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Consumer behavior is the study of what motivates and influences consumers to buy goods and services. It's a complex subject, but we'll break it down for you so that you can understand everything about consumer behavior.
There are three main aspects to consumer behavior:
Individuals – This includes consumers as individuals and the different factors that influence their purchasing decisions.
Organizations – This includes businesses and other organizations, and looks at how they market and sell products to consumers.
Groups of people – This includes social groups, tribes, and cultures. These are the groups that people identify with, and their buying behavior is influenced by their identification.
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