Behavioral Economic Method Predicts Consumer Behavior And Relationship
Author | : Johnny Ch Lok |
Publisher | : Independently Published |
Total Pages | : 60 |
Release | : 2019-11-10 |
ISBN-10 | : 1707118892 |
ISBN-13 | : 9781707118892 |
Rating | : 4/5 (92 Downloads) |
Download or read book Behavioral Economic Method Predicts Consumer Behavior And Relationship written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-11-10 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: ditional economy can be predominted by psychology, but it can also include elements of philosophy, sociology nd even mathematics or econometrics. When any product manufacturers or sellers or service providers expect to predict consumer market how will change to influence consumer individual consumption effort. Analysis is necessary, it is made possible a better understanding of the human brain and of the fundmentals on which it builds decision-making. However, they also need to make any hypotheses of consumption environment to attempt to find what factors will influence future individual customer behavioral changes to make decision making whether how any why he/she chooses to buy the product or consume the service. So, the research methodology was concentrate on quality method more than quantity method when any product manufacturer or service provider expects to predict future consumer behavioral how and why changes more easily. The research processing includes data collected from the global business similar product seller market. The data can concern: How and why the environmental factors had influenced many consumers make emotional reponses of individuals in economical decision making to choose the purchase any similar brand product consumers' shopping experiences will help the present product manufacturers to predict whether how and why what factors will influence the similar product consumers to choose to buy its products in future consumption environment more easily.