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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American college students immerse in Peking Opera experience

China Daily 21 May 2024
1 2 3 Next   >>. ... Experts slam 'overcapacity' talk. Consumer electronics sales looking up ... ....
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Riddy Unleashes the Next Evolution in DIY Pest Control - Riddy Pest Pro and Riddy ...

ACCESSWIRE 21 May 2024
The support of Riddy's experts, who are readily available to guide customers through any pest control challenge ... The most effective plant-based pest control solution on the market, appealing to eco-conscious consumers. Access to green pest control experts, aiding customers in their quest for a safer, pest-free home environment....
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Large showcase of Egyptian civilization to debut at Shanghai Museum

China Daily 21 May 2024
Shanghai Museum announced on May 20 its upcoming exhibition On Top of the Pyramid ... 1/6 Next ... Experts slam 'overcapacity' talk. Consumer electronics sales looking up ... ....
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Xintiandi, Ullens Center launch young artist incubation program

China Daily 21 May 2024
1 2 3 4 5 6 7 Next   >>.. 1/7 Next. Photo. De Beers Group CEO ... Experts slam 'overcapacity' talk. Consumer electronics sales looking up ... ....
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De Beers Group CEO: China is resilient, just like diamond

China Daily 21 May 2024
"TodayChina is the second most important market in the world (only after the United States) ... Photo. De Beers Group CEO ... Experts slam 'overcapacity' talk. Consumer electronics sales looking up ... ....
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Manufacturers step up production to meet orders

China Daily 21 May 2024
Manufacturers in Jiangxi and Guangdong provinces step up production to meet growing orders from home and aboard ... 1/8 Next. Photo ... Experts slam 'overcapacity' talk. Consumer electronics sales looking up ... Exec ... ....
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US students moved by Beijing's fusion of ancient, modern

China Daily 21 May 2024
Kamir Walton, a software engineering student at the university, said the "sheer size" of Forbidden City was mind-boggling ... As the first session of Discover China, the program includes expert lectures covering various fields such as the Chinese economy and Sino-US relations ... Photo ... Experts slam 'overcapacity' talk. Consumer electronics sales looking up....
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Chongqing honors Xu Beihong with real-life tribute to iconic painting

China Daily 21 May 2024
This artwork encapsulated Xu's deep empathy for those facing adversity, showcasing their unwavering courage and optimism in confronting life's trials ... 1/7 Next. Photo ... Experts slam 'overcapacity' talk. Consumer electronics sales looking up ... Exec ... ....
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Chinese auto industry insider urges temporary tariff rate hikes on imported cars with large engines ...

ECNS 21 May 2024
"We suggest that based on the actual situation of China's auto consumption and WTO rules, China should promote green and low-carbon car consumption through short-term and long-term measures," the expert said ... "It is fundamentally different from protectionist measures taken by certain countries and regions," the expert said....
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Chinese auto industry insider urges temporary tariff rate hikes on imported cars with large engines to meet 'dual carbon' goals

China Daily 21 May 2024
"We suggest that based on the actual situation of China's auto consumption and WTO rules, China should promote green and low-carbon car consumption through short-term and long-term measures," the expert said ... "It is fundamentally different from protectionist measures taken by certain countries and regions," the expert said....
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In France, Chinese expats stay connected to their roots

China Daily 21 May 2024
Zhu Xiaolin, president of the Association of Henan Compatriots in France, highlighted the positive impact of the healthy and stable development of China-France relations on people-to-people exchanges ... 1 2 3 Next   >>. ... Experts slam 'overcapacity' talk. Consumer electronics sales looking up ... ....
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Giant panda family adjusting well to life in Sichuan

China Daily 21 May 2024
The center responded in its announcement to online allegations of "concealment and mistreatment" of the three giant pandas, stating that these claims are completely false ... Their cub, Xiao Qiji, was born in the US in August 2020 ... 1/3 Next. Photo ... Experts slam 'overcapacity' talk. Consumer electronics sales looking up ... ....
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Coffee culture on the rise in Xizang

China Daily 21 May 2024
In recent years, locals in the Xizang autonomous region have begun changing their morning routine from visiting a teahouse for sweet tea or butter tea to grabbing a cup of coffee ... She attributes the difference to how accessible imported coffee has been in the region ... Photo ... Experts slam 'overcapacity' talk. Consumer electronics sales looking up ... ....

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