Read more about Credit Cards for Teenagers An old proverb holds that children are meant to be seen and not heard, but that's no longer the case. Here are 23 eye-popping statistics on how teens and tweens spend.
An individual who goes for shopping does not necessarily end up buying products. There are several stages a consumer goes through before he finally picks up things available in the market.
Various factors, be it cultural, social, personal or psychological influence the buying decision of individuals.
Marketers need to understand the buying behaviour of consumers for their products to do well. It is really important for marketers to understand what prompts a consumer to purchase a particular product and what stops him from buying. What marketers need to understand? The psychology of consumers what they feel about a particular product and their brand on the whole.
How consumers are influenced by their immediate surroundings, family members, friends, co workers and so on. What a consumer thinks when he goes out for shopping? A marketer needs to first identify his target consumers and understand their lifestyles, psychologies, income, spending capabilities, mentalities to offer them the Consumer behaviour among teenagers product.
Individuals from lower income group would never be interested in buying expensive and luxurious products. He would first fulfill his basic physiological needs like food, air, water etc.
Trying to sell a Mercedes or a Rado watch to someone who finds it difficult to make ends meet would definitely be a disaster. In this segment, individuals would be more interested in buying fresh fruits, vegetables, pulses which are necessary for their survival rather than spending on health supplements.
It is really essential for the marketers to understand the needs of consumers. Find out what they are actually looking for? There are ideally two different ways which enable marketers to understand their consumers. Primary Research Secondary Research Primary Research - Primary Research refers to a research methodology where marketers interact with consumers directly and gather as much information as they can.
Information is generally collected through surveys, questionnaires, feedback forms, interviews etc.
Secondary Research - Secondary Research often refers to relying on information which has been collected by others at some point of time.
Selling a laptop to an individual who is not much educated would be pointless. Remember consumers would show interest in your products only if they are of any use to them or their immediate family members. A low grade worker would never be interested in purchasing business suits or formal shirts.
Canned juices are a hit among middle and higher income group where individuals are really conscious about their health and fitness. It is also important to give complete information to end-users.
Do not hide anything from them. It is not ethical. All tobacco products come with a warning. Individuals should be familiar with not only the benefits but also the side effects of the products.
Marketers must also take into account: Age group of consumers Lifestyle of consumers Social Status of consumers Funky designs, loud colours would be a hit among teenagers whereas middle aged and elderly people would prefer subtle colours and sophisticated designs.
Salwar Suits are extremely popular in North India whereas females prefer saris and skirt blouses in eastern and southern parts of India. Individuals from posh localities and good jobs would show keen interest towards buying exclusive and unique products as compared to individuals who do not come from an affluent background."Finally, there is a book that covers the often contentious debate surrounding HPV vaccinations for teenagers in a thorough and objective way.
Leaving no stone unturned, The HPV Vaccine Controversy: Sex, Cancer, God, and Politics: A Guide for Parents, Women, Men, and Teenagers makes a compelling case for why teens should be vaccinated against one of the most widespread STIs in the population.
A listing of psychological research being conducted online. Table of Contents Cognition Consumer Psychology Cyber Psychology Developmental. 7 Inluence of Tobacco Marketing on Smoking Behavior The relationship between tobacco marketing and smoking behavior, particularly among adolescents, has been extensively researched.
Dec 29, · Millennial customers—80 million in the U.S. alone–are about to become the most important customers your business has ever seen. In spite of . It is really important for marketers to understand what prompts a consumer to purchase a particular product and what stops then from buying it.
Lets understand the role of consumer behaviour in marketing. Since teenagers will be tomorrow’s consumers – and tomorrow’s role models – it is important that we understand what influences their long‐term behaviour as consumers. And it is encouraging to find that teenagers do want to be “like” their parents – despite the visible evidence to the contrary!