A consumer can be a person or a business who buys or uses the goods and services from other businesses. Their demand can make a huge impact on a country’s economy.

Why consumer is important?

Every company or individual make their product or services so they can sell them for some profit and consumers are the one who buys all these products and services.

Who is a consumer?

By Krishan Yadav|Updated : June 27th, 2022

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Consumers are people or businesses who buy or use the goods or services provided by others. Customers are the buyers within the economy that purchase goods and services, and they can exist as customers or alone as customers. They can use these goods or services for themselves or they can resale them completely be depending on them.

Find out more details about who a consumer is below.

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Who is a consumer?

A consumer can be a person or a business who buys or uses the goods and services from other businesses.

After these goods and services they can use them for themselves or for resale, it completely depends on them.
Every company or service provider makes the product or changes them according to their consumer demand.

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FAQs

Who is a consumer?
A consumer can be a person or a business who buys or uses the goods and services from other businesses. Their demand can make a huge impact on a country’s economy.
Why consumer is important?
Every company or individual make their product or services so they can sell them for some profit and consumers are the one who buys all these products and services.