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In What Ways Do External Factors Impact the Purchase Decision of Consumers?

External factors really influence the choices we make when we shop. Here are some important ones:

  1. Social Influence: Our friends and family can sway what we decide to buy. They might suggest something or start a trend that we want to follow.

  2. Cultural Trends: Ads and social media play a big role in what we like. They can even tempt us into buying things on a whim!

  3. Economic Conditions: How well the economy is doing can affect how much money we feel comfortable spending.

  4. Time Pressure: When we’re in a hurry, we often stick to brands we know instead of trying out new ones.

All these factors guide us as we make decisions about what to buy!

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In What Ways Do External Factors Impact the Purchase Decision of Consumers?

External factors really influence the choices we make when we shop. Here are some important ones:

  1. Social Influence: Our friends and family can sway what we decide to buy. They might suggest something or start a trend that we want to follow.

  2. Cultural Trends: Ads and social media play a big role in what we like. They can even tempt us into buying things on a whim!

  3. Economic Conditions: How well the economy is doing can affect how much money we feel comfortable spending.

  4. Time Pressure: When we’re in a hurry, we often stick to brands we know instead of trying out new ones.

All these factors guide us as we make decisions about what to buy!

Related articles