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7 Psychological Strategies to Influence Consumer Spending driveresearch.com 2 facts
claimConsumer behavior is influenced by three main factors: psychological processes (learning, perception, and motivation), social influences (social group, status, and familial ties), and individual differences (age, gender, occupation, educational level, and cultural background).
claimThe psychological processes factor of consumer behavior focuses on a consumer's ability to process and retain information on a product or service, consisting of three components: learning, perception, and motivation.