Explain any three important benefits of consumer education
Answers
Answered by
4
Answer:
Consumer education is the preparation of an individual to be capable of making informed decisions when it comes to purchasing products[1] in a consumer culture. It generally covers various consumer goods and services, prices, what the consumer can expect, standard trade practices, etc. While consumer education can help consumers to make more informed decisions, some researchers have found that its effects can drop off over time, suggesting the need for continual education.[2] New dimensions of consumer education are also beginning to emerge as people become more aware of the need for ethical consumerism and sustainable consumer behaviour in our increasingly globalized society.
Examples
Improved customer satisfaction. Imagine you've just bought a new car. ...
Boosted customer engagement. ...
Increased loyalty. ...
Higher quality customer support. ...
A more trustworthy brand.
Answered by
2
Consumer education is crucial for brands because it can impact every aspect of the customer journey. A strong consumer education strategy can lead to thought leadership, better understanding of what your brand offers and improved conversions in the long run.
Consumer education as used in the present study refers to the acquisition of facts, skills, attitudes and practices capable of enabling an individual consumer to adapt to personal environmental and social changes with the aim of promoting health and healthy living.
hope it helps you
mark me as brainliest please
Similar questions