Commerce - Factors Affecting Consumer Choice Flashcards
Customer Service
Good service makes you feel valued as a customer and makes you want to shop there more
Price
Customers want the best value for money and will shop at places that offer that.
Convenience
Customers want shopping to be hassle free so travelling time and accessibility of shops will contribute to this
Gender
For example men may want drills or gym equipment and women want makeup
Age
For example a baby may want toys and teen a phone
Disposable income
A buyer that has a higher disposable income is more likely to buy luxury items
Environmental
More people are becoming more environmentally aware so buyers may want to be more eco friendly when shopping
Social Media
Many people want what influencers on social media have, therefore basing their purchases off of that
Cultural
Cultural beliefs and principles affect what people want to buy
Marketing & Ads
Ads can persuade you to buy by using visual pricing, international language, brick and mortar or urgency tricks