#FIB-RW-23000275Reading & Writing: Fill in the BlanksCore & AcademicMedium

Consumer Behavior

Official Question Material
Prep: Varies

A common way for marketers to think about consumer behavior today is as a set of activities a person goes through in order to solve [blank] . This problem-solving process is [blank] when a consumer identifies some unmet need. For instance, a family consumes all of the milk in the house, or a birthday party is coming up and a gift is needed, or a soccer team is planning an end-of-season picnic. Each buying scenario [blank] a problem the buyer must solve. These problems can involve two types of needs: physical (such as a need for milk, a birthday gift, or picnic food) or [blank] (for example, the need to feel secure, the need to be loved, or the need to have fun).

Sample Answer & Audio Transcript

A common way for marketers to think about consumer behavior today is as a set of activities a person goes through in order to solve problems . This problem-solving process is triggered when a consumer identifies some unmet need. For instance, a family consumes all of the milk in the house, or a birthday party is coming up and a gift is needed, or a soccer team is planning an end-of-season picnic. Each buying scenario presents a problem the buyer must solve. These problems can involve two types of needs: physical (such as a need for milk, a birthday gift, or picnic food) or psychological (for example, the need to feel secure, the need to be loved, or the need to have fun).
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