Advances in Business & Industrial Marketing Research
Vol. 1 No. 3 (2023): June - September

Leveraging Consumer Behavior Research for Effective Marketing Strategies

Kumo, Wardani (Unknown)



Article Info

Publish Date
30 Sep 2023

Abstract

Purpose: This study aims to explore how consumer behavior research can be leveraged to develop effective marketing strategies. The focus is on understanding the factors influencing consumer choices and how these insights can inform targeted marketing approaches. Research Design and Methodology: The research employs a qualitative literature review methodology, systematically collecting and analyzing scholarly articles, books, and reports from various academic databases. The study synthesizes insights to provide a comprehensive understanding of consumer behavior dynamics and their implications for marketing strategy. Findings and Discussion: The findings highlight that consumer behavior is influenced by a combination of demographic, psychographic, cultural, situational, and technological factors. Understanding these factors allows marketers to tailor their strategies to specific consumer segments. The study also emphasizes the importance of digital technologies in shaping consumer behavior, presenting both opportunities and challenges for marketers. Effective marketing strategies must address consumer privacy concerns and leverage emerging technologies such as AI and VR to enhance consumer engagement. Implications: The study underscores the necessity for marketers to integrate consumer behavior insights into their strategic planning. By adopting a multi-perspective approach and embracing technological advancements, marketers can create personalized and impactful marketing campaigns. Future research should focus on sustainability, interdisciplinary collaborations, and continuous exploration of emerging trends to stay aligned with evolving consumer preferences.

Copyrights © 2023






Journal Info

Abbrev

ABIM

Publisher

Subject

Economics, Econometrics & Finance

Description

Founded in 2023, Advances in Business & Industrial Marketing Research publishes original research that promises to advance our understanding of Business & Industrial Marketing over diverse topics and research methods. This Journal welcomes research of significance across a wide range of primary and ...