Discuss the impact of the changing age structure of the population on consumer spending and buying behavior. Why is this trend important to marketers?Why should marketers pay close attention to the cultural environment?

Q: Why do consumers love social trends?

A: The majority of people have observed a social trend.The activities in which society participates are…

Q: Is there still any need for traditional marketing techniques in a world of socialcommerce? Why or…

A: Marketing techniques are used to build brand positioning and placement in the market. The common…

Q: The family is the most important social institution for many consumers, strongly influencing values,…

A: Yes, family is the most important social institution for many consumers, strongly influencing…

Q: As a marketer, why is it important to understand consumer behaviour? Explain one internal and…

A: The study of consumers and the processes they use to choose, use (consume), and dispose of goods and…

Q: he cônsists öf ross income, dispos- scretionary income

A: Features of business environment: 1.Uncertainty: Predicting changes in the business environment is…

Q: What is the first major trend changing marketing in recent years?

A: Above question is answered below:

Q: Do various demographic or social-strata groups (age, gender, urban/suburban/rural, occupation,…

A: INTRODUCTION: Consumer behavior is the learning of individuals, groups, or organizations and all…

Q: EXPLAIN WHY MARKETERS SHOULD CREATE A MARKETING STRATEGY TO CONSIDER THE SOCIETAL AND ENVIRONMENTAL…

A: According to the societal marketing idea, marketers have a greater social responsibility than just…

Q: Describehow social viability helps in determining the level of consumer involvement?

A: Social viability is a term used for the various indicators of the support system which assists the…

Q: Discuss how social viability helps in determining the level of consumer involvement

A: Customers are the people or institutions which takes part in the economic exchange with the firm.…

Q: What ethical issues arise in marketingto the lower social classes?

A: social class is the group of people in the society who share the same socioeconomic status, lower…

Q: Describe how social forces such as demographics and culture can have an impact on marketing…

A: Whether marketing to domestic or international markets, demographic information can provide…

Q: How do market forces influence media coverage?

A: The market structure also includes different competition levels among the firms and how they operate…

Q: Which theory of consumption best explains the consumption behavior of consumers of our economy.

A: Consumer behavior is known from what type of products the consumer choose . It is…

Q: Can popular music play a role as both a progressive force in the marketing tool?

A: Marketing strategy is the aspect of marketing that deals with strategies or the organization…

Q: Why has the marketspace captured the eye and imagination of marketers worldwide?

A: Marketing is the process of identifying the needs of the consumers and selling goods and services…

Q: Discuss some specific examples of how changing demographic factors affect you and your buying…

A: Demographic characteristics assume a significant part in a buyer's buy choice measure and can cause…

Q: What do marketers mean when they refer to technological and sociocultural environments? Why do they…

A: Technology environment for marketers mean that the marketers must check the technology in the…

Q: Explain the importance of understanding the market-place and customers and identify the five core…

A: The idea of the market essentially rose up out of the idea of an exchange. We can characterize the…

Q: Why does the consumer culture exist?

A: Consumers are the people who consume or use the products or services. Consumers and customers are…