LESSON 4 (Psychological Influences of Consumer Behavior) Flashcards
Importance of Understanding the Complexities of Consumer Behavior:
1
Q
Understand the psychology behind how consumers think and reason, and ultimately select between different alternatives (e.g. brands, products, retailers, etc.)
A
Develop effective marketing strategies and tactics
2
Q
Understand how consumers act while shopping and the social influences behind purchases
A
Understand the social influences behind purchases