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The Role of Consumer Behavior in Marketing Decisions
Pages 4 (1004 words)
Company Name Company Address Date of Memo To: Marketing Consultant From: Subject: Role of Consumer Behavior in Marketing Decisions Purpose The paper seeks to discuss why and when consumers buy a given product. All this happens in relation to the decision made by the consumer either individually or as a group.
It is through such understanding that they grow up to become effective buyers and at the same time of the best products in the market (Wayne & Deborah, 2009). This will help avoid impulse buying among consumers hence invest in well. A good consumer should be able to portray the three major characteristics of a consumer namely a user, payer and buyer. This implies that relationship marketing is a vital aspect in the market decisions that are reached at by a buyer. Consumers in ant market setting are considered as the most vital aspect to the seller as they are a contributing factor to the profits that are made by the sellers. Branding Strategy The brands formed should be those that will help maintain the trust of the consumers. They are expected to be eye catching and convincing. It will serve as a form of company identity and it should be able to tell a lot about the company in question. As a government organization, our brand should be one that can be able to convince the consumers about our products or the services being offered. The company needs to define what its brand in order to be able to create a foundation for all the components that are to be included in it. ...
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