Is the Consumer really the King in India?
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144 comments Page 12 of 15.
Savan said:
9 years ago
I respect all of your comments but I think the customers are not really the king in India because some product that having monopoly we having compulsion to buy that product at whatever cost it is. For example, if anyone wants to buy iPhone then he has no choice to bargain or anything.
(6)
Riya said:
9 years ago
My opinion is that customer is really the king in India. When company is manufacturing any product at that time first they analyse the need of customers. They gather information from everywhere try to interact with customers to know their needs. Today's market is fully dependant on customer, market always try to attract customers for that every company tries to make good quality product. At least this product is first validated after that it comes in market. So yes customer is the king in India.
(6)
VinodKumar said:
9 years ago
In my view, Consumer is a one eyed king, because as a consumer I normally buy thing which are needed for me on the basis of advertisements. Normally what manufacturers do is,they take you to the advantages only. What my point is we are not looking at by what a product is manufactured,what are the safety measures, future impacts, So it'd be good to take proper transparent testing mechanisms maintained by the government.
(6)
Abin Shaju said:
9 years ago
Thanks for giving this wonderful opportunity for adding some points to this topic. In all the dimensions we can see organizations considering consumers are the high preferred elements for their business and companies treating them as a king. So In Indian scenario consumers are really the king. THANK YOU.
(6)
Amit shukla said:
9 years ago
In my point of view, consumers are not only really king in India. Producers have also king of India because producers have producers goods and services. For consumer, those good and services fulfill all the wants and needs of the consumer. Producers have very important part of the every human life.
(6)
Misha said:
9 years ago
Everything in business depends on how well you make your product so it gives high degree of satisfaction to consumers. Product that build must satisfy customer requirements at an affordable price. Customers are the one who can give popularity to product by buying more stuff.
(6)
Tushar said:
1 decade ago
In today's world, consumer derives the market forces. Various companies firstly identifies the need of the customers then they produces the product or services which matches with the needs of customers or consumers.
Although, Traditional concept is bit different, it focuses on offering the same product to all consumers. Ex. Ford Model T(Car).
But, today we see highly customized services and products are being provided to people. There is a term called "Consumer is the king". i.e. produces what the consumer is required.
Today is the world of competition, every company is trying to satisfy their customers by offering what they want.
This competition is more in the private sector in India. But if talk about the Govt sector of India, it as same as it was 50 years back, Long waiting cues in banks, Govt Hospitals, etc.
But yes, today consumers is really the king in India.
Although, Traditional concept is bit different, it focuses on offering the same product to all consumers. Ex. Ford Model T(Car).
But, today we see highly customized services and products are being provided to people. There is a term called "Consumer is the king". i.e. produces what the consumer is required.
Today is the world of competition, every company is trying to satisfy their customers by offering what they want.
This competition is more in the private sector in India. But if talk about the Govt sector of India, it as same as it was 50 years back, Long waiting cues in banks, Govt Hospitals, etc.
But yes, today consumers is really the king in India.
(5)
Vikas kumar said:
1 decade ago
Hi everyone.
In India due to unemployment number of sellers increase day by day, so that there is more number of sellers in the market called "BUYERS MARKET", so in India when buyer want to buy any product then he compare product in each & every shop in the market where he found same product at cheaper rate he buy from there. So we called 'Consumer really the king in India'.
Thank you.
In India due to unemployment number of sellers increase day by day, so that there is more number of sellers in the market called "BUYERS MARKET", so in India when buyer want to buy any product then he compare product in each & every shop in the market where he found same product at cheaper rate he buy from there. So we called 'Consumer really the king in India'.
Thank you.
(5)
Trevor Takunda said:
10 years ago
Consumers are not viewed as kings because the producers are the one which determine the price. Some firms stand as oligopoly and they avoid competition among themselves by stating the same price on the goods they produce.
(5)
Ambuj Singh said:
9 years ago
According to me, the increased competition in the market makes the customer real king in India. For example in 60's and 70's there are only two or three car manufacturers who rule market but with the entry of new companies they are forced to change their attitude and modify their products according to the taste of consumers. Wherever there is the absence of competition the companies rule the market and they became the real king. So this increased real competition is the reason to make the consumer the king.
(5)
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