Sample Essay on:
Consumers Buying and Decision Making Processes in the Fashion Industry

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Essay / Research Paper Abstract

This 14 page paper looks at the way purchase decision are made by consumers when purchasing fashion. The paper simulates findings of a research survey to define consumer segments, compares these to the segments identified i theory and then consider the purchase process that takes lace. The bibliography cites 15 sources.

Page Count:

14 pages (~225 words per page)

File: TS14_TEfashionbuy.rtf

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Unformatted sample text from the term paper:

industry have to keep pace with the changes and understand what drives their customers to make purchases. In order to undertake this research should be undertaken. The following are realistic simulated results that look at the profile of purchasers, similarities with the profiles and the findings of existing consumer theory and the development of a decision making model. 2. Purchaser Profiles When undertaking research it is essential that as well as opinions, there is the gathering of data to allow for the profiling of the consumers. This has to be dealt with in terms of gathering details about the consumers themselves. This can be a simple process, asking for details that will details such as age, gender, material and family status, type of employment, income and other demographic details and to ask questions that will assess psychological values. It is also important that those answering the questions are representative of the market that the firm wants to understand. If the population is not representative then the results will not be representative. Before looking at the results the sampling method should be considered. The first aspect is whether probability or non-probability sampling should be used. Probability sampling is a more random sampling style; the basis of this is that the selection of each respondent is a matter of chance and that all respondents will have an equal chance of being chosen, in many cases this can be a known probably of the respondent being selected. There are a number of sampling techniques that fall into this category, including simple random sampling, systematic sampling, stratified and cluster sampling (Malhotra, 1999). Random sampling is best defined as sampling methods were any member of the population will not have a zero chance of selection where ...

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