Does an economic slowdown change consumer spending? If so how?

Does an economic slowdown change consumer spending? If so
how?

Question Posted / dan

2 Answers
5077 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

Does an economic slowdown change consumer spending? If so how?..

Answer / neha

Due to the economic the slowdown many people where taken
out ofjobs. the salaries of the people where reduced. by
this the purchasing power of people reduced and the
spendings came down.

Is This Answer Correct ?

12 Yes

1 No

Does an economic slowdown change consumer spending? If so how?..

Answer / kiran

The sale of all commodities dont come down. The sale of daily essentials will either remain same or may come down slightly.
This mostly applies to luxury products.

Is This Answer Correct ?

0 Yes

0 No

Post New Answer

More Marketing Sales Interview Questions

hai this is raghu i'm working in 4wheeler automobile company as a sales consultant ,can anyone tell me how to handle the custamer at first visit & how to close the deal ? plz tell me anyone how to overcome this problems ? my mail id is " raghu.thinksnew@gmail.com" send any suggestions to this mail id

0 Answers

I am an BBA student, can you please tell me what all major tasks is included in market planning of a company? for example take example of NIRMA.

2 Answers Idea, Maersk,

How you convience the customer?

3 Answers Kotak,

How do you deal with a customer in a stressful situation?

0 Answers

In which situations would you use an "intensive growth" strategy?

0 Answers REL,

What are the steps involved in a generic sales cycle?

0 Answers

what is marketing and sales?