There are some products that would still have a very high demand despite the fact that it's price still goes up? What could be the reason for such high demand even with glaring rising prices? Have you ever experienced such as a seller or consumer?
What would cause people to keep buying more of a product despite it's price keep going up?
- Thread starter King Belieal
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People will continue to buy goods even if the price keeps increasing, because the goods are their primary needs, there are also people who continue to buy goods even if the price keeps increasing because they are addicted to things like coffee, alcohol, cigarettes, etc.
Buyers will go on purchasing as long as the satisfaction they derive from consuming is greater than the price they pay .
eLdavis
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In a situations like this, people we keep on buying the product if it is something they are in need of.
The love they have for the products. Especially if the products gives them the value they need
For instance, most people would like to buy products that prices go up because they are very necessary and somehow basic for sure.
People will continue to purchase essential items , healthcare products, even if their price increases. The price of a supplement I use has doubled in the last few years, still I purchase it.
People will continue to buy the products which meet with their basic needs even the price of these products goes up.
