Definition : Consumer

A consumer is an individual who purchases goods or services for their own personal use or consumption. They are the end-users of products and play a crucial role in the economy by driving demand for goods and services. Consumers make informed decisions based on their needs, preferences, and budget, and are constantly seeking value and quality in their purchases. They are also responsible for providing feedback and influencing the market through their buying habits. In today’s digital age, consumers have more power than ever before, with access to a vast array of products and information at their fingertips. As such, companies must cater to the needs and wants of consumers in order to thrive in the competitive market.

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