If they have unwell parents at home, they are willing to spend money on medicines, health supplements, vitamin pills, and protein drinks. Family plays an important role in the development of people’s character. So it follows that the way someone consumes products and services is family-related as well. This branch of consumer behavior studies these effects and how to utilize them in marketing strategies.
No two people have the same purchase habits. Individual buying habits differ depending on their age, need, money, lifestyle, geographic region. And the willingness to spend, as well as family status, among other factors. Immediate family members have a significant influence on a person’s purchasing decisions. Before acquiring a product or service, an individual will usually consult with his immediate relatives. Family members may support or oppose a person’s decision to purchase a product. Or they may propose a few alternatives. What a person learns from his parents creates their culture. In nations such as India, children live with their parents until they marry. So the impact of parents on a person’s purchasing decisions is detrimental.
What someone observes as a youngster, becomes a habit, or, in other words, a way of life for them. Salwar suits and saris, rather than westerns or short dresses, are preferred by traditional women. During marriages, festivals, and other significant events in India, parents want their children to dress up in lovely, colorful clothing. Even if youngsters express a desire to purchase something different, their parents will always encourage them to purchase conventional clothing, so influencing their purchasing decision.
Work smart, not hard - that’s a motto I’ve lived with my whole life. I have always been motivated to do so, and believe everyone should follow the same philosophy. My passion for learning has always been intense, even though I never joined a University. It never even crossed my mind. I believe anyone can be self-taught if determined, given the right resources. The internet was my source of education. Over time, I taught myself everything I needed to know online; and decided to create the same opportunity for others. I've always loved a challenge, and starting this website was my way of challenging myself.
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