In: Economics
1. How have you seen the landscape of retail change around you? In your immediate community. Have you see openings/closing/changes. Please describe.
2. Have you realized and thought about the connection between your own and/or your family's buying behavior and the effects to retail?
3. Are you aware of how promotional marketing techniques - advertising, public relations and sales promotions affect consumers, as the article suggests? Yes or no, if so why not?
4. Do you agreethat consumers want ads delivered in a meaningful practical way that is useful. Would you be receptive?
1. The retail industry was gone though many changes over the two
decades there is a slow change from unauthorised to organised
sector,changes in consumer behaviour it ignored traditional
retailers. It is expecting to strengthen in coming years with
percaptan income raise in population and urbanisation. Raising
middle class,retail sector has the capacity to grow economy,
metropolitan cities demanding shopping experience replacing
traditional marketing. A retail transformation in lifestyles,luxury
brands,shopping malls,rapidly emerging. 2. Yes,exactly family
definately influence the consumer behaviour as an important element
of consumption. Basing on family members,composition,demands,a
single decision will come out. They will provide information,few
acts as gate keeper to control the
flow,decider,buyer,maintaner,each and every one of the family will
take decision on different purchases.Buying prefarences changes
from time time to time. Marketer also target families in their
marketing and advertising campaigns,holida trips,preferances,your
buying habit influenced by family because of emotional
bondings.
3. Yes, marketing stratergies used for influencing consumer
behaviour leads to buying goods. Marketing product communicating
with consumers emotionally. It can be done by giving promotional
materials to attract consumers in the form of joy and surprise. If
consumer find easy to solve his problem with a particular product
as shown,he change their brand. Marketing always reach consumers
choice. Offering discounts, highlighting the features, showing the
research will definately attract consumer to buy their goods.
4. Majority of consumers wants ads which reflect their
intresets,hobbies,age group,location,country and etc. Advertising
influences th marketing of goods. It influences the people to check
the ad read the content respond and buy the product. Advertising is
the graetest art form of 20th century. Consumer require practical
messages to maximes the practise and satisfaction but not hope and
optimisiom.
It's challenge to understand consumers hobby,taste,preferences to
influence by advertising but nowadays more techinques are following
to influence the consumer.