The term buyer behavior is the way consumers purchase their products and services. The customer-oriented concept finds out the wants, needs, and desires of customer. This type of concept gets a feel for resources of the business to deliver a need satisfying product and service. The three needs to understand are:
- 1) Why consumers make the purchases that they make? 2) What factors influence consumer purchases? 3) The changing factors in our society.
Source: www.udel.edu