Week 4
Major Market Factors that contribute to the influence of
consumer buyer behavior would be a persons demographic or race , marital status
etc.
The stages of buyer decision process is need recognition,
information search, evaluation of alternatives, purchase decision and
postpurchase
Awareness will come about first for the new product, next an
interest in the product, then evaluation where the consumer determines if the
products is worth trying
Then a trial of the product occurs and then finally the
adoption of the product or service
The business market would be influenced with demographics
specifically geared towards the business climate.Also suppliers affect the
climate of your business in the future the buisnesses of the suppliers that
affect the materials or services that suppliers give your buisness