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Marketers need to understand the criteria consumers are using in making buying decisions to be able to compete successfully in the marketplace. Once marketers understand
Marketers need to understand the criteria consumers are using in making buying decisions to be able to compete successfully in the marketplace. Once marketers understand this behavior, strategic marketing plans can be formulated to help a brand be the one that consumers choose, which should lead to an increased bottom line for the business. In addition, once marketers understand what is driving consumption, they may also be able to influence buying decisions, creating a demand for a product or service.
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