UNDERSTANDING BUYER
 
  UNDERSTANDING BUYER   BUY can be defined as the product that is obtained in exchange for payment.   A   buying   process is the series of steps that a consumer will take to make a   purchasing   decision. A standard model of consumer purchase decision-making includes recognition of needs and wants, information search, evaluation of choices, purchase, and post-purchase evaluation.   Need to understand:   ·                      Why consumers make the purchases that they make?   ·                      What factors influence consumer purchases?   ·                      The changing factors in our society.   Consumer Buying Behaviour refers to the buying behaviour of the ulti...