Is the Consumer really the King in India?

Yes I agree that customer is the king in the market nowadays. Now globalization has made the world to a very small place. Many companies were there who are competing among themselves to make there stand.

In this situation I think the thinking and liking of the customer plays a vital role in survival of any company in the market from statistic also we can say that new and more authentic products are replacing various old product like for example the previously used shampoos like clinic plus is now replaced by many new products like Tresemme, L'Oreal etc which customer find more satisfying than clinic plus.

So I agree with the point that customers are the king who decides the future of any product in the market.

I think customer may be king or may not be. If customer is really a king than why all the banks and financial institution are closed on second and fourth Saturday in a month.

Hello friends,

Looking the present scenario in the market the same product is made by many different company and if the customer is not satisfying the product from one company the customer is easily choose to the product of another company and this make the customer to be a king.

Lets take a example, SBI, ICICI and HDFC banks are in competition to provide more facility to customer they continuing launches new apps that makes banking more easy and not to visit to branches of the bank.

The same competition in the automobile industries like Tata, Honda Mercedes BMW these company always try to provide more and more feature in there vehicle. So the customer is free to choose according to their choice and this makes customer to be a king.

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.

Consumer is actually not the real king in the market except market of few products like Ayurveda or organic agricultural products. For the consumer to be the real king in the market it is necessary that the supply in the market should emerge from the requirements and choice of the consumers.

In the developing countries like India demand is emerging from what is available in the market. Most of the products are purchased by the consumers based on the thinking what their neighbors are purchasing. Also, there are many products in the market that signifies the status symbol like freezer, home theater, dining tables etc and the consumers are ready to purchase these products even without having much demand.

Conclusion:

Although the consumer is not the real king in Indian market however, there is not a complete lacking of the choice of the consumer in the market.

Based on facts and general opinions, consumer is partially the king, moreover I would say that if 13% country is rich only then they have enough money to go for substitutes and choose and mostly they fall into urban areas and rural peoples when do not have enough for their survival how come they can choose between products and moreover in rural the said consumer forums are not available. And we say 68% is on agriculture.

Analysis : King the term means he can't be fooled if then the punishment is ready to be given. Do you find this in Indian scenario where you keep fighting with seller and end up with disappointment.

Thank you.

In my point of view consumer is not at all king in the market, he only driven by the retailer, because retailer attract the consumer in attractive way by fake advertisements, ads on news papers etc. These are not 100% true. They create their products as brads, then consumer is forced&attracted to by it.

For example a brand like Jockey, Levis etc even it is too costly than also people showing more interest to buy it because it is a brand in a market. If the same product available in the market with low cost with out any brand than also people are not interested in by those products. There fore in my point of view consumer is not at all king.

Hello friends,

As the population density of India is very high, means large number of people living at particular area lead to more consumption of product this will lead to rise in, economy growth. This make high GDP. Thus consumer is really the king of India.

Moreover, different MNC Threw FDI wants to invest in India this show that Indian market is really strong. Also, at present more then 40% Indian are youngster, they want to deal with new technology, &this young consumer lead to more technological development.

At last, I want to say that consumer make Indian GDP high as well as more technological development also. Thus, consumer really is the king of India.

Yes, you are right consumer in India is the king. Many times in India because of no awareness consumers face a lot of problems but if they know about the online consumer forums and if they face any problems. Consumers in India has lot of option for researching, buying and taking the right decision on products, services and brands.

Hello everyone,

As all of you have written your opinion, here is mine. According to me the consumer is really a king these days because in the modern world the consumer is having so much options to choose from and that is the reason the manufacturers are manufacturing according to the desires and the demands of consumers, cause if they don't, sooner or later they will be losing consumer's preference. So in my opinion consumers are the king in India.