Impulsive Business

[Starmix]

What is your understanding of impulsiveness in business?. Impulsive buying is the tendency of a customer to buy goods and services without planning in advance. There are customers who are doing this to buy an instant buying and it will be good for the business center because that customer buys bulk items. When a customer makes such buying decisions at the spur of the moment, it is usually triggered by emotions and feelings. The customer might be in a hurry or he might be out of town and feels afraid of the prices so better buy in advance which would bring good sales to the business center.

 

[eldavis]

This can be looked at from different angles. Looking at impulsiveness from the side of the business owner, this could also mean a business owner starting a particular business, or making a particular decision without careful planning, this is why we have so many people who would start a particular business and won't even last up to a month before doing something else.

 

[Starmix]

Those who always do an impulsive buying means happiness to the business center. the customers doing this will buy in bulk so money is at stake in the business center. It is happiness for the business owners.

 

[Kera]

People that are impulsive entrepreneurs always start multiple businesses just because one person is succeeding in that business. They can't stay consistent in one business.

 

[Starmix]

A business owner will be lucky if having an impulsive buyers. It means good sales and profit.

 

[Shavkat]

This kind of customer is needed to be targeted by the sellers. It would be great if they are like this.

 

[Starmix]

These customers are usually found in big commercial enterprises. They are buying in bulk because they are also managing their retail business in their localities especially rural areas.