1. Innovation is the Key to Product Progress
... understand that the success of any product lies in the consumers that use it. If the consumer is not satisfied then the product will eventually disappear. Consumer behaviour is an essential tool in developing tactics. It helps the marketer understand what the consumer wants and how he makes his decisions. Forming of consumer behaviour The consumer: THINKS ... 61664; SPEAKS ACTS BELIEVES BEHAVES. The behaviour of the consumer differs due to differences in socio-cultural factors. For example, a university student in Dubai will be less mature in his buying behaviour as compared to...
- Word Count: 1350
- Approx Pages: 5
- Grade Level: High School