and the other party receives a form of secured long term debt. On the other hand‚ buying involves transfer of ownership from seller to buyer. Buying or leasing decision depends mostly on customer’s preference. There are many factors to consider before taking a buying or leasing decision. 2. Factors Influencing Buying vs. Leasing Decision: Following are the factors a customer should consider before taking a buying or leasing decision. 3.1. Advantages of Leasing: 1. Low monthly payment:
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CONSUMER BUYING BEHAVIOR Factors which affect a consumer ’s buying behavior includes Social factors are those factors which are induced by other people with whom the consumer is in contact with by one way or the other and have affect on the consumers buying behavior. These social factors can arise from culture‚ subculture‚ family and roles‚ reference groups and social class. Psychological Factors Psychological factors are an important part of the decision process. These are inherent to
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conclusion. As per the ideas given by the researchers‚ there are two factors influencing the consumers such as intrinsic and extrinsic factors. It is difficult to classify consumers by conventional demographic factors and unless their thought process and buying behavior are fully understood‚ decisions on product designs and packaging‚ branding and distribution channels are likely to be misplaced. With the inevitability of change looming large over the horizon‚ Indian companies must learn from their western
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Assessment Task 2 – Short essay Customers usually engaged in complex buying behaviour when a big amount of money is involved in the purchase‚ and when they assumed there are important differences between various brands (Kotler‚ Burton‚ Deans‚ Brown & Armstrong 2013). This essay will indicate a complex buying behaviour I have recently involved‚ describe and analyse the buyer decision process‚ which includes the internal and external influences that impacted on my purchase in five main areas‚ problem
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Reasons for not Buying a Car As we all know‚ with the improvement of living standard‚ more and more people could afford to buy a car. But only a small number of them choose to do so. Why? First‚ not buying a car will help us save much money. In China‚ when people talking about buying cars‚ they always say that it’s easier to buy a car than than to maintain one. In other words‚ if we had got a car‚ we would have had to take more things into consideration such as the petrol‚ the requirement
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STRUCTURE OF THE BUYING CENTER Assistant Sitar Corina Pop Sitar Ph.D. candidate Anne-Marie Hordău‚ North University of Baia Mare‚ Victoriei Nr. 76‚ Tel: 0262-276059‚ e-mail: sitarcorina@yahoo.com; annemariehordau@yahoo.com Abstract: Although the buying center concept has made an important contribution to the study of organizational buying behavior‚ comprehensive research of the buying center structure has been limited. This paper extends the understanding of the structure of the buying center by showing
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There are several things involved when buying a car. You would like to have a car you can enjoy and have for a long time. Even if it is not exactly what you want it the quality that counts. There is no reason to have a car and want to sell it in a couple of months. There are three steps in buying a car which are searching‚ driving‚ and purchasing. There are several ideas to look at when searching for a car. When you set off to find a car‚ figure out your price range. When getting there you might
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Pay It Forward is a book about Trevor McKinney’s idea to change the world for his eighth grade social studies class. Paying it forward is a domino effect of doing good deeds. In Trevor’s project‚ he decides to pay it forward to three people. In return‚ each of those three people have to do a good deed for three more people. The book goes through Trevor’s experience with trying to make this project a reality. First‚ Trevor picks three people to pay it forward to‚ Jerry‚ Mrs. Greenberg and his social
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MPRA Munich Personal RePEc Archive E ective advertising and its in uence on consumer buying behavior Ghulam Shabbir Khan Niazi and Javaria Siddiqui and Burhan Ali Shah and Ahmed Imran Hunjra Quiad-e-Azam University Islamabad‚ Pakistan.‚ Federal Urdu University of Arts‚ Science‚ & Technology Islamabad‚ Pakistan‚ Iqra University Islamabad Campus‚ Pakistan 2011 Online at http://mpra.ub.uni-muenchen.de/40689/ MPRA Paper No. 40689‚ posted 16. August 2012 10:02 UTC 114 Information Management
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brand awareness. The telecom sector of Pakistan will be covered in this study. This study will help managers and policy makers that how they can make their brands more popular and get more brand equity. The implication of brand equity depends in many benefits for the companies that have brands. Brand equity has optimistic association with brand loyalty. The positivism approach will be used as the data is quantitative. For this purpose the secondary data will be used. The collection of the data will be
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