Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
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Expert Solution
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Introduction
Consumers- A consumer is an individual or a group that is not directly involved in entrepreneurial or company activities and who plans to order or utilizes obtained commodities or services mainly for personal, societal, family, or home needs. The phrase is most frequently used to describe someone who makes purchases for their own benefit. Consumers can be a single individual or a group of users who buy or employ products and services only for their own consumption, as opposed to for production or resale. In the sales distribution process, they are the final consumers.
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