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WEEKLY MARKETS & CONSUMERS

WEEKLY MARKETS & CONSUMERS. Presentation by Prof. Amar Nath Gupta M.com.,LL.B.,FCS University of Delhi. Vegetable Market at night. Consumers have somewhat free time in the evening. Sellers exhibit their products attractively. Customers’ attention is natural.

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WEEKLY MARKETS & CONSUMERS

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  1. WEEKLY MARKETS & CONSUMERS Presentation by Prof. Amar Nath Gupta M.com.,LL.B.,FCS University of Delhi

  2. Vegetable Market at night Consumers have somewhat free time in the evening Presentation for DU Project undertaken by faculty & students of SLC(M)

  3. Sellers exhibit their products attractively Customers’ attention is natural Presentation for DU Project undertaken by faculty & students of SLC(M)

  4. Women take keen interest in such shopping Haggling is common in Weekly Markets Presentation for DU Project undertaken by faculty & students of SLC(M)

  5. Weekly markets are often decorated Sellers and buyers participate enthusiastically Presentation for DU Project undertaken by faculty & students of SLC(M)

  6. Essential goods are available in plenty Most middle class and poor people purchase essential goods from weekly markets Presentation for DU Project undertaken by faculty & students of SLC(M)

  7. Books are an added attraction for youngesters Prices are much cheaper than regular markets Presentation for DU Project undertaken by faculty & students of SLC(M)

  8. Decorative Material on sale Special attraction during festive seasons Presentation for DU Project undertaken by faculty & students of SLC(M)

  9. Other decorative material An attraction for all types of customers Presentation for DU Project undertaken by faculty & students of SLC(M)

  10. Shops are growing larger in size BOOKS: Special attraction for college students Presentation for DU Project undertaken by faculty & students of SLC(M)

  11. Attraction for school and college students Because of low prices, customers are naturally attracted Presentation for DU Project undertaken by faculty & students of SLC(M)

  12. Situation is similar in villages & small towns There may be difference in size of shops and decoration Presentation for DU Project undertaken by faculty & students of SLC(M)

  13. Young Office-goers enjoy the scene equally Weekly Bazaars are also taken to be fun Presentation for DU Project undertaken by faculty & students of SLC(M)

  14. Scene from Lajpat Nagar Weekly Market Such scenes are common in most of the Weekly Markets Presentation for DU Project undertaken by faculty & students of SLC(M)

  15. Food items are also common But consumers have to be careful about the quality of eatables. Presentation for DU Project undertaken by faculty & students of SLC(M)

  16. Use of mobiles is common Most of the vendors and their labour use mobile phones. Presentation for DU Project undertaken by faculty & students of SLC(M)

  17. GOSSIP after shopping from Weekly Markets The satisfaction from haggling is evident from customers’ faces Presentation for DU Project undertaken by faculty & students of SLC(M)

  18. Caste & religion – NO BAR People from all castes, religion and educational background take interest in Weekly Markets Presentation for DU Project undertaken by faculty & students of SLC(M)

  19. A common scene in Weekly Markets Mostly assumed to be care-free shopping Presentation for DU Project undertaken by faculty & students of SLC(M)

  20. Scene after the weekly day is over Poor people still have something to search for. Presentation for DU Project undertaken by faculty & students of SLC(M)

  21. Salient features of Weekly Markets • Prices are not fixed and haggling is common • Cash Memos are not kept or issued by the vendors • After purchasing, customers are also not careful about proof of purchase from a particular vendor • Regulatory environment is almost absent • Both – vendors and consumers are carefree • Because of the above features, Consumer Protection Act, 1986, may not be invoked in most cases. Presentation for DU Project undertaken by faculty & students of SLC(M)

  22. Precautions which may be taken by consumers • Self-care regarding quality and quantity of products, which consumers purchase • Try to get cash memos, visiting cards, brochures of the products, wherever possible • Get permanent addresses of the vendors by assuring continued relationship • For cheating, fraud, etc., criminal proceedings may be initiated by lodging complaint with police & local authorities Presentation for DU Project undertaken by faculty & students of SLC(M)

  23. THANKYOU Presentation by: Prof. Amar Nath Gupta M.com.,LL.B.,FCS SLC(M), University of Delhi Mob. 98713-59739 Email: amarpushp2@yahoo.co.in Presentation for DU Project undertaken by faculty & students of SLC(M)

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