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These customers tend to spend a lot of time checking out products and prices through online sites, visiting different stores, and comparing retailer ads.

A. Innovation/trend buyers
B. Impulse buyers
C. Recreational shoppers
D. Comparison shoppers

User ChipJust
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1 Answer

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Final answer:

The individuals described are D. comparison shoppers, who meticulously research products and prices across various platforms before purchasing, in contrast to impulse or innovation/trend buyers.

Step-by-step explanation:

The description given in the question points to the behavior of comparison shoppers. These individuals take their time to conduct thorough research before making a purchase. They compare product features, prices, and reviews among different online sites, visit multiple stores, and consider retailer ads before deciding on the best option. The goal of comparison shopping is to find the best deal or the product that best meets their needs and expectations. This approach contrasts with other shopping behaviors, such as impulse buying, which is characterized by spontaneous and often unreflective purchases, or innovation/trend buying, where the desire to be the first to own new products drives purchases.

Understanding consumer behavior, like that of comparison shoppers, is essential in the context of business and economic analysis. It reflects the ways in which information and belief about the satisfaction that goods and services will provide influence the purchasing decisions of consumers.

User Mozahler
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