02 October, 2014

Choices and Economics.

Most consumers that spend money make a choice 1 brand over the other brand,and for the most part they stick with their brand for most of their life.the basic concept is more people enjoy your brand you make profit after paying bills and workers.If your brand is not so good
less people choose to eat at your business and you get less money for personal usage.So when it comes to choice the consumers are really the ones in control.Brands can try to persuade the consumers but in the end they choose what brand they will purchase from.Think of it like this,They’re 2 pizza shops.One gives a large of one pizza for 10 dollars and the other shop gives pretty small pizzas but for 3 dollars.Now the choice is in the consumers hand do they want more pizza but give more cash or give less cash but for smaller pizza.What would you choose?

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