Is Customer a King of the Market
Is consumer really the king In India?
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Yes. counsumer is king in india. because consumer know what to buy what not to buy. they are educated. and laws also give protection to customer .consumer protection act is example. |
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As per my counterview. Consumers are realy not consumers. Consumers bear an invisible tag of being 'KINGS'. They actually are not. In sense its just to attract the consumers & misguide them by a feel that they are valuable to the market. Consumers is just an ATM to debit cash into the sellers accounts. And make profits to the companies. As richers are linged in market. But what about middle class & poor class. Kings never negotiate but customer has to if they see the prices of products higher than the actual one.
So, I conclude saying Indian market is seller dominated market. So we are not realistic KINGS. |
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No, nowadays consumers are mostly suffered by price. But the consumer is king concept says, Consumer is a price maker. But our country's consumer not treated like that. So in India consumer is not a king. |
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Consumers ! They play a significant role in the economic system of our nation . If their is no effective demand that emanates from them , the economy would collapse .
However , let's get real !
Consumers are the " KING " on paper ! Various laws have been made giving consumers numerous rights but the laws merely stay on paper. They aren't effective in practical life .
Any entrepreneur is not carrying out business to fulfill the needs of the society rather society is only a medium in the name of which he can mint profits and earn himself a luxurious living .
Think for yourself, how many business man really think of developing consumer friendly products ! At the end of the day, they will compromise with the quality to bring down the per unit cost and increase the profits !
However, exceptions are always there ! No doubt .
I would strongly say, Consumers bear
| | | |
Yes. counsumer is king in india. because consumer know what to buy what not to buy. they are educated. and laws also give protection to customer .consumer protection act is example. |
|
As per my counterview. Consumers are realy not consumers. Consumers bear an invisible tag of being 'KINGS'. They actually are not. In sense its just to attract the consumers & misguide them by a feel that they are valuable to the market. Consumers is just an ATM to debit cash into the sellers accounts. And make profits to the companies. As richers are linged in market. But what about middle class & poor class. Kings never negotiate but customer has to if they see the prices of products higher than the actual one.
So, I conclude saying Indian market is seller dominated market. So we are not realistic KINGS. |
|
| | | |
No, nowadays consumers are mostly suffered by price. But the consumer is king concept says, Consumer is a price maker. But our country's consumer not treated like that. So in India consumer is not a king. |
|
| | | |
Consumers ! They play a significant role in the economic system of our nation . If their is no effective demand that emanates from them , the economy would collapse .
However , let's get real !
Consumers are the " KING " on paper ! Various laws have been made giving consumers numerous rights but the laws merely stay on paper. They aren't effective in practical life .
Any entrepreneur is not carrying out business to fulfill the needs of the society rather society is only a medium in the name of which he can mint profits and earn himself a luxurious living .
Think for yourself, how many business man really think of developing consumer friendly products ! At the end of the day, they will compromise with the quality to bring down the per unit cost and increase the profits !
However, exceptions are always there ! No doubt .
I would strongly say, Consumers bear