A consumer is a person or a group who intends to order, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. The term most commonly refers to a person who purchases goods and services for personal use.
Consumer goods, which are also called final goods, are goods that are put on the market for the consumer to fulfill wants or needs. Examples for consumer goods might be food or a home appliance . Consumer goods are often subdivided into convenience goods (for example soap , or shampoo ), and shopping goods (which usually are more expensive, and ...
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Supplier industries for FMCGs include: 1511 meat and meat products. 1512 fish and fish products. 1513 fruit and vegetables. 1514 vegetable and animal oils and fats. 1520 dairy products. 1531 grain mill products. 1532 starches and starch products. 1533 animal feeds. 1541 bakery products. 1542 sugar. ...
Shopping consumer goods are the goods which take lot of time and proper planning before making purchase decision; in this case consumer does a lot of selection and comparison based on various parameters such as cost, brand, style, comfort etc., before buying an item.
consumer good, in economics, any tangible commodity produced and subsequently purchased to satisfy the current wants and perceived needs of the buyer. Consumer goods are divided into three categories: durable goods, nondurable goods, and services. Consumer durable goods have a significant life span, often three years or more (although some ...