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 Study Consumer Needs/Wants  Determine Ways Sellers Can Satisfy Needs/Wants.

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Presentation on theme: " Study Consumer Needs/Wants  Determine Ways Sellers Can Satisfy Needs/Wants."— Presentation transcript:

1  Study Consumer Needs/Wants  Determine Ways Sellers Can Satisfy Needs/Wants

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3 Study Situation Select Method Collect Data Analyze Data Prepare Report

4 Observation Focus Group Experimentation Surveys

5  Psychological  Personal  Social  Cultural

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7  Warehousing- Collecting, Storing, & Retrieving Data  Mining- Searching, Sifting, & Reorganizing Data

8  Industrial  Reseller  Government/Institutional

9  Buyer Differences  Professional  Specialist  Experts  Buyer-Seller Relationship

10  Products- Redesign For Foreign Buyer  Pricing- Cover Increased Cost Of Transport/Selling  Distribution- Delays In Establishing Network For Startup  Promotion- Cultural Differences

11  Products- Limited Buying Market  Pricing- Incorrect Cost Estimation  Distribution- Location Is Critical  Promotion- Local Which Is Cheaper


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