The ways wealth and consumer credit influence consumer buying power . Consumer credit is also termed as consumer debt, is credit stretched out to people to purchase products or services. Most generally connected with credit cards, consumer credit additionally incorporates different credit extensions, including a few loans.

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Which of these has been a complaint some marketers have about Groupon and its coupon deals? Few consumers know about Groupon, so businesses must spend money to educate them. Groupon does not try hard enough to sell the service. The money-saving coupons attract only deal-seekers, who rarely become long-term customers. Consumers are getting bored with shopping and couponing apps.

Answer 1

Question

Chapter 3, Problem 6DRQ

Summary Introduction

To discuss: The ways wealth and consumer credit influence consumer buying power.

Consumer credit is also termed as consumer debt, is credit stretched out to people to purchase products or services. Most generally connected with credit cards, consumer credit additionally incorporates different credit extensions, including a few loans.

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