Behaviour - Consumer Buying
The way we shop has changed drastically, especially with the rise of digital tools: Consumer Behavior Lecture - Topic 5 of Basics of Marketing
Most purchases follow a predictable path, whether the buyer realizes it or not:
: They compare their options based on things like price, quality, and brand reputation. consumer buying behaviour
: We often buy what our friends, family, or social circles recommend. Cultural background also dictates what we find acceptable or desirable.
: This is the "was it worth it?" phase. High satisfaction leads to loyalty; disappointment leads to bad reviews. What Actually Influences Buyers? Several factors weigh in on every decision: The way we shop has changed drastically, especially
: Personal motivations, perceptions of a brand, and even the "feel-good" factor (psychological needs) play huge roles.
: It all starts when someone realizes they have a problem to solve or a desire to fulfill. : This is the "was it worth it
: The amount of disposable income and the overall state of the economy directly impact spending power.