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Why had Marketing 2.0 seen a transition in customer behavior?
- In the 1990s, the Indian market started flooding with indigenous goods, which had also attracted the attention of local consumers.
- The adverse economy of that time had sparked a sense of monitorial awareness among people.
- The newly introduced concept of globalization had triggered curiosity among people to try different things.
- The era of the internet has shortened the world, thus allowing consumers to have many alternative options.
- None of these
Correct answer: The era of the internet has shortened the world, thus allowing consumers to have many alternative options.
Solution
Marketing 2.0 is associated with a more connected and informed consumer base. The internet reduced barriers, widened access to alternatives, and changed buying behavior.
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