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Consumer is a broad label for any individuals or households that use goods and services generated within the economy. While the term customer usually used to refer to a current or potential buyer or user of the products of an individual or organization

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14y ago

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In developing marketing programs and strategies should company develop based on age of consumers or generation type of consumers?

Definitely, you don't talk in the same way and don't target the same communication channel for 2 different customers. It all depend if there is a big difference between the target customers or not but it is logical to adapt its way to communicate.


What is the difference between customers and stakeholder?

Stakeholders bear risks of the organisation whereas customers do not bear risks.


What is the term for the struggle between companies for customers?

The term for the struggle between companies for customers is "market competition." This competition drives businesses to innovate, improve their products or services, and implement effective marketing strategies to attract and retain customers. It ultimately benefits consumers by providing them with better choices and prices.


What are the ethical implications of target marketing in terms of reaching specific groups of consumers?

It helps you to make the consumers customers and public understand clearly customers. about your products and company


What is the difference between sales and marketing?

In my opinion, marketing is the art of expanding business, the art of spreading goods and services, following a strategy and action plan based on an advertising base. Sales is following the direct sales operation between customers (consumers) and the merchant (seller) in the magazine, bazzar, or in a mall. Depending on how your organization uses the words, there may be no difference or a big difference. Where there is a big difference, sales is often thought of as tactics while marketing is strategy.

Related Questions

What is the difference between outsourcing and globalization?

Out sourcing is a media between consumers, customers and production unit. Globalization is liberalizing marketing/trade between number of countries.


What is the difference between producersconsmers?

Im guessing you mean the difference between producers and consumers. Producers make a product or give a service, and consumers purchase, a service or product.


In developing marketing programs and strategies should company develop based on age of consumers or generation type of consumers?

Definitely, you don't talk in the same way and don't target the same communication channel for 2 different customers. It all depend if there is a big difference between the target customers or not but it is logical to adapt its way to communicate.


What is the difference between an internal and external?

It's supposedly to do with customers.


What is the difference between customers and stakeholder?

Stakeholders bear risks of the organisation whereas customers do not bear risks.


Consumers are called?

Customers


What are the conflicts between Customers and Employees?

Employees want high wages, whereas consumers want low prices.


What is the difference between factoring and discounting invoice?

The difference between factoring and invoice discounting is how public the third party makes themselves to a companies customers. With factoring customers are likely to notice the third party, and invoice discounting will leave most customers unaware of a third party.


What is the difference between producer and consumer demand?

Producers make their on food and consumers eats


What is the difference between primary secondary and tertiary consumers?

Some consumers are called "primary consumers" and others are called "secondary consumers" because the primary consumer is the first consumer and a secondary is the second consumer.


Explain difference between total and marginal utility. Define UTILITY. How do consumers maximize UTILITY?

explain the difference between total utility and marginal utility


Are all customers consumers and are all consumers customers?

Not all customers are consumers, and not all consumers are customers. A customer is someone who purchases goods or services, while a consumer is someone who uses or benefits from those goods or services. For example, a parent buying a toy for a child is the customer, while the child is the consumer. Conversely, consumers may use products without directly purchasing them, such as when someone borrows a book from a library.