What is consumer and types of consumer?
What is consumer and types of consumer? Consumers are the basic economic entities of an economy. Generally, consumer means an individual only; however, consumers will consist of a particular individual, a group of individuals, institutions etc. What are the various type of consumers? Let's take a look at four unique consumer types. Loyal Consumers: Loyal consumers are likely to comprise a small segment of your consumer base. Discount Consumers: Discount consumers are always on the hunt for discounts, as the name suggests. What is the largest consumer market in the world? The United States The United States offers the largest...