Explore BrainMass

Explore BrainMass

    Buyer Behavior Significance

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Discuss problems and significance of buyer behavior.

    © BrainMass Inc. brainmass.com March 4, 2021, 10:55 pm ad1c9bdddf

    Solution Preview

    Without buyers, a company cannot continue in business. Buyers come in all type and their behaviors are important to understand how to market to them and how to get them to buy from the company. Knowing this, a company does better when they research customer behaviors. The customer behavior is so important that loyalty incentives and other efforts are made to gain primary data for a company.
    The customer behaviors change often. Not all groups change in the same manner or at the same time. However, it is clear to anyone who watches economic news or customer sales figures for different industries that these change occur all the time. They also occur for different reasons. Understanding customer behavior is key to knowing what to do and when in the life cycle of a product or a business. Marketers depend on the customer's behaviors to know how to market and to whom.
    When issues ...

    Solution Summary

    The expert examines buyer behavior significance.