Is the Consumer really the King in India?
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Discussion:
144 comments Page 14 of 15.
Ronit.odisha said:
9 years ago
Yes. Firstly we should conscious about income. Every man has wanted to rid BMW, Audi etc costly car. Seller & purchaser are the main parts of the world without one never fulfills another. We should give important buyer & seller. Income depends on consumers purchasing power. That's right consumer king of all world not in India.
(3)
Aryansaran said:
9 years ago
Consumer is the center point of Indian economy and all policies and plan make for the consumer using so brief speech is the driver of the Indian economy and major role to down economy and increase economy.
(3)
Anonymous said:
9 years ago
Yes, I support that consumer is king in India.
Consumer who has demands and producers are those who fulfill their demands by producing the demanding goods. But more the quantity of the commodity which a consumer uses more he starts to loose its utility and therefore he starts to seek for alternatives, therefore, producers have to modify their products at different time intervals and have to know different and changing tastes of consumers to make their sell stable and growing.
Earlier market was not so much competitive as it is today, there were only a few vendors in market and consumers had not many choices and alternatives but at present there are many producers for a single type of commodity and therefore every firm has a strong competition with others in making their product as the first choice to consumer, therefore, it makes the market dynamic and consumer oriented.
But in those markets where monopoly exists consumers lose their choices and have to rely on the producer.
So in concluding remark, it can be said that in India a consumer is the real king.
Consumer who has demands and producers are those who fulfill their demands by producing the demanding goods. But more the quantity of the commodity which a consumer uses more he starts to loose its utility and therefore he starts to seek for alternatives, therefore, producers have to modify their products at different time intervals and have to know different and changing tastes of consumers to make their sell stable and growing.
Earlier market was not so much competitive as it is today, there were only a few vendors in market and consumers had not many choices and alternatives but at present there are many producers for a single type of commodity and therefore every firm has a strong competition with others in making their product as the first choice to consumer, therefore, it makes the market dynamic and consumer oriented.
But in those markets where monopoly exists consumers lose their choices and have to rely on the producer.
So in concluding remark, it can be said that in India a consumer is the real king.
(3)
Akhil Balan said:
9 years ago
In India, consumers are not at all the king. Because each of us would have an experience in which we were provided with the wrong product or with the wrong quality for the price we give. This itself proves that consumers are being exploited in every possible way. Companies should give more importance to costumer satisfaction than making the profit. At least they should get the right quality for the right price.
(3)
Astha Jain said:
9 years ago
Hello everyone,
According to me, consumer is the king of the market not only in India but in the world also.
Because the producer always tries to maximize their customers' satisfaction by providing the products or services which are matched with the consumer's taste and preferences.
If the taste of the consumer is changed then producer also change his product as per the consumer taste.
According to me, consumer is the king of the market not only in India but in the world also.
Because the producer always tries to maximize their customers' satisfaction by providing the products or services which are matched with the consumer's taste and preferences.
If the taste of the consumer is changed then producer also change his product as per the consumer taste.
(3)
Sanjay Kumar Negi said:
1 decade ago
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.
(2)
Jeet said:
1 decade ago
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.
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.
(2)
Jeetu saini said:
10 years ago
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.
(2)
Swati said:
10 years ago
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.
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.
(2)
Nithya said:
10 years ago
Yes. Customer is the king to business point of you but create like this business ethics there are create desire to customer.
(2)
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