Consumer

A consumer is a person or organization that uses economic services or commodities.

In economic systems consumers are utilities expressed in the decision to trade or not.

Economics and marketing

The consumer is the one who pays to consume goods and services produced. As such, consumers play a vital role in the economic system of a nation. Without consumer demand, producers would lack one of the key motivations to produce: to sell to consumers. The consumer also forms part of the chain of distribution.

Recently in marketing instead of marketers generating broad demographic profiles and Fisio-graphic profiles of market segments, marketers have started to engage in personalized marketing, permission marketing, and mass customization.

Law and politics

The law primarily uses the notion of the consumer in relation to consumer protection laws, and the definition of consumer is often restricted to living persons (i.e. not corporations or businesses) and excludes commercial users. A typical legal rationale for protecting the consumer is based on the notion of policing market failures and inefficiencies, such as inequalities of bargaining power between a consumer and a business. As of all potential voters are also consumers, consumer protection takes on a clear political significance.

Latest News for: Expert consumers

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UK to open its first safe drug consumption room amid soaring deaths

The Guardian 22 Dec 2024
The UK’s first official facility for consuming illegal drugs opens in Glasgow within a month, a ......
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Amazon, Starbucks workers strike in several cities

Lima Ohio 22 Dec 2024
Strikes during busy periods like the holidays can help unions exercise leverage during negotiations or garner support from sympathetic consumers. One expert says he thinks workers at both companies are “desperate” to make progress before President-elect Donald Trump can appoint a Republican majority to the National Labor Relations Board....
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What tariffs mean for car prices: ‘There's no such thing as a 100% American vehicle,' auto expert says

NBC Bay Area 21 Dec 2024
Carmakers and sellers may have to bear some of the added costs instead of fully passing it onto consumers, experts say ... President-elect Donald Trump has been vocal about potentially raising tariffs on imported goods, which experts say could bump up car prices ... ‘Sometimes less celebration means more joy,' happiness expert says....
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Biden administration warns natural gas expansion would drive up domestic costs

Grist 21 Dec 2024
In January, Joe Biden paused the Department of Energy’s approvals of fossil gas exports to big consumers in Asia and Europe in order to conduct the review, in a move welcomed by climate scientists, environmental justice advocates, and public health experts but decried by the oil and gas industry....
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I'm a dog expert and these are the seven festive foods you should never feed ...

The Daily Mail 21 Dec 2024
However, pet food experts at tails.com, based in the UK, are reminding dog owners to tread carefully when it comes to sharing Christmas treats with their pets ... Pet food experts at tails.com, based in the UK, are reminding dog owners to tread carefully when it comes to sharing Christmas treats with their pets (stock image) ... Experts at tails.com added....
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Amazon and Starbucks workers are on strike. Trump might have something to do with it

Beaumont Enterprise 21 Dec 2024
Strikes during busy periods like the holidays can help unions exercise leverage during negotiations or garner support from sympathetic consumers....
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Christmas chocolates soar in price amid cocoa shortage

The Daily Telegraph 21 Dec 2024
Industry experts said the surge had been fuelled by a fivefold increase in cocoa prices following poor harvests in west Africa last year ... Chocolate experts told The Telegraph that the surge in cocoa prices was leading companies to pass on costs to consumers ... on to the consumer.”....
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Avian flu virus has been found in raw milk

Alternet 21 Dec 2024
I also like to help people understand the confusing world of pasteurization methods on their milk labels, and why experts strongly discourage consuming raw milk and products made from it ... Health experts are warning against consuming raw milk during the H5N1 avian flu outbreak....
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Tired of tipping? Holidays may be the exception

The Seattle Times 21 Dec 2024
Consumers have said they are confused and frustrated with tipping expectations generally. But, one expert says, “people generally want to feel more generous around the holidays.” ... ....
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Want to boost your protein intake? Try adding more ground turkey to your diet

Usatoday 21 Dec 2024
But diet experts are increasingly pushing for consuming higher amounts of protein ... Nutrition experts say all of the above can lend a helpful hand in reaching protein goals — among other health benefits ... While the latter point isn't directly a nutritional benefit, experts say ......
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Bring us some (air fried) figgy pudding! How new tech is being favoured over the ...

The Daily Mail 21 Dec 2024
Air fryers are being favoured over the traditional oven by many to cook Christmas dinner. A survey of 1,071 people by cookware brand Ninja UK found two-thirds planned on using their air fryer for the big day ... Sue Hayward, personal finance and consumer expert, said ... ....
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Senate confirms 235th Biden judge, surpassing Trump’s record

The Hill 21 Dec 2024
“This Majority has now confirmed more judges under President Biden than any majority has confirmed in decades ... He said the Biden nominees placed on the bench include former consumer protection lawyers, labor lawyers, voting rights experts, civil rights lawyers, federal prosecutors, public defenders and teachers ... Most were male, most were white ... .......
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AP News Summary at 7:05 p.m. EST

The Call 21 Dec 2024
Strikes during busy periods like the holidays can help unions exercise leverage during negotiations or garner support from sympathetic consumers. One expert says he thinks workers at both companies are “desperate” to make progress before President-elect Donald Trump can appoint a Republican majority to the National Labor Relations Board....

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