Introduction Distinct factors influencing consumer behavior Ways in which consumer trends are changing References Table of contents
Consumer behavior is termed as a study that include manner in which consumer made decision related to buying a product and service. There are different types of factors that a customer undertake in order to make decision related to purchasing service and product. In this presentation there are different types of factors that influence attitude and behavior of consumer. In addition to this, ways in which trends of customer keeps on changing due to impact of technology is being included in this presentation. INTRDUCTION
Consumer behavior is termed as a process in which an individual make decision related to buy commodities. This decision-making process mainly get influenced by different types of elements namely cultural,social, personal andpsychological. It is essential for marketers of Four Season London to effectively analyze all these factors as to identify decision-making process of customers in order to further influence them to buy products and service: Cultural factors Social factors Personal factors Distinct factors influencing consumer behaviour
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As per according to the dynamic change in technology, it is essential for organisation to undertake advantage of digital technology as to satisfy customers in well defined manner. Mentioned below there are some factors that affectUnicorn Grocery which are further required by them to effectively understand: Aspects resulting in changing customer trends Focusing towards customer care:With the help of digital technology,Unicorn Grocery can effectively able to serve their customers. This will also aid company to solve issues of problems via email and organisation websites. This further increase positive image of company in marketplace that allow them to influence customers towards organisational offerings. Ways in which consumer trends are changing
Maintainingelectronicrelationships:Withtheformativeassistanceofdigitaltechnology organization can effectively able to penetrate mind-set of customers towards organizational products and services. There are different types of facilitates that Four Season Londoncan provide to their customers such as online payment modes and departure time on systematic centralized database. Continue….
References Ashman, R., Solomon, M.R. and Wolny, J., 2015. An old model for a new age: Consumer decision making in participatory digital culture. Journal of Customer Behaviour, 14(2), pp.127-146. Banerjee, S.B., 2017. Corporate environmentalism and the greening of strategic marketing: Implications for marketing theory and practice. In Greener Marketing (pp. 16-40). Routledge.
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