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Angela Welshans
on Nov 20, 2024

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"Black Friday," as the day after Thanksgiving has come to be known in the United States, is a day marked by special deals in most retail stores, including deep-discounted products available in limited quantities, called "doorbusters," that are designed to get shoppers into the store. But one danger of running out of the doorbuster deals is that a shopper may become angry or discouraged at failing to get the special item and decide not to do any more shopping. This is an example of the impact of ________ on the consumer decision process.

A) low regard for self-actualization
B) lifestyle
C) setting high expectations
D) perception
E) learning

Doorbusters

Special promotions offered by retailers to entice customers into stores, often involving highly discounted items available in limited quantities.

Black Friday

An annual shopping event the day after Thanksgiving in the United States, known for significant sales and discounts by retailers.

Consumer Decision Process

The stages a consumer goes through before, during, and after purchasing a product, including problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior.

  • Understand the psychological effects of limited availability and promotional tactics on consumer behavior.
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Evelyn Pajares-MedinaNov 23, 2024
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