A home gardening brand has created an online community forum where gardening enthusiasts can share tips, discuss plant care, and participate in challenges hosted by the brand. The forum also features Q&A sessions with gardening experts. This initiative primarily fosters:

What does the economic (hu)man model assume about consumer behavior?

A well-known electronics brand releases a new TV. Despite aggressive marketing and discount strategies from competitors, the brand’s customers remain with their original TV, waiting for a new release at some point in the future. This customer behavior is an illustration of:

A high-end fashion retailer arranges its store into distinct sections for various clothing lines, accessories, and a lounge area with seating and magazines. The layout is designed to create an intimate and luxurious shopping experience, encouraging customers to explore and spend more time in the store. This type of retail layout is known as:

A smartphone retailer finds that its customers tend to upgrade to new models within the same brand. The company’s focus on innovative features, customer service, and the integration of an ecosystem that offers a seamless experience across devices has resulted in a high customer retention rate. This is an example of:

A coffee shop chain experiences a temporary shortage of a popular seasonal flavor. Despite this, customers continue to patronize the chain and try different flavors. When the favorite flavor returns, these customers resume purchasing it without hesitation. This scenario best demonstrates which characteristic of brand loyalty?

What is the primary focus of consumer behavior?

What factor is MOST important when selecting a target market for growth?

In Porter’s Five Forces, what impact does ‘Entry’ have on incumbents in an industry?

What trend did we discuss in class is contributing to the population return to cities?