Consumer Behavior: Insights from a Study on Utilitarian Products
VerifiedAdded on 2023/06/12
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AI Summary
This presentation discusses the findings of a research article on consumer behavior and their preference for utilitarian products. The research shows that consumers compensate for a loss of perceived control by buying utilitarian products, and that the framing of a product as utilitarian moderates the effect of control on the intention of purchase. The presentation also provides recommendations for companies to cater to their customers' needs and maintain brand loyalty.
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