  • what factors influence consumer purchases?
  • the changing factors in our society.
Consumer Buying Behavior refers to the buying behavior of the ultimate consumer. A firm needs to analyze buying behavior for:
  • Buyers reactions to a firms marketing strategy has a great impact on the firms success.

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