narrate any three factors that may affect people selection of a market ?
Answers
Explanation:
5 Common Factors Influencing Consumer Behavior
Purchasing Power.
Group Influence. ...
Personal Preferences. ...
Economic Conditions. Consumer spending decisions are known to be greatly influenced by the economic situation prevailing in the market. ...
Marketing Campaigns. Advertisement plays a greater role in influencing the purchasing decisions made by consumers
Answer:
Why do people decide to buy? Some consumers use an intense system of thorough investigation before they decide to purchase, while others are basic impulse shoppers. Either way, three factors affect all purchasing decisions. Retailers should be familiar with the impact each factor has on the minds of consumers. A thorough understanding of the interdependency of each factor will help you market your inventory better, attract more customers and close more deals.
Explanation: