wondershare edraw mindmaster logo EdrawMind

Internal and external factors that affect consumer spending

MindMap Gallery Internal and external factors that affect consumer spending

Internal and external factors that affect consumer spending

This article will analyze the internal and external factors that affect consumer spending. Internal factors include personal preferences, values, and economic conditions of consumers. External factors include social environment, market competition, and policy regulations. These factors work together to influence consumers' consumption decisions and behaviors. Through examples and data, this article will delve into the impact of these factors on consumer spending and propose corresponding marketing strategy suggestions.

Edited at 2023-11-05 09:34:57
  • Recommended to you
  • Outline