
Customer Behavior Analysis
Customer Behavior Analysis is the study of how consumers make decisions about purchasing products or services. It examines factors like preferences, motivations, purchasing habits, and responses to marketing strategies. By analyzing this behavior, businesses can better understand their customers' needs and desires, allowing them to tailor their offerings and improve customer satisfaction. This process often involves collecting data through surveys, tracking online activities, and observing buying trends, ultimately helping companies enhance their marketing efforts, increase sales, and foster loyalty among customers.