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Imagine life without your local market what difficulates would a consumer face if there is no retail shop?
Wiki User
∙ 13y ago
in my opinion life is very bad without local market because approx 94% of humans in this world are employees means they work on salary basis means they have a monthly budget they cant go out from his salary so if there is no retail market there will be whole sale shops .
and the first difficulty is :
1 : wholesalers are not in every area while retail shops are everywhere
2 : you cant buy a single thing from wholesalers you have to buy at least 12 or more
3 : that's why your monthly budget is completely disturb
4 :its not sharer the wholesaler have all varieties of all products while a retail shop have almost all varieties in different prices and this is very good thing for every class consumer .
5 :a costumer can take a product on credit if the shopkeeper knows him while a wholesaler may also gave but only in large quantity if he knows you .
so, life is almost finished for those who are jobless because of all above reasons now a days we cant cant cant survive without a local market
Wiki User
∙ 13y ago
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because the market economy is driven by demand and consumer is the one who demands
What motivates the Market economy?
the purchase of a consumer (CONSUMER) (: welcomeee
What term describes that the consumer decides what goods are available in the market?
consumer soverneighty
Free market economic system?
consumer
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Which market or markets are consumer goods and services bought into?
Goods or services bought by a consumer are bought in the consumer market. The consumer market includes fast moving consumer goods, consumer durables, soft goods and services.
What is a consumer market?
The consumer market is a non-business group of people that purchase goods and services.
What is the difference between a business market and a consumer market?
Consider a product that has both a consumer and business market. For example -- personal computers. Can a firm market its products to both the business and consumer markets with one strategy?
What is the difference between consumer market and the business market?
Consider a product that has both a consumer and business market. For example -- personal computers. Can a firm market its products to both the business and consumer markets with one strategy?
Why is the consumer king in a market economy?
because the market economy is driven by demand and consumer is the one who demands
What is business market and consumer market?
A business market is where people or businesses are selling to other businesses.A consumer market is where you are selling goods to people for their own personal use
What motivates the Market economy?
the purchase of a consumer (CONSUMER) (: welcomeee
What is consumer reality?
Consumer Rality is to determine the consumer's need by analyzing the market-consumer-brand relationship.
Consumer market research serves what purpose?
The purpose of consumer market research is to determine how consumers view a product or brand. With the results of consumer market research, a company can make better business decisions.
How will a small company supplying clothes to a supermarket will need to carry out market research?
It will need to better examine the consumer market first to even forecast a demand. This will include comparing your product to others and using white papers to use as case studies. Without a consumer forecast it will be hard to market to the distribution channels.
How an understand of consumer behavior is useful to you in terms of market segmentation strategy?
When you understand consumer behavior you can better come up with strategies that cater to that particular markets needs. Without knowing the behavior you cannot utilize a strategy for your market segment that will be effective in marketing communications.
How business market differ from consumer market?
Business market differ from consumer market in terms of how decisions are made, and the size of purchases. Existence of experienced purchasers and number of buyers are the other differences of the two market types.
