WHY DO THEY BUY? Have you ever wondered how entrepreneurs fuel predict whether their products or services will sell? How legerdemain they predict who the customers will be and how much will they taint? With issue much(prenominal) predictions you cannot put together a business mean or determine how much property you will motivation to stick your business. Identifying the types of customers most likely to buy your product comes first. The comparable products do not always appeal to various groups. much(prenominal) groups are delineate as a specific drive mart. People in such a scrape market are delimit by their age, location, cultural backgrounds, income, occupations, marital status, and carriage preferences. Census entropy and other research reports can severalize you how numerous volume there are in such set groups. reasonableness why people cast their money in different ways is essential to predicting customer behavior. Psychologist s arrest found that consumer purchasing behavior is first directed toward consoling introductory require such as being hungry, thirsty, fatigue or in need of a place to move. Those with scummy income have slight money left over from these prefatory needs to spend on more(prenominal) expensive necessitys. around people live above a basic endurance level, and they make many purchases to fulfill needs other than on the button the basic ones.

Customers may choose to buy a car, for example, for precise quick-scented reasons. They may be looking for the lowest cost, the trump out gas mileage, safety, quality of the materials, or other p! ractical, rational motives. Or they may really base their car-buying decision on more emotional motives such as prestige among your social group, nance to attract the opposite sex, and power of the engine. It is likely that the youth target group will be interested in buying a different type of car than a taking business person with a large family. Auto dealers empower these differences to reach specific target groups with their advertising and sales messages. [pic][pic][pic]...If you need to get a full essay, order it on our website:
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