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Price and demand research





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PBS Solutions Price and demand research

Price and demand research


Badania ceny i popytuThe essence of marketing lies in balancing a complicated system of interactions and relationships of various factors. One of them is the price and, as studies show, often despite the declarations of buyers, the most important. That is why effective marketing at both  tactical and strategic level, without a deep understanding of the price mechanism is impossible.

 

Demand is generated by needs. People need a few basic things to survive, such as food, clothing, shelter, safety, belonging and recognition. Man is first and foremost a social being and the mechanism of interaction with others makes him develop a desire to fulfil specific primary needs. When you need food, you reach for either a roll with butter or a caviar. When you need clothes, you buy either a cheap shirt at a supermarket sale, or a sweater from the latest collection of Versace. Next is the demand. The demand for certain products and services is supported by the ability and willingness to purchase.



 
 

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