which are the types of consumers?what are the criteria for their classification?
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primary consumers.. ( grasshopper)
secondary consumers( insect or bird)
tertiary consumer (man or snake)
they are classified on basis of the good they eat..
secondary consumers( insect or bird)
tertiary consumer (man or snake)
they are classified on basis of the good they eat..
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In business terms there are different types of consumers of goods and services that are offered for sale by companies and manufacturers. So why is it important to understand different types of consumers and how to reach them?
A product manufacturing company needs to understand the type of consumers it is targeting with its goods because it is essential to be confident a market exists for the products they intend to introduce into the market.
Knowing the types of consumers for goods enables a company to appropriately present the product to the potential purchaser, hence increasing sales and profitability.
Understanding the type of consumer who purchases your products can help you make a diverse range of decisions including:
product design (including cost)product placementpromotions (type and timing)production schedules.
There are different types, classes or categories of consumers of goods and services and in this article each of them will be discussed to help you understand the difference.
A product manufacturing company needs to understand the type of consumers it is targeting with its goods because it is essential to be confident a market exists for the products they intend to introduce into the market.
Knowing the types of consumers for goods enables a company to appropriately present the product to the potential purchaser, hence increasing sales and profitability.
Understanding the type of consumer who purchases your products can help you make a diverse range of decisions including:
product design (including cost)product placementpromotions (type and timing)production schedules.
There are different types, classes or categories of consumers of goods and services and in this article each of them will be discussed to help you understand the difference.
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