Explain the consumers buying behaviour, Marketing Management

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Question 1:

The PEST framework which prompts companies to consider Political, Economic, Social and Technological factors - a rather broad bush form of analysis - is scarcely adequate for service providers (Peattie and Moutinho, 2000). A more comprehensive approach which seriously touches the peculiarity aspect of services marketing is the SCEPTICAL analysis. Critically show each of these factors with respect to any service industry of your choice

Question 2:

A consumer's buying behaviour is influenced by a range of factors. Discuss this statement and support your answer with examples.

Question 3:

Write short notes on the following:

(a) The stages of the product life cycle
(b) The characteristics of services marketing
(c) Any four elements of the marketing mix


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