How do situational factors influence impulse buying?

Situational factors play a significant role in influencing impulse buying behavior among consumers. These factors include the physical surroundings, such as store atmosphere and layout, as well as the social context, such as the presence of friends or family. In-store promotional activities, such as discounts and special offers, can also trigger impulsive purchases. Additionally, personal factors such as one's mood, desires, and cognitive processes are interconnected with situational factors, shaping the likelihood of impulse buying. Moreover, time constraints and urgency may also contribute to impulsive buying decisions. Understanding how situational factors influence impulse buying can assist marketers in developing effective strategies to capitalize on these factors and drive unplanned purchases.
This mind map was published on 8 September 2023 and has been viewed 51 times.

You May Also Like

How to develop a strategic plan?

What are the health benefits of maca?

What are the key tasks performed by admins in NFT community management?

What are the engineering and production stages?

How does motivation impact memory improvement?

How does David Hume define knowledge?

What is the definition of knowledge according to David Hume?

What are the different genres of texts?

How can texts be understood and interpreted?

How can you prevent stains from setting in?