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The various factors that determine the consumer behavior are as follow

❶Marketing strategy Public policy Social marketing Consumer behaviour assignment help team has years of experience and therefore can guide you properly in this subject. The economists worldwide earlier believed that in terms of basic unit individual preferences is possible to be measured.

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The behavior of the consumers varies and differs from each other in different circumstances. Attitude of the People — The attitude determines the liking or the disliking of the consumer for various products and the services. A person with higher attitude will not like the products that are cheaper and easily available, they will obviously like the products that are expensive and rarely available and not with all the people.

The people who have lesser attitude will consumer even the cheaper products with satisfaction. Lifestyle — The people who are earning more either from their jobs or the business will never buy cheap products but would prefer expensive products and services. For example the people who are chief executive officers of any company will never run Maruti and would prefer Mercedes for driving.

Education Level — The people who are well qualified will buy products only after proper trial of the products and the services and will not pay for wasting money. Whereas the people who are less qualified and have not studied much would be easily duped by the companies for selling their products or the services.

Culture — As per the traditions, culture and the customs of the individual, the people change their choices and preferences. Societies, communities and countries are highly influenced by their cultural habits and situations that enamor the use of specific products or the services.

Consumer behavior differs from each other based of the experience and the age. The consumer with the age group of fifty to eighty years will have different liking than the youngster with the age group of eighteen to twenty years.

Similarly the elderly people will not waste their money on shopping and prefer to do fixed deposits of their savings rather than spending extravagantly on shopping, whereas the youngsters or the people with lesser age group will prefer shopping and will not think from the longer perspective. So these factors are very important while considering the behavior of the consumers and the customers.

The companies keep on changing the features of the products and the services as per the requirements as ones the consumer preferences changes, the company needs to bring about changes in its products and the services otherwise it will lose the brand loyalty of its consumers and hence the consumers will switch to various other products.

And this way the company will have lesser sales figures and hence the profitability and the revenue figures will also decrease or minimize changing the conditions. Here you can avail the optimum writing help under the guidance of renowned researchers and subject experts Home services offers blog Assignment Library. Back All services Assignment Help Back All services Assignment Services case study assignment help my assignment help do my assignment eviews assignment help solve my assignment literature assignment help pay for my assignment literature review make my assignment editing services tafe assignment help minitab assignment help m plus assignment help media microeconomics mass communication assignment writer Assignment Help Buy Assignment Online.

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There are various alternatives available to the consumers these days, and therefore the companies keep changing the features of their products as required by the consumers or else these companies will start losing their loyal customers. This switching over of consumers to other products will result in low sales figure. Some of the factors that determine consumer behaviour are as follows:. Consumer behaviour differs from each other depending on the age group in which the consumer falls.

For example, the consumers in the age group of twenty to thirty will have different preferences than those in the age group of forty to fifty. Following are the main applications of consumer behaviour:. Consumer behaviour assignment help team has years of experience and therefore can guide you properly in this subject. Our experts possess vast knowledge in consumer behaviour and therefore they have the answer to all your questions in this subject.

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Enter your keyword Search. Home Consumer Behaviour Homework Help. Some of the factors that determine consumer behaviour are as follows:

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Consumer Behavior One of the fundamental problems of microeconomics is to understand that, how consumers with limited income can makes a choice of products that she or he can buy. This problem will be addressed in this chapter as well as the others.

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Consumer behaviour is the study of the decision-making paradigms followed by individuals, groups or organizations when selecting which product to purchase and utilize towards the fulfilment of their need. Consumer Behavior Assignment Help Identification of the needs and the preferences of the customers is one of the most crucial concepts that require a high focus of marketers. There are different implications of the consumer preferences that influence the buying decisions of the consumers.

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