A consumer behaviour analysis helps to identify how customers decide on a product or a service. To study their behaviour, we need a mix of qualitative and quantitative data from customer surveys, customer interviews, and the information gathered from observation of their behaviour in-store and online.
By having a well-defined set of demographic factors, marketing will be able to identify the best channels to reach these specific demographic segments. The target market segments are specified by demographic factors: age, income, education, ethnicity, geography, etc.
Consumer Trends & Preferences
By identifying customer needs through market research and analysis companies can develop a clear value proposition for their product. After the primary buying criteria have been identified, the company can put in efforts to influence consumer perception.
Consumer Product Adoption
It is a more in-depth understanding of the actual decision-making process of the customer purchase. In order to understand & analyze the consumer’s needs, Signicent assists you by giving data preferences from customer surveys and demographic factors.