Consumer Behaviour and Insight (CBI) Report: Huawei Mobile Example
VerifiedAdded on 2023/01/18
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Report
AI Summary
This report explores consumer behaviour and insights, differentiating between B2B and B2C decision-making processes. It highlights the key differences in decision-making, emphasizing the longer, more complex processes in B2B compared to the often faster B2C decisions. The report delves into various market research approaches and methods used to understand these processes, including mixed methodologies, surveys, and qualitative research. It also examines factors influencing consumer behaviour, such as economic, functional, marketing mix, personal, psychological, social, and cultural elements. Using the example of Huawei mobile phones, the report illustrates how these factors impact consumer purchase decisions. The conclusion emphasizes the significance of behavioral and attitudinal data in generating insights for marketers.
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