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Business: Markets

The character of behavioral marketing helps in boosting business

As more and more products and services in the same category flood the market, the advertisers are forced to discover ways and means to attract the potential consumer. Behavioral marketing is a potent tool that can help the advertisers and marketers study the behavior of consumers through their online behavior. The behavioral pattern helps the marketer judge the movement of a user on the internet and then the advertising or communication message can be redrafted to attract only the user who is actually interested in the product or service on offer. The character of behavioral marketing is not concerned with changing an individual"s point of view but rather it reinforces it with the right message.

Understanding the character of behavioral marketing in targeting the internet usage pattern of an individual is coupled with concerns of privacy. As a matter of fact, there is a bit of disagreement over the legality of various focus groups since there is oblique influence. As for online behavior, there is the concern of individuals having variant Jekyll & Hyde personalities online. The character of behavioral marketing needs to be modified as many individuals who are being tracked online will use a separate personality online. The changing personality will spoil any collected information from cookies as its actually marketing based on streams of search, which is not really consumer conduct, but a search.

The character of behavioral marketing also faces some circumstances of behavioral marketing where some complications could be experienced. The
IP address detection may actually originate from a residential source or an entity but the true and intent context will be absent. Moreover, the character of behavioral marketing cannot be adapted for every advertiser. Add to it the problem of anti-spyware software, anti-spyware legislation with IP and identity masking and alternate identity protection applications that occur. Keeping all these considerations in mind the character of behavioral marketing is perhaps better suited to deal with a macro-search rather than a micro-search for consumer behavior tracking. The character of behavioral marketing can be applied to a number of dimensions in targeting the potential consumer.

Its systematic monitoring and tracking of behaviors of individuals can even be stretched out to communication planning and business operations. If behavioral marketing is applied to four phases of the purchasing process for consumers which are information search, need recognition, purchase decision and evaluation or comparison one can visibly see a fit of strategy for every phase. Marketers must plainly define purposes for using behavioral marketing prior to taking on the various risks associated with the process. At the core of the character of behavioral marketing is an investigation that"s learning based on forms of consumer conduct. This helps the marketers comprehend purchase patterns of consumers over time, scheduling a client"s activities directed not only to one purchase, but also directed at an annual or a lifetime basis. At the end of the day, when every marketer is aiming for the limited eyeballs of the consumer, behavioral marketing can help to reduce the wastage of resources by ensuring that effective communication is targeted only at the relevant consumer.

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