Name different type of consumer in marketing
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Loyal Consumers:Loyal consumers are likely to comprise a small segment of your consumer base. However, because of their loyalty, they are valuable to every business. Once they have found the right company to do business with they will remain loyal, often becoming a promoter of the brand by sharing their experience with their friends, family and extended social network.
Discount Consumers:Discount consumers are always on the hunt for discounts, as the name suggests. Like loyal consumers,they also have a tendency to frequent the same organisations and brands. However, they only make purchases when there is some kind of sale or discount.
Impulsive Consumers:Impulse consumers are the most difficult when it comes to maximizing marketing collateral. These consumers often don’t shop with a specific product or service in mind, let alone a brand. Rather they make purchases capriciously, buying when something strikes their fancy.
Need-Based Consumers:Need-based consumers purchase to fulfill a need. Maybe they have run into financial trouble and need advice. Perhaps they are going on vacation and need a new set of luggage. They could be approaching a milestone in their life and are seeking legal advice. In order to market to a need-based consumer, your marketing strategy needs to anticipate these needs effectively.
Discount Consumers:Discount consumers are always on the hunt for discounts, as the name suggests. Like loyal consumers,they also have a tendency to frequent the same organisations and brands. However, they only make purchases when there is some kind of sale or discount.
Impulsive Consumers:Impulse consumers are the most difficult when it comes to maximizing marketing collateral. These consumers often don’t shop with a specific product or service in mind, let alone a brand. Rather they make purchases capriciously, buying when something strikes their fancy.
Need-Based Consumers:Need-based consumers purchase to fulfill a need. Maybe they have run into financial trouble and need advice. Perhaps they are going on vacation and need a new set of luggage. They could be approaching a milestone in their life and are seeking legal advice. In order to market to a need-based consumer, your marketing strategy needs to anticipate these needs effectively.
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