Customer Behavior
Overview
Customer behavior refers to the actions and decision-making processes of consumers when they purchase, use, or dispose of products or services.
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Customer behavior encompasses a wide range of activities and decisions made by consumers in the marketplace. This includes how customers decide what products or services to purchase, how they use them, and their disposal methods. Understanding customer behavior helps businesses tailor their marketing strategies, improve product offerings, and enhance customer satisfaction.
Studying customer behavior involves examining the psychological, social, and economic factors that influence customers' actions. This can include motivations, perceptions, attitudes, and the external factors that impact their purchasing decisions. By gaining insights into customer behavior, companies can better predict future trends and create more effective marketing campaigns.