Riko Nurman
1EA41
19214398
How Economic Factors Affect Consumer BehaviorAre you losing customers and blame online sales?
When I
visit businesses with slow sales 1.I hear many excuses for why they have so few customers this
month. It seems 2. they are
willing to blame online sales, the local government policies, or even
the local council. Their comments only serve to highlight the fact they do not
understand that the current economic factors have more to do with the customers
behaviour than any of those other factors. 3. Money is not spent if 4. the customer is worried
about their future. The single biggest factor for consumer behaviour spending
patterns is how secure they feel their short-term future is regarding savings,
employment and home payments. The more insecure they feel about the economy,
the more 5.they will pay down
debt or keep money for the rainy days. This ‘happiness’ factor is
measured by the consumer confidence index which is reported daily showing how
secure the consumer believes the future is. When 6.the CCI goes over 100 points, customers will
spend. If the CCI goes under 100 the customers stop spending.
How the economy affects the consumer behaviour?
7.The consumer is
bombarded with messages of doom & gloom from the newspaper
and other news media telling them all about the problems in the world.
Currently 8.we have concerns
with ;
- Eurozone debt and several countries in recession
- Declining natural resources and climate warning
- Instability in several governments causing public
unrest & armed violence
- Over a 20% drop in Australian super and shares
- Loss of primary industries with large scale
unemployment happening almost weekly since start of 2012
9.Business owners
need to pay attention to these economical factors. Mortgage payments
are often the largest expense a customer has and will not risk losing their
home just to take a chance and buy your products. When there is uncertainty in
the mortgage rates, 10.sales
will decline in most sectors. The instability of employment in manufacturing,
11.financial services and
construction sectors will cause customers to focus on what would happen
if 12.they lost their
employment. So they start saving money for their possible unemployment
and spend it on career change prospects like training in new skills. Due to the
high costs of aged care and related retirement expenses many consumers are
looking ahead to their future by investing in superannuation and/or shares to
be financially secure. With 13.the
global recession and collapse of some international organisations thought to be
secure from the economy wobbles, 14.super funds have lost millions of consumers financial
net.
What the current economy means to your customers?
15.They are
unsure
if 16.they will be able to
keep the family home, pay for their retirement and even if 18.they will have a job in the next
six months. So 17.the
consumer goes into survival mode by saving money and stopping all
unnecessary spending. 19.As a
business owner or manager you need to pay attention to the local economic
factors as 20.they will
mean the difference between meeting your sales targets or not.
Sumber :
http://www.artikelberbahasainggris.com/ekonomi/how-economic-factors-affect-consumer-behavior.html
Analisis tenses :
1. I
hear many excuses : S + V1 + O = Present Tense
2. They are
willing to blame online sales : S + Tobe + V ing + O = Simple Present Continous
3.
Money is not spent : S + Tobe + O = Present Tense
4. The
customer is worried : S + Tobe + V2 = Past Tense
5. They will pay
down debt or keep money for the rainy days : S + Will + O = Present Future
6. The CCI goes
over 100 points : S + V1 + O = Present Tense
7. The
consumer is bombarded with messages of doom & gloom from the newspaper
: S + Tobe + V2 + O = Simple Past Tense
8. We have concerns with : S + V1 + O =
Present Tense
9. Business owners need to pay attention to these
economical factors : S + V1 + O = Simple Present
Tense
10. Sales will decline in most
sectors : S + Will +V1 + O = Simple Future
11. Financial services and
construction sectors will cause customers to focus on what would happen :
S + Will + V1 + O = Simple Future
12. They lost their employment : S
+ V2 + O = Simple Present
13. The global recession and
collapse of some international organisations thought to be secure from the economy wobbles : S + V2 + O/ Complement = Simple Past Tense
14. Super funds have lost millions
of consumers financial net : S + Tobe + V3 + O = Past Perfect
15. They are unsure : S + Tobe + O =
Simple Present
16. They will be able to keep the
family home : S + Will + V1 + O = Future Tense
17.
The consumer goes into survival mode by saving money : S + V1 + O = Present
Tense
18.
They will have a job in the next six months : S + Will + V1 + O = Simple Pesent
Future
19. As a business owner or manager
you need to pay attention to the local economic factors : S + V1 + O = Simple Present Tense
20.
They will mean the difference between meeting your sales targets or not : S + Will + V1 + O = Simple Future.
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