Helping your consumers to gain more profits
Consumers are individuals or households that consume goods and serv
ices generated within the economy. Since this includes just about e
veryone, the term is a political term as much as an economic term w
hen it is used in everyday speech.
Typically when business people and economists talk of consumers they
are talking about person as consumer, an aggregated commodity item
with little individuality other than that expressed in the buy not b
However there is a trend in marketing to individualize the concept.
Instead of generating broad demographic profile and psychographic
profiles of market segments, marketers are engaging in personalized
marketing, permission marketing, and mass customization.
A consumer is assumed to have a budget which can be spent on a range
of goods and services available on the market. Under the assumption
of rationality, the budget allocation is chosen according to the pr
eference of the consumer, i.e. to aximize his or her utility functi
In 'time series' models of cnsumer behavior, the consumer may also in
vest a proportion of their budget in order to gain a greater budget in
future periods. This investment choice may include either fixed rate
interest or risk-bearing securities.
In the context of mental health, consumer is also a term applied to des
cribe a person living with mental illness. Literally, it is not really
what is states. They are the people seeking for help in their own profi
le of their mentality. You can let them gain their life back on track a
nd achieve your goal at the same time.
Problems may also arise when dealing with your possible prospects.
Many patients are frustrated because, despite their best intentions, t
hey seem unable to adhere to an exercise or "diet" program. Actually,
there are several proven strategies that can be used to help us be suc
cessful in our efforts to improve an aspect of our lifestyle.
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