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How do changes in consumer preferences and buying habits

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Reference no: EM133526065

Questions:

  • How do changes in consumer preferences and buying habits impact the demand for luxury goods during economic downturns?
  • Why do people often perceive a cup of coffee from a fancy café as more valuable and satisfying than one brewed at home, even if the ingredients are the same?
  • How do social media influencers and online reviews influence the purchasing decisions of consumers, and what economic factors contribute to this phenomenon?

Reference no: EM133526065

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