Demand
- Created by: Eleanor
- Created on: 17-04-13 11:56
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- Affecting Demand
- Income
- Higher income means higher disposable income and therefore more sales should occur
- Taste and Fashion
- Changes in fashion will affect the demand of certain clothes
- Price of other goods
- Competitors prices.Whether they can get it cheaper
- Marketing
- Endorsements, Sponsorship and promotions
- Season
- Depending on the season or weather there could be a no demand or little demand for a product.
- Government Interention
- They may influence the demand through legislation eg. smoking ban lowerd the demand in pubs.
- Income
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