Is the Consumer really the King in India?
Points to remember before you participate in this discussion:
- Assume you are one of the members of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
- Contribute your positive thoughts towards providing the solution.
- Post your thoughts here.
Discussion:
144 comments Page 10 of 15.
Ankit said:
9 years ago
As per me for many brands or companies the consumer is not a king he is treated as a user only who used a product if he feels benefits he will re-purchase it or if not he will switch to another one the whole sole is if we remove the consumer protection act then the hidden face of brand will come in front and the myth of consumer-oriented market or consumer is a king has vanished.
(9)
Gandhi said:
1 decade ago
Dear All.
I agree with that consumer having lots of option in product in case that product belongs to perfect competition or monopolistic market and I think any product which not belongs from monopoly market structure like Indian railway, OPEC etc consumer having no any option. And the word king means 'A person having power every where' so I can say that consumer is not a King.
I agree with that consumer having lots of option in product in case that product belongs to perfect competition or monopolistic market and I think any product which not belongs from monopoly market structure like Indian railway, OPEC etc consumer having no any option. And the word king means 'A person having power every where' so I can say that consumer is not a King.
(7)
Sakshi Gade said:
1 year ago
Yes, the consumer is the king in India. As we all know the Indian market is dynamic and consumer preferences often shape industries and influence business strategies significantly. In modern marketing, the prime motive of a seller is to know about the needs of the consumer and fulfill those and earn a profit. Thus, we can say that the consumer is the king of the Indian Market.
(2)
Twinkle said:
9 years ago
According to me, consumer are not the king of India because every consumer depends on each company and if the company make a good quality product so automatically consumers are attracted and buy the product and use it. A product is sell or not these things totally depends on company market example of Jio sim which gives fast speed in less amount so consumer automatically buy.
(60)
Jayashree said:
9 years ago
Consumers are really the king in India. Every product and service are innovated for consumers only. If consumers are not satisfied then that product or service will be out from the market. So marketing research, advertisements, promotional events and other activities should be done to know the need of consumers. Consumers can make any product popular or unpopular.
(11)
Akshay shelke said:
7 years ago
Yes, I do believe that the consumer is the king or we can say that he is the most important factor in this business; Great marketing, communication, and service will increase the growth of the product.
If any firm or company fulfils the requirement of the consumer then he will surely go for that product again and again.
In the end, its all about the consumers!
If any firm or company fulfils the requirement of the consumer then he will surely go for that product again and again.
In the end, its all about the consumers!
(15)
Tanushka said:
4 years ago
Yes, according to me, the customer is the only who ruled over all market he/she is the real king because every producer or seller try to fulfil the demands of customer and also if we think we only satisfy the demand of whom the person who ruled over the market so same concept related to marketing.
Then, the customer is the other one who ruled over the market '.
Then, the customer is the other one who ruled over the market '.
(17)
Neil said:
8 years ago
It's perceived differently by everyone.
But I think that the consumer is entitled to the title "king" as he is the sole purpose of the market.
Not just in India but across the world cuz of one simple gameplay.
Customer + satisfaction = profit.
Producers who make use of this end up earning a lot of money and have to liability to be customers themselves.
But I think that the consumer is entitled to the title "king" as he is the sole purpose of the market.
Not just in India but across the world cuz of one simple gameplay.
Customer + satisfaction = profit.
Producers who make use of this end up earning a lot of money and have to liability to be customers themselves.
(8)
Harry said:
1 decade ago
It is true that the customer is really the king in India.
We can take the example of Maggi.
Now the people have stopped consuming it due to the high quantity of msg and lead in it. And we can see that within few weeks only their sale as well as the share price has gone down drastically therefore this is all because of customers only.
Thanks.
We can take the example of Maggi.
Now the people have stopped consuming it due to the high quantity of msg and lead in it. And we can see that within few weeks only their sale as well as the share price has gone down drastically therefore this is all because of customers only.
Thanks.
(62)
Manish said:
8 years ago
According to population, India is the second largest country. The Indian government helps to make consumer king. There are many specific act which is created by Indian government helps to protect consumer rights. If they have got cheated by seller or producers then they would entile to get claim on it. These all makes the consumer king.
(16)
Post your thoughts here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers