Download or read book Factors Influence Future US Consumer Behavior written by John Lok and published by . This book was released on 2022-03-14 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book concerns how to apply behavioral economy and psychological methods to predict future America consumption market trend. I shall focus on only America future consumption market trend about five to ten years consumer behavioral psychological prediction as well as I shall give evidences to explain whether what factors cause the residents' consumption behavioral differences between big cities and small cities. In America consumption market, I shall indicate some popular American consumption market of some consumer products and foods as well as manufacturers' production of material consumption products to explain why and how the factors cause big and small cities' residents' consumption behavioral differences. The most important writing aim in my this books, I shall explain some evidences to support the cause and effect relationship is between U.S. people's consumption psychological attitude ( cause ) and consumption behavior ( effect) to let my readers have more clear understanding how and why future these U.S. big and small cities consumption market will be influenced by these factors. All gathering data are based on U.S. past consumption market data to be used to predict how future U.S. these consumption markets change to achieve more accurate prediction.

Download or read book Is Whole US Consumer Behaviors Are Same written by Johnny Ch LOK and published by . This book was released on 2018-12-25 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: IntroductionThis book concerns how to apply behavioral economy and psychological methods to predict future America consumption market trend. I shall focus on only America future consumption market trend about five to ten years consumer behavioral psychological prediction as well as I shall give evidences to explain whether what factors cause the residents' consumption behavioral differences between big cities and small cities. In America consumption market, I shall indicate some popular American consumption market of some consumer products and foods as well as manufacturers' production of material consumption products to explain why and how the factors cause big and small cities' residents' consumption behavioral differences. This book brings two questions:(1)Why do the factors influence the consumer behavioral differences between small cities and large cities in US?(2) How do the factors influence the consumer behavioral differences between small cities and large cities in US?The first part explains how and why that whatfactors influence consumer behavioral differences between US big cities and small cities ,what factors can influence the Washington, New York big cities consumer behaviors, what is smart city digital technological living factor to influence Washington city residents' consumption behavioral changing , what factors influence US big cities and small cities same consumer behavioral habitsThe second part indicates the manufacturers material and consumers product researching topics include: How to apply behavioral economy and psychological methods to predict future U.S. tobacco production, consumption and export trends? Is consumption in the United States influenced by income inequality? How to apply behavioral economy and psychological method to predict how to influence U.S. future consumption level by global climate warming target? What factors will influence U.S. long term trends in steel material consumption for manufacturing industries? What factors will influence how U.S. selected minerals changing trends in consumption and production for U.S. manufacturing industries? What factors will influence U.S. consumptin of oranage fruit and vegetables market? How can smart technologies influence U.S. consumers' purchase behaviors ( consumption behaviors) of dairy categories of different product selections and consumption attitude changing? What factors will influence U.S. alcohol consumption in past, present and future trends? What factors will influence U.S. energy consumption user individual attitude changing on spending energy , such as petroleum and other liquids, natural gas, electricity generation on transportation , buildings and industrial useful aspects? What factors will influence U.S. wine and tea consumer drinking habit and purchasing behavior? What factors influenc U.S. seafood nd pork consumer eating behavior? What factors influence U.S. travellers change tourism entertainment behaviors? What factors influence U.S. food manufacturing material sugar supply and and demand? What factors influence U.S. daily lighting product market demand? The most important writing aim in my this books, I shall explain some evidences to support the cause and effect relationship is between U.S. people's consumption psychological attitude ( cause ) and consumption behavior ( effect) to let my readers have more clear understanding how and why future these U.S. big and small cities consumption market will be influenced by these factors. All gathering datas are based on U.S. past consumption market datas to be used to predict how future U.S. these consumption markets change to achieve more accurate prediction.

Download or read book Time Factor Influences Consumer Behavior written by Johnny Ch Lok and published by . This book was released on 2019-07-30 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: We have four main factors that affect consumer behaviour they are;1.Consumer Behaviour - Cultural factors .Culture plays a very vital role in the determining consumer behaviour it is sub divided in.‧Culture is a very complex belief of human behaviour it includes the human society, the roles that the society plays, the behaviour of the society, its values customs and traditions. Culture needs to be examined as it is a very important factor that influences consumer behaviour.‧Sub-CultureSub-culture is the group of people who share the same values, customs and traditions. You can define them as the nation, the religion, racial groups and also groups of people sharing the same geographic location‧Social Class Society possesses social class; in fact every society possesses one. It is important to know what social class is being targeted as normally the buying behaviour of a social class is quite similar. Remember not just the income but even other factors describe social class of a group of consumers.2.Consumer Behaviour - Social Factors Social factors are also subdivided into the following‧Reference groupsUnder social factors reference groups have a great potential of influencing consumer behaviour. Of course its impact varies across products and brands. This group often includes an opinion leader.‧Family The behaviour of a consumer is not only influenced by their motivations and personalities but also their families and family members who can two or more people living together either because of blood relationship or marriage.‧Role and status People who belong to different organizations, groups or club members, families play roles and have a status to maintain. These roles and status that they have to maintain also influences consumer behaviour as they decide to spend accordingly.3.Consumer Behaviour - Personal factors A number of personal factors also influence the consumer behaviour. In fact this is one major factor that influences consumer behaviour. The sub factors under personal factor are listed below.‧Age and life cycle stageAge of a consumer and his life cycle are two most important sub factors under personal factors. With the age and the life cycle the consumers purchase options and the motive of purchase changes, with his decisions of buying products change. Hence this stage does affect consumer behaviour.‧OccupationOccupation of a consumer is affects the goods and services a consumer buys. The occupations group has above average interest in buying different products and services offered by organizations. In fact organizations produce separate products for different occupational groups.‧Financial or economic situations Everything can be bought and sold with the help of money. If the economic situation of a consumer is not good or stable it will affect his purchase power, in fact if the consumers or the economy of a nation is suffering a loss it defiantly affects the consumers purchase or spending decisions.‧Life stylePeople originating from different cultures, sub cultures, occupations and even social class have different styles of living. Life style can confirm the interest, opinions and activities of people. Different life styles affect the purchase pattern of consumers.

Download or read book The Relationship Between Consumer Behavior And written by Johnny Ch LOK and published by . This book was released on 2018-08-20 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1Digital consumption marketNowadays, digital electronic marketing invention has be popular to change traditional consumption model. In special, in US, UK Europe etc. large area countries people who like to consume from digital e-commerce online shopping channel more than traditional walk-in visiting stores/shops purchasing channel.So, online shopping will be play one important digital consumption market role to influence future consumer behavior as well as it will also influence predictive economy change. The digital consumption environment can link global consumption transaction activities between consumers and businessmen to shorten every consumer individual decision making time as well as it can build social consumption online networks in online shopping environment.According to internet live stats which collect data from different international sources, around 40% of the work population has an internet connection today, when 20 years ago it was less than 1%. The number of internet users has increased from 1999 year to 2013 year, the third billion being reached in 2014 year of it, today only one billion people are using social networks, but by 2020 year this number will double according to analysts ( Internet live statistics , 2015).It brings this interesting question: How will digital consumption market be one marketing information factor to influence consumption behavior changes? I shall indicate some cases to explain how digital consumption marketing channel influences some products or services consumption model changes.For travel industry example, travel agents are one middle people to provide hotel rooms pre-booking arrangement, travel journeys arrangement, purchase electronic air tickets service arrangement between the travelling consumer and the airline. In general, every traveler must walk-in to visit the travel agent to choose the most reasonable travel journey arrangement and air paper ticket price, hotel room traveling and different kinds of traveling entertainment and transportation arrangement services. However, nowadays digital consumption market is popular, e-airline ticket ( electronic airline tickets) pre-booking hotel rooms, pre-traveling trip arrangement which can be provided pre-booking consumed service from internet channel. It will bring one more traveling consumption channel choice to any one traveling consumer.Internet technical improvement, traveling consumers begin to have increasingly more diverse needs. They can find or seek any traveling information from internet and the visa card payment method of choice, so they can choose either online or walk-in visiting travel agents both traveling service consumption marketing research methods will change traveling consumer individual whose traditional visiting travel agents channel to online e-airline ticket purchase online pre-booking hotel rooms arrangement channel. Due to traveling people began to use the internet on a larger scale in order to search products or services and to compare their price and characteristics. Online marketing began to have a decisive role in the buying process, so new technology have more development in order to predict how to change the consumers behavior, one of them being big data in traveling entertainment market. So, internet will change traditional traveling agents role to pre-booking e-airline ticket purchase, online pre-booking hotel room traveling consumption role.

Download or read book Future Technology How Influences Consumer Behavior Change written by Johnny Ch Lok and published by . This book was released on 2021-03-26 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, the current technological changes of humans and machines, but rather an opportunity for work to truly become a channel though which human recognize full potential. As US is a high technological developed country. I assume many US employers will choose to act to be the first high technological and invention manufacturing leader to encourage which labors need to learn high technological production methods to prepare manufacture any new technological products to sell in the future US domestic or foreign both markets. Thus, it is possible that future high technological manufacturing labor numbers will be shared large go e.g. 50 to 60% future total US labor market.How can future US labor market affect job creation and productivity growth? US future economic growth requires factor reallocation across US firms and continuous replacement of technologies. US labor market influences US economy dynamism by their impact on the supply of a key factor, skilled workers to US new and expanding firms, US growth -favoring labor market includes portable pension plans and health insurance united to the current US employers, individualized wage-setting and US public income insurance systems that encourage mobility and risk taking. US future economic growth arises as production shifts from less to more successful firms though the reallocation of factors of production . US labor market can advance restructuring. Overly regulations tend to create a system in which a large share of economic activity occurs in US small firms without the ability to grow. US labor market should be organized to promote potential high growth US firms, especially through decentralized and individualized wage setting, portable jobs.In the future, US will have many key importance of high growth firms. US capitalism entails a process of creative destination. New ideas continuously challenges act structures, giving rise to structural transformation as successful innovations and new products firms and industries will arise and obsolete ones will decline in US society. Martin, J. P. (2012) studies pointed to high-growth forms ( sometimes known as gazelles) as the main drivers of this process. In the US, an estimated 1% of firms creation 40% of all new jobs and 5% create almost 70% of new jobs. A review of the studies of US firms growth reveals some common findings . US high-growth firms are crucial to net job growth, generating a large share of all net jobs . This is particularly pronounced in recessions, when US high-growth firms continue to grow when other US firms deadline. US small firms are over-represented among high-growth firms, but these US firms come in all sizes . A small subgroup of large high growth firms are major job creators. Such as US high -growth firms are younger on average, US young and small high high-growth firms grows, not through mergers and acquisition and make a larger contribution to net employment growth than do US larger and older higher growth firms, high growth firms are present in all industries. Through they are slightly overrepresented in service industries in US.Some economists predict that future US will be a flexible labor market, the marginal product of labor and the average wage in an industry should tend toward equally across US firms. Taking advantage of a legislative change to raise cost to US employers a study measured the gap between the marginal product of labor and the average wage in an industry before and after the reform. The gap increased after the legislation, which suggests that the legislation reduced allocative efficiency. Their studies have suggested that total factor productivity could increase by as much as 30% in China and India of they were to attain the US level of allocation efficiency across firms within individual industries.

Download or read book Us Big Cities and Small Cities Consumer Behavioral written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-12-30 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book concerns how to apply behavioral economy and psychological methods to predict future America consumption market trend. I shall focus on only America future consumption market trend about five to ten years consumer behavioral psychological prediction as well as I shall give evidences to explain whether what factors cause the residents' consumption behavioral differences between big cities and small cities. In America consumption market, I shall indicate some popular American consumption market of some consumer products and foods as well as manufacturers' production of material consumption products to explain why and how the factors cause big and small cities' residents' consumption behavioral differences. This book brings two questions: (1)Why do the factors influence the consumer behavioral differences between small cities and large cities in US?(2) How do the factors influence the consumer behavioral differences between small cities and large cities in US?The first part explains how and why that whatfactors influence consumer behavioral differences between US big cities and small cities, what factors can influence the Washington, New York big cities consumer behaviors, what is smart city digital technological living factor to influence Washington city residents' consumption behavioral changing, what factors influence US big cities and small cities same consumer behavioral habitsThe second part indicates the manufacturers material and consumers product researching topics include: How to apply behavioral economy and psychological methods to predict future U.S. tobacco production, consumption and export trends? Is consumption in the United States influenced by income inequality? How to apply behavioral economy and psychological method to predict how to influence U.S. future consumption level by global climate warming target? What factors will influence U.S. long term trends in steel material consumption for manufacturing industries? What factors will influence how U.S. selected minerals changing trends in consumption and production for U.S. manufacturing industries? What factors will influence U.S. consumption of orange fruit and vegetables market? How can smart technologies influence U.S. consumers' purchase behaviors ( consumption behaviors) of dairy categories of different product selections and consumption attitude changing? What factors will influence U.S. alcohol consumption in past, present and future trends? What factors will influence U.S. energy consumption user individual attitude changing on spending energy, such as petroleum and other liquids, natural gas, electricity generation on transportation, buildings and industrial useful aspects? What factors will influence U.S. wine and tea consumer drinking habit and purchasing behavior? What factors influence U.S. seafood and pork consumer eating behavior? What factors influence U.S. travelers change tourism entertainment behaviors? What factors influence U.S. food manufacturing material sugar supply and and demand? What factors influence U.S. daily lighting product market demand? The most important writing aim in my this books, I shall explain some evidences to support the cause and effect relationship is between U.S. people's consumption psychological attitude ( cause ) and consumption behavior ( effect) to let my readers have more clear understanding how and why future these U.S. big and small cities consumption market will be influenced by these factors. All gathering data are based on U.S. past consumption market data to be used to predict how future U.S. these consumption markets change to achieve more accurate prediction.

Download or read book Can Psychological and Marketing Information Both Factors Be Felt to Influence Consumer Behavior written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-08-28 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Second part Marketing information factor Chapter 1 Digital consumption market Nowadays, digital electronic marketing invention has be popular to change traditional consumption model. In special, in US, UK Europe etc. large area countries people who like to consume from digital e-commerce online shopping channel more than traditional walk-in visiting stores/shops purchasing channel. So, online shopping will be play one important digital consumption market role to influence future consumer behavior as well as it will also influence predictive economy change. The digital consumption environment can link global consumption transaction activities between consumers and businessmen to shorten every consumer individual decision making time as well as it can build social consumption online networks in online shopping environment. According to internet live stats which collect data from different international sources, around 40% of the work population has an internet connection today, when 20 years ago it was less than 1%. The number of internet users has increased from 1999 year to 2013 year, the third billion being reached in 2014 year of it, today only one billion people are using social networks, but by 2020 year this number will double according to analysts ( Internet live statistics, 2015). It brings this interesting question: How will digital consumption market be one marketing information factor to influence consumption behavior changes? I shall indicate some cases to explain how digital consumption marketing channel influences some products or services consumption model changes. For travel industry example, travel agents are one middle people to provide hotel rooms pre-booking arrangement, travel journeys arrangement, purchase electronic air tickets service arrangement between the travelling consumer and the airline. In general, every traveler must walk-in to visit the travel agent to choose the most reasonable travel journey arrangement and air paper ticket price, hotel room traveling and different kinds of traveling entertainment and transportation arrangement services. However, nowadays digital consumption market is popular, e-airline ticket ( electronic airline tickets) pre-booking hotel rooms, pre-traveling trip arrangement which can be provided pre-booking consumed service from internet channel. It will bring one more traveling consumption channel choice to any one traveling consumer. Internet technical improvement, traveling consumers begin to have increasingly more diverse needs. They can find or seek any traveling information from internet and the visa card payment method of choice, so they can choose either online or walk-in visiting travel agents both traveling service consumption marketing research methods will change traveling consumer individual whose traditional visiting travel agents channel to online e-airline ticket purchase online pre-booking hotel rooms arrangement channel. Due to traveling people began to use the internet on a larger scale in order to search products or services and to compare their price and characteristics. Online marketing began to have a decisive role in the buying process, so new technology have more development in order to predict how to change the consumers behavior, one of them being big data in traveling entertainment market. So, internet will change traditional traveling agents role to pre-booking e-airline ticket purchase, online pre-booking hotel room traveling consumption role.

Download or read book Factors Influence Future Social Consumer Behavioral Changes written by John Lok and published by . This book was released on 2023-09-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, we are experiencing new economic development period. Many countries societies will have significant change, however, we will difficult to predict whether what our societies will change or how and why we future societies will have these possible changes. I write this book aims to explain whether what some social changes will be causes to influence our daily living in possible future development. Due to we are experiencing new economic development period, so we ought to attempt to predict whether what our societies will be influenced to change by new economic development. However, I predict that human is facing old economic society change. Why do we shall experience old economy society? What factors may influence future consumer behavioral change?

Download or read book Predicting US Consumption Market Trend written by Johnny Ch LOK and published by . This book was released on 2018-11-24 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: IntroductionThis book concerns how to apply behavioral economy and psychological methods to predict future America consumption market trend. I shall focus on only America future consumption market trend about five to ten years consumer behavioral psychological prediction. In America consumption market, I shall indicate some popular American consumption market of some consumer products and foods as well as manufacturers' production of material consumption products. This book brings two questions:(1)Can apply behavioral economy method to explain why and how US future consumption trend to these products and services?(2) Can apply behavioral economy method to predict US future consumption trend in order to explain any countries' consumers' future behavioral consumption trend?The manufacturers material and consumers product researching topics include: How to apply behavioral economy and psychological methods to predict future U.S. tobacco production, consumption and export trends? Is consumption in the United States influenced by income inequality? How to apply behavioral economy and psychological method to predict how to influence U.S. future consumption level by global climate warming target? What factors will influence U.S. long term trends in steel material consumption for manufacturing industries? What factors will influence how U.S. selected minerals changing trends in consumption and production for U.S. manufacturing industries? What factors will influence U.S. consumptin of oranage fruit and vegetables market? How can smart technologies influence U.S. consumers' purchase behaviors ( consumption behaviors) of dairy categories of different product selections and consumption attitude changing? What factors will influence U.S. alcohol consumption in past, present and future trends? What factors will influence U.S. energy consumption user individual attitude changing on spending energy , such as petroleum and other liquids, natural gas, electricity generation on transportation , buildings and industrial useful aspects? What factors will influence U.S. wine and tea consumer drinking habit and purchasing behavior? What factors influenc U.S. seafood nd pork consumer eating behavior? What factors influence U.S. travellers change tourism entertainment behaviors? What factors influence U.S. food manufacturing material sugar supply and and demand? What factors influence U.S. daily lighting product market demand? The most important writing aim in my this books, I shall explain some evidences to support the cause and effect relationship is between U.S. people's consumption psychological attitude ( cause ) and consumption behavior ( effect) to let my readers have more clear understanding how andy why future these U.S. consumption market will be changed by what the factors influence. All gathering datas are based on U.S. past consumption market datas to be used to predict how future U.S. these consumption markets change to achieve more accurate prediction.

Download or read book America Consumer Behavior written by Johnny Ch Lok and published by . This book was released on 2020-10-26 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: I suppose US big cities have more high income and high education people are living. So, they have more effort to buy greenhouse gas to use at home to reduce pollution challenge. So, it seems that the greenhouse gas sale number in big cities, US will be higher than the small cities, US. Whether will future global climate change influence U.S. consumption market to reduce U.S. people greenhouse gas consumption desire? Does external natural environment variable factor influence U.S. people's green house gas consumption desires to be reduced? Ought U.S. businessmen need to achieve international poor or negative climate warm environment changing policies to prevent future U.S. natural energy resource shortage challenge causing? The important question concerns why and when future global climate warm environment changing negative factor will influence global natural energy, such as greenhouse gas consumption desire to be fallen down. I shall explain why and how global warm climate change will influence global consumption desires to be reduced as below: On the one hand, I shall explain how and why global warming climate changing factor will influence future greenhouse gas consumers' useful desires to be reduced. For national and regional greenhouse gas daily nature energy global home users' consumption product example, the emission reduction, due to global climate warm changing factor causes, it will lead global home users' consumption desires to be reduced. In general, global home energy consumers will choose to buy greenhouse gas energy product for these functions: Cooking food, driving vehicles to travel, air condition and heater energy supply etc. main daily basic needs at home or driving uses. So, when the home energy users ( families) need to drive cars to go to office or go to any where to entertain needs. These families will choose to buy greenhouse gas to drive cars to replace other kinds of energy. Also, when families choose to cook breakfast, lunch or dinner at home, who will make choice either buy greenhouse gas or other kinds of energy to cool their food to eat at home. Also, when winter or summer is coming, families will choice either buy greenhouse gas or other kinds of energy to turn on heaters or air conditions when they feel too hot or too cold at home. So, it seems that future greenhouse gas will b some families' base essential energy choice product, due to green house gas does not make pollution to compare other kinds of energy and price is not very expensive when global any families choose to buy this kind of energy to use at home for long term benefit. However, future serious global warming climate environment changing effect will bring this question: Why will global warming climate changing factor cause global greenhouse gas energy consumers to choose other kinds of energies to replace it to use? I shall explain the reasons as below: Some environment scientists had confirms that it has relationship between the possible supplying shortage challenge of the global greenhouse gas consumption level and the global climate warming growth. They indicates the required change in GHG emission intensity for each category, such as living need to use greenhouse gas to drive car, using greenhouse to cook food, ( i.e. GHG emission per calorie, person kilometer of driving, square meter). The proposes concept provides guidence for any new greenhouse gas product developers, greenhouse gas consumers and government environment protection policymakers. Moreover, environment scientists indicated that we needs to protect our natural environment to avoid to cause air and water pollution due to our energy emission. They aim to reach the 2 degree climate target ( 2.1 tco2-eq. per capita in 2050 year. The GHG emission intensity of greenhouse gas consumption has to predicted to reduce by a factor of 5% in 2050 year.

Download or read book An Inquiry Into the Nature and Causes of the Wealth of Nations written by Adam Smith and published by . This book was released on 1822 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Learning Social Change How Influences Consumer Behavior written by John Lok and published by . This book was released on 2022-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How social change influences human behavioral change ? Why human behavior may be influenced by social change? Our individual behavior whether can be influenced to bring negative or positive attitude by social change? I shall attempt to indicate cases to explain whether our individual behavior can be influenced to changed by social environment change. Readers can have more understand how and why social change may influence our behavior in possible. Behavioral economy is one useful and fun social subject. Behavioral economists ususally research how and why human behaviors may influence economy growth or recession, or how and why economy environment changing factor may influence human behavior changes. The first part explains what future technology factors will influence US economy development. The second part explains what future technology factors will influence UK economy development. The final part that I shall give some economy theories to explain why these kinds of technological factors can influence future these both countries' economy growth. It brings this question: What are future influential technological development trend to US and UK?

Download or read book Behavioral Economic Method Predicts Consumer Behavior And Relationship written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-11-10 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: ditional economy can be predominted by psychology, but it can also include elements of philosophy, sociology nd even mathematics or econometrics. When any product manufacturers or sellers or service providers expect to predict consumer market how will change to influence consumer individual consumption effort. Analysis is necessary, it is made possible a better understanding of the human brain and of the fundmentals on which it builds decision-making. However, they also need to make any hypotheses of consumption environment to attempt to find what factors will influence future individual customer behavioral changes to make decision making whether how any why he/she chooses to buy the product or consume the service. So, the research methodology was concentrate on quality method more than quantity method when any product manufacturer or service provider expects to predict future consumer behavioral how and why changes more easily. The research processing includes data collected from the global business similar product seller market. The data can concern: How and why the environmental factors had influenced many consumers make emotional reponses of individuals in economical decision making to choose the purchase any similar brand product consumers' shopping experiences will help the present product manufacturers to predict whether how and why what factors will influence the similar product consumers to choose to buy its products in future consumption environment more easily.

Download or read book Can Apply Artificial Intelligence Predicts Consumer Behavior In Business Environment written by Johnny C. H. Lok and published by Independently Published. This book was released on 2018-09-17 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prepare This book has these two research questions need to be answered? (1) Can apply (AI) learning machine predict consumer behaviors? (2) Can (AI) learning machine replace human marketing research method, e.g. survey or human psychological and micro and macro economic methods to predict consumer behaviors more accurate? Nowadays, many businessmen or marketing research professional hope to apply different methods to predict consumer behaviors in order to know what will be future market activities and market changes to help them to choose to implement what kinds of marketing strategies more accurately. The methods include economic environmental change prediction method, consumer individual psychological change prediction method, micro or macro behavioral economic environmental change prediction method, marketing environmental change prediction method etc. different kinds of methods which can be applied to predict how consumer behavioral changes to influence whose behavioral consumption to the manufacturer products sale within one to two years short term or three to five years middle term, even above five years long term business plans. Hence, if the product manufacturers can apply the most suitable consumer behavioral prediction method to predict how consumers' choice will be changed to influence their products sale easily. It will have more beneficial intangible and tangible advantages to achieve the their product easier sale aim to ensure their businesses' future market share to be increased more easier to their countries' choice target sale markets. Otherwise, if they applied the inaccurate consumer behavioral prediction methods to predict how their consumers' behavioral changes wrongly. Then, it will influence their market shares to be same level, even it will decrease their market shares, when their consumer behavioral prediction inaccurately. In my this book first part, I concentrate on indicate whether any artificial intelligence (AI) tools will be one kind of good consumer behavioral prediction method to be choose to apply to predict consumer behaviors. I shall indicate some examples, cases to give reasonable evidences to analyze whether (AI) tools will be one kind suitable tool to be applied to predict when and how consumer behavioral changes. If (AI) can be one kind tool to attempt to be applied to predict when and how consumer behavioral changes. Will it replace other kinds of methods to predict consumer behaviors? Does it have weaknesses to be applied to predict consumer behaviors, instead of strengths? Can it be applied to predict consumer behaviors depending on any situations of only some situation? Finally, I believe that any readers can find answers to answer above these questions in this book. In my this book second part, I shall explain why and how human can possible apply (AI) tool to predict consumer individual emotion. I shall indicate case studies to explain how consumer individual better or worse emotion how to influence whose consumption behavior in different situation. Finally, I shall indicate evidences to conclude how and why (AI) tool that can be used to predict consumer individual emotion and it will have direct relationship to influence consumption behavior, as well as how (AI) tool can assist businessmen to judge whether what reasons case the customer does not choose to buy its product, it is possible because the product high price factor, poor product quality or poor staff service performance or attitude etc. different factors to influence the consumer decides to choose to buy the other product consequently, when the (AI) tool can confirm consumer has good or bad emotion to judge what factors are the causes his decision making at the moment.

Download or read book How Time Influence Consumer Behavior written by Johnny Ch Lok and published by . This book was released on 2021-04-07 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Utility theory views consumer is as a " rational economic man". However, the factors influence consumer behaviors may include these activities, such as need recognition, information search, evaluation of alternatives, the building of purchase intention, the act of purchasing choice, consumption and finally disposal. Hence, it seems that all the consumer's activities in whose purchase processes. They will influence their choice. For example, when the property purchase consumer, he plans to research different kinds of properties information concern price, location, housing areas, room numbers, building facilities and environment facilities. He will find some sample target properties information to make comparison in order to decide to buy which of property is the most suitable to satisfy his living need.However, it is not only one activity for the property purchase buyer in his decision making process. It also include evaluation of alternatives activity when he ensures the accurate property information number in order to evaluate whether which one of all these property choices is the most suitable one. Hence, it explains that property information research and evaluation of alternatives both activities are needed to spend much time for this property buyer. If he does not plan to find one property to live in short time, it is possible that he can spend one month, even more than one month or more than three months time to do the only property information gathering activity. Hence, it seems that time factor is not the main factor to influence the property buyer to do property purchase decision immediately. Otherwise, if the property buyer plans to find one new property to live within one month. Then, time factor is possible one important factor to influence this property purchase choice decision. For example, if he felt that he needs more time to spend to gather information concerns the large house area size and the properties have more than three bathrooms and/or bedrooms properties information. Then, he will be possible not to find any this kinds of all property information. So, it means that all these properties won't be his choice. It is because long time property information gathering activity factor influence.I assume that the property buyer is a economic man and he does not spend much time to do the property information gathering activity. So, this kind of property needs him to spend long time to gather properties information in order to make this kind of properties comparison. Moreover, because he expects to live one new property within one month. So, he only chooses the properties, they have less than three bedrooms and/or bathrooms to gather sample properties information in order to make property purchase decision within one month. Hence, the time variable factor can only influence the property purchaser when he/she needs to make decision to buy one new property to live in the short time. If some kinds of properties choices number has a lot and the property buyer feels to let that he/she must need to spend long time to find the suitable properties number to make evaluation alternatives comparison behavior. Then, the time variable limiting pressure factor will be possible the main factor to influence the property buyer's choice in order to make the most suitable kind of property purchase decision. Hence, it is one case example of how time limiting pressure factor can influence consumer purchase choice decision, such as property purchases market case. The reason explains why the property buyer needs to spend time to do property information gathering. I assume that general property buyer behave rationally in the economic sense. They won't only believe property agent individual property photos advertisement, it concerns where the property location is and facility etc. information on property photos in order to evaluate whether the property price is reasonable to pay.

Download or read book Advances in Consumer Research written by Elizabeth C. Hirschman and published by . This book was released on 1985 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book How to Predict Consumer Psychology written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-10-17 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: I shall introduce the different kinds of behavioral consumption of prediction methods include: the standard economic model of behavioral consumption of prediction method, online psychological advertising of prediction method, brand image attention of behavioral consumption of prediction method, store atmosphere environment influence prediction method, knowledge of the factors prediction method, constructive consumer choice processes influence prediction method, survey research prediction method, consumer neuroscientific research prediction method etc. different psychological research of consumption methods.I shall explain why analysis of demographic trends is only important for industrial and business-to-business marketing and why it can't concentrate on consumer individual consumption marketing both as well as to explain why in an individual firm, which must understand not only the customer's minds, but also the minds of the customers'and to explain how to apply demographic analysis to predict consumer behavior factors include: changing structure of markets, geographic factors, economic resources and global markets. I shall explain why market analysis requires information about consumers with needs, ability to buy, willingness to pay and authority to pay, changing structure of consumer markets, such as how many consumers will there be? e.g. birthrate, national increase, fertility rate, total fertility rate, population momentum etc. information. I shall give insurance and travel both industries to explain how to apply behavioral economy theories to solve consumer behavior prediction as well as I shall indicate some methods to explain how manufacturers or service providers can attempt to solve some challenges encountering when who attempt to predict consumer behaviors. Finally, I shall indicate what the methods are the most effective to attempt to predict consumer behaviors.In part two, I shall explain what psychological method means and how to apply psychological method to predict consumer behavior. Consumer behavior is comparatively a new field of study. It led every manufacturer's attention from product to consumer and specially focused on consumer behavior. The evaluation of marketing concept from selling concept to consumer oriented marketing has resulted in buyer behavior becoming an independent discipline. The growth of consumerism and consumer legislation emphasizes the importance that is given to the consumer. Thus, consumer behavior is a study of how individuals make decision to spend their available resources ( time, money and efforts) or consumption related aspects ( what who buy? when why buy? how who buy? etc.) Hence, marketers need to obtain an depth knowledge to know to use what psychological method(s) is(are) the suitable to predict consumers buying behavior to raise customer numbers easily . Finally, this knowledge acted as a tool to the marketers to forecast the future buying behavior of customers to reduce any new products of investment risk before who decide to manufacture to sell to the market.