Imagine you are a marketing manager for an exercise equipment company. You want to attract elderly people to buy your walking treadmill machine that cost USD10,000. 1) Explain the 2 classification of reference groups that have a major impact on your target customer’s decision to buy your expensive machine

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter7: Consumer Buying Behavior
Section: Chapter Questions
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Imagine you are a marketing manager for an exercise equipment company. You want to attract elderly people to buy your walking treadmill machine that cost USD10,000.

1) Explain the 2 classification of reference groups that have a major impact on your target customer’s decision to buy your expensive machine 

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ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing