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Thus, differentiation is the process of distinguishing the differences of a product or offering from others, to make it more attractive to a particular target market. [3] Although research in a niche market may result in changing a product in order to improve differentiation, the changes themselves are not differentiation. Marketing or product ...
Social physics or sociophysics is a field of science which uses mathematical tools inspired by physics to understand the behavior of human crowds. In a modern commercial use, it can also refer to the analysis of social phenomena with big data. Social physics is closely related to econophysics, which uses physics methods to describe economics. [1]
"The product becomes a commodity" and "exchange value of the commodity acquires a separate existence alongside the commodity" [15] Even so, in simple commodity production, not all inputs and outputs of the production process are necessarily commodities or priced goods, and it is compatible with a variety of different relations of production ...
Commodification is the process of transforming inalienable, free, or gifted things (objects, services, ideas, nature, personal information, people or animals) into commodities, or objects for sale.
Consumer behaviour is the study of individuals, groups, or organisations and all activities associated with the purchase, use and disposal of goods and services.It encompasses how the consumer's emotions, attitudes, and preferences affect buying behaviour.
In sociology, field theory examines how individuals construct social fields, and how they are affected by such fields.Social fields are environments in which competition between individuals and between groups takes place, such as markets, academic disciplines, musical genres, etc. [1]
The sociology of consumption is a field within sociology specifically about the social, economic, and cultural dimensions of consumer behavior. It studies how and why individuals and groups acquire and use goods and services in a given society, as well as the cultural meanings and social norms associated with these practices.
The field of social dynamics brings together ideas from economics, sociology, social psychology, and other disciplines, and is a sub-field of complex adaptive systems or complexity science. The fundamental assumption of the field is that individuals are influenced by one another's behavior.