Consumer Behaviour Essay Example | Topics and Well Written Essays - 2000 words - 5

Consumer Behaviour - Essay Example risk of exposure taking being the major aspect in business, the trend of investing downtown for businesses that took the risk has rattling guaranteed them their success. This success is also attributed to its ample parking space and accessible location (Schupp, 2005). festival marketplaces main tie in is their customers, so understanding consumer needs and behavior so as to coop with their ever changing trends is actually necessary. For this kind of business to be privileged in the human heart, then it has to consider the following factors elevated quality goods and services and thats what customers mainly go for, fairly priced goods and services, it should also offer a concoction of goods and services so as to offer customers a wide collection to choose from. Festival marketplaces fill actually succeeded in achieving most of this vital factor.However, understanding consumer behavior is a difficult task. I verbalize difficult and not impossib le. It has to start with market research. This will enable the marketplace to address issues from its consumers directly. contrastes must at all-time strive to be human era oriented so as to win prejudice among the customers in the market. Festival marketplaces have wholly embraced the idea of openness, honesty, being empathetic and exciting. This is an exact illustration of a human era oriented firm. This achievement has been through events like monthly gift card drawing, guardianship free workshops and offering a thank you to the community and its own staff (Blythe, 2008).Moreover, rising to levels that most fete marketplaces have managed to reach is a hectic transition that involves much hard work and devotion of its staff. However, thither are easy procedures and strategies for getting to the top of your business line without necessarily having to wait for decades for the transition to occur. Business favors smart people whose ideologies and actions are not limited or rather confined to a box. Festival