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usage.
Consumers are people who buy goods and
services to satisfy their needs. Advantages of Consumer Education
What do you think are the benefits of
Consumer Education means to educate the consumer education? How can you put to
consumers as to what, where, when, use what you have learnt so far? Well, you
how and how much to buy and how to use may probably say that it helps you to:
what they have bought. — develop the ability to decide and choose
things intelligently,
_ What to buy: You should buy those — demand safe, reliable and good quality
products that meet your needs and priorities products at a reasonable price,
and are of good quality — be alert, well informed and vigilant
against corrupt practices in the market,
_ How much to buy: Buy just the right and
quantity as per your need, money and — take suitable action when faced with a
storage space available. This prevents problem.
spoilage and wastage.
Problems Faced by Consumers
_ Where to buy: Purchases can be made at
retail shops, cooperative stores, Price Variation Many times while
company showrooms, authorised dealers or purchasing products you may notice that the
at wholesale markets. price of the same
item is different in different shops within the
_ When to buy: Some goods should be same market.
bought when they are in season
(fruits and vegetables) others should be — Prices are lower for the same product in
bought during off season or in genuine wholesale markets as compared
discount sales (room coolers, electric to retail markets.
heaters, woollen clothes etc.). Visit — Prices of packed products are higher than
shops when the shopkeepers are relatively the price for the same product
free. Avoid Sundays and evenings when sold loose. This is due to packaging
as far as possible. charges in packed goods.
— Maximum Retail Price (inclusive of all
_ How to buy: Things can be bought either taxes), also called MRP, printed on
in cash or on credit. You pay less the label of all products includes the
when you pay cash and if you buy on commission of the seller. If he is ready
credit you end up paying more than the to forgo a part of it, he sells the product at a
original price. You may save and buy by price lower than the MRP to
paying cash, or buy on credit with attract consumers and make them regular
instalment customers. Some of the ways in which
payments. sellers over-charge you are :
— Selling a copy of the popular brand
_ How to use: Learn about the proper use of name.
any product or service. Read — MRP for certain products varies in
instructions carefully before use and always different states. These are mentioned on
follow them to avoid any problem.
the label, and the shopkeeper takes
advantage of this to charge the highest
mentioned MRP.
— Selling items loose without a label or
packaging so that you cannot read and
check its real price.