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What factors effect consumers decisions (Price (The price is one of the…
What factors effect consumers decisions
Price
The price is one of the first things you want to know about the product
People buy items that are cheap to save money.
Age
The older you get you want more expansive items.
Our wants change over time
Service
You want to feel valued
People shop at places that have sales.
Convenience
Many people do not have a lot of time to shop
Many people like to shop local because it is more time efficient for them.
Marketing
Consumers are exposed to estimated 500 marketing startegies every day.
New products are released onto the market and advertised.
Environment
They like to shop at places that have less packages
People like to shop at p[laces that have low polution
Finance
They do not like top borrow money due to the high intrest rate
People buy things in their price range
Gender
Both genders have many common wants
But genders also like different things.