Business Studies, asked by Ashwani3232, 1 year ago

What it is important for marketers to study family life cycle.discuss its significance for marketers

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Answered by Anonymous
7

By understanding in which stage a person is in the family life cycle, marketers can anticipate their needs, and determine the products and services they can provide him. Basically, the family life cycle model describes the stages through which consumers pass through their lives when they have families.

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