If prices stay anywhere near where they are now, you'll see a shift in people's buying behavior.
Most have not modified their marketing and sales approach to take account of changes in customer buying behavior.
In this way, Spanos believes those entrepreneurs may be able to get direction by understanding their buying behavior.
Core values are key drivers in buying behavior and often overlooked by marketers.
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By a three-to-one margin, consumer reviews (77 percent) trump editorial reviews (23 percent) in influencing consumer electronics buying behavior.
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"The worse the economy, the more buying behavior will consolidate, " he says.
Every few weeks, it seems, I hear about a new study that reveals how online brand conversations are increasingly influencing consumer buying behavior.
We are witnessing a major shift in customer buying behavior and needs: from the Time Value of Money to the Money Value of Time.
Core beliefs such as faith (not religion), community and family, play a huge role in buying behavior and the type of candidates worthy of support.
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As Groupon participates in a greater share of the customer wallet and sees buying behavior across many sectors, it will know customers better than the individual merchants.
Though some argue that this method would cut welfare abuse, government expenses and eventually taxes, the suggestion raises the uncomfortable possibility of restricting buying behavior for everyone.
In a recent Kelton Group study my firm commissioned, titled Social Commerce: Buying Behavior and Influence Online, consumers were asked who they were likely to trust the most and least for product recommendations.
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"The reality of the Indian market in general is that the most of the electronics are bought at individual shops, maybe because of the nature of the buying behavior of the Indian market itself, " said Gurvinder Singh, from Global Gadgets, an Apple dealer.
In fact, businesses need to adapt just as completely to the changes in the buying and social behavior of consumers.
Each month it drills into 16 trillion bytes of data on the browsing, buying and social behavior of millions of people.
People perceive these as risks rather than opportunities, which cause some to engage in self-destructive behavior by buying overvalued supposed riskless assets, such as US Treasuries, and selling incredibly profitable, yet highly discounted dividend paying blue chip stocks, which provide safety and income at bargain prices.
Then we take advantage of this behavior, this often temporary irrational behavior, by buying company stock before other investors adjust their prior expectations to reflect those new fundamentals.
Neuroeconomists use devices, like MRIs, to observe the behavior of real people buying and selling things.
Data integration and management strategies are also needed to measure Hispanic buying power and trends in their behavior as consumers so that companies can allocate resources properly and measure their return on investment.
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In early February, Federal Reserve Governor Jeremy Stein said "we are seeing a fairly significant pattern of reaching-for-yield behavior, " or investors buying riskier debt with higher yields.
"An insurer could contend that a subscription to 'Hang Gliding Monthly' is predictive of highly dangerous behavior, but I'm not buying that theory: The consumer may be getting the magazine for the pictures, " says Thomas Considine, New Jersey's commissioner of banking and insurance.
Essentially, the study says, brands can reach not only their fans but people very similar in their shopping behavior and affinity for the brands by buying Facebook ads, rather than relying mostly on page posts that in any case reach as little as 16% of fans and even fewer non-fans.
As it broadens its network of data partners, Facebook is creating an increasingly detailed composite of their behavior, from what products they're buying at the drugstore to sexual preferences and predicting what big purchases they may be contemplating.
Educated unemotional bargain hunters know that the behavior of investors at or near market bottoms provides many of the greatest buying opportunities you may every have for building wealth.
When you stop and think about it, the behavior is odd because, bottom line, money is money whether you are buying or selling.
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And so we believe -- and I think this is what consumer behavior is showing -- that people are taking that into account in terms of their buying habits.
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