The purchase decision process can vary greatly in terms of the time required from the moment a need is perceived
The purchase decision process can vary greatly in terms of the time required from the moment a need is perceived
until the actual purchase event. Provide an example of an item that may require a long time, and another that may progress relatively quickly through the purchase decision process. What may be some common characteristics among items that have a longer time frame?
2.
Visit the U.S. Census website. What information can you find on this site that will help you to estimate size of market for your marketing plan topic? By using the Internet to also research articles written by trade journals and industry experts, what other relevant information can you find about your industry to help you estimate your market size and market potential?