To what extent does price influence potential buyers? What other factors influence people to buy a product

In today’s globalized era, when buying a
product
or any goods, there are numerous factors that influence the customers. Many believe that
price
is the only determinant while opponents argue that
such
instruments as
quality
and
brand
name
also
holds significant importance. In
this
essay, we will discuss the extent to which
price
is a deciding factor and look at factors,
besides
price
, that influences the purchase. To start with, on economic grounds, the satisfaction levels are directly proportionate to the cost of the
product
.
Although
people's decisions will still be influenced by the
quality
and quantity of a
product
,
price
remains to be a crucial factor that helps one make a decision. Clearly, even if the
quality
looks impeccable, one will only buy a
product
if it seems to be value for money. An example for
this
is the purchase of clothes from
such
brands as Hugo Boss and Guess. Despite the fact that products are of high
quality
, a customer is only going to buy if the
product
seems to be a match for the asking
price
. In short, the purchasing decisions of buyers are heavily
price
Suggestion
priced
-driven.
Besides
this
,
quality
and
brand
value are some of the other important factors that impact the choice of any purchase. If someone's personal preference is to buy a
quality
product
or a
luxurious
Suggestion
luxury
brand
, they would not ponder over purchasing an expensive
product
.
For instance
, branded grocery items are usually more expensive than the home
brand
products, but many choose to pay a higher
price
for the
quality
and
brand
. In short, the aforementioned factors shape the shopping habits of people. To conclude, there are many bases on which customers make their choice. As discussed,
price
is a major factor, yet it is undeniable that many customers tend to make their decision based on factors like
quality
and company reputation.

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    • Sentence 1 - Background statement
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    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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