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CONSUMERISM
PRESENTED BY,
TONY AUGUSTINE
1527729
What is consumerism?
• Action of people who spend a lot of money on goods and
service. It is also explained as the excessive purchase of
goods and services in large amount.
• The tendency to purchase excessive goods was started in the
age of industrialization.
• It depends on the buying power of individuals.
• Expectation of consumers are high because of education.
• If certain products seems essential to customers based on
society .
Consumerism 2030
• Competition between corporate's are tool driving
consumerism
• By 2030, India will be 5th largest consumer market
• House hold consumption reaches 22billion USD
• Big opportunity for retail and consumer goods mainly
FMCG.
• Mobile marketing
• Consumer expect faster delivery
• Customization of products
• More demand for brand products
• Protection of consumer rights
Advantages
• Helps in brand differentiation
• Employment oppurtunity
• Economy growth
• Oppurtunity and motivation to improve social standing.
Disadvantages
• Rise in crime rates
• People became more lavish
• Air and water pollution
• Personnel relationship get affected
• People will never be satisfied
• Reduces efficiency and working power
Conclusion

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CONSUMERISM

  • 2. What is consumerism? • Action of people who spend a lot of money on goods and service. It is also explained as the excessive purchase of goods and services in large amount. • The tendency to purchase excessive goods was started in the age of industrialization. • It depends on the buying power of individuals. • Expectation of consumers are high because of education. • If certain products seems essential to customers based on society .
  • 3. Consumerism 2030 • Competition between corporate's are tool driving consumerism • By 2030, India will be 5th largest consumer market • House hold consumption reaches 22billion USD • Big opportunity for retail and consumer goods mainly FMCG. • Mobile marketing • Consumer expect faster delivery • Customization of products • More demand for brand products • Protection of consumer rights
  • 4. Advantages • Helps in brand differentiation • Employment oppurtunity • Economy growth • Oppurtunity and motivation to improve social standing.
  • 5. Disadvantages • Rise in crime rates • People became more lavish • Air and water pollution • Personnel relationship get affected • People will never be satisfied • Reduces efficiency and working power