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\nThreats and Opportunities Created by Consumer Behavioral Changes\n

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\nThe video discusses the threats and opportunities that arise when there are changes in consumer behavior. It explains how consumer behavioral changes can impact the performance levels of businesses and create momentum in changes and...\nThe video discusses the threats and opportunities that arise when there are changes in consumer behavior. It explains how consumer behavioral changes can impact the performance levels of businesses and create momentum in changes and trends. The video also talks about the rise of convenience as one of the main behavioral changes that businesses have had to react to in recent years, leading to e-commerce platforms and online/mobile shopping. It also highlights the importance of big data in predicting and monitoring consumer behavior and the need for businesses to innovate to meet these changes while being careful not to become too reliant on convenience. The video concludes with a discussion of how businesses can benefit from changes in consumer behavior, but also need to be aware of the possible threats that could arise from such changes.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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11:58
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Grade
Higher Ed
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Subjects
Social Studies & History
3 more...
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Media Type
Instructional Videos
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Source:
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\nKnowMo Business\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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Concepts

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business, products, industry, data, time
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Additional Tags

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a-level, section, threats, and, opportunities, 1.6.2, consumer, behaviour, lecture video, significant implications, brand loyalty, tv programs, online shopping, manage lots, lead time, consumer behavioral, important, programs, change, online, platform, people, lots, trends, industries, creates, innovations, potentially, means, future, effectively, changing
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Threats and Opportunities Created by Consumer Behavioral Changes\" href=\"/subscription/new\">\"Threats\n\n
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