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Consumer awareness is being aware of the product and company you are buying or buying from. It is doing your research before you buy a particular product or service.

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10y ago

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Importance of consumer awareness?

Consumer awareness is making the consumer aware of His/Her rights.It is in a consumer's best interest to have a high awareness of the products he/she buys. Higher awareness can lead to saving money and/or improving the quality of the goods purchased.If we look at the opposite scenario, a poorly-informed consumer will spend more money on products that provide less utility to the consumer, and there can be a loss, either private or social.


What is customer awareness?

According to the Longman Business English Dictionary, consumer awareness is a term used to describe the awareness of a potential or current buyer about a particular product or company. Consumer awareness can be as simple as a shopper remembering a television commercial or as specific as a customer delving into the manufacturing origins of a specific product. further reading: http://www.ehow.com/about_5518342_importance-consumer-awareness.html


What is the impact of advertisements on consumer?

The impact of advertisements: Product Awareness.


Why is marketing the most important function in a company?

Probably because it raises awareness off what that company is offering to the consumer


What are Merits and demerits of consumer awareness?

The merits of consumer awareness include being able to know counterfeit products, identifying the correct standard for products and avoiding overpaying for items. The demerits involve many legal issues with sellers and spending too much time going through the standards.

Related Questions

What is exact definition of consumer awareness?

consumer awareness is the knowlege that a consumer should have about his/her legal rights and duties.It is must for a consumer to follow these rights.It is implemented fr the protection of the consumer,so that the consumer is not exploited by the seller of the products.


Article on consumer awareness?

what is consumer awareness in mobile


Pls give me the pictures on consumer awareness?

consumer awareness diagram


What is consumer awareness and its needs?

Consumer awareness is the knowlege that a consumer should have about his/her legal rights and duties.It is must for a consumer to follow these rights.It is implemented fr the protection of the consumer,so that the consumer is not exploited by the seller of the products.


Importance of consumer awareness?

Consumer awareness is making the consumer aware of His/Her rights.It is in a consumer's best interest to have a high awareness of the products he/she buys. Higher awareness can lead to saving money and/or improving the quality of the goods purchased.If we look at the opposite scenario, a poorly-informed consumer will spend more money on products that provide less utility to the consumer, and there can be a loss, either private or social.


Who founded the Consumer Awareness Institute?

Dr. Jon Tyler was the person who founded the Consumer Awareness Institute. IT was set up in late 1970's. Its purpose is to research on consumer's issues.


What is Bibliography for consumer awareness?

A bibliography for consumer awareness would be a list of sources consulted when researching topics related to consumer rights, protection, and education. This could include books, academic articles, reports, websites, and other relevant materials that provide information on consumer issues and awareness campaigns.


What is an analysis of data in consumer awareness?

Companies can use this to see how much consumers know about them. It is important to have high consumer awareness in order to sell products.


What is changing consumer awawerness amongst household?

What is changing consumer awareness amongst household


Global awareness competency definition?

answer? answer?


What are the Measures to increase consumer awareness?

sorry i donno


Poster on consumer awareness?

just browse the web