consumerism def | BTCC Knowledge

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What does it mean to be a consumer?

A consumer is someone who purchases goods and services. Being a good consumer is being careful about how you spend your money. In other words, a good consumer spends money wisely.

What are 5 examples of consumers?

Consumers can be grouped into the following 5 categories: Suspects, Prospects, First time buyers, Repeat buyers and Non-buyers, based upon where they are in the buying process. ... For example, picking up gum or a newspaper is a fast moving, non durable good. Chances are likely that the consumer will recognize a need, make the decision to buy ...

What does a consumer mean?

an organism that uses other organisms for food in order to gain energy. A consumer is a person or group of people who are the final users of products and or services generated within a social system. A consumer may be a person or group, such as a household.

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