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What is another word for consumer sovereignty?

Pronunciation: [kənsˈuːmə sˈɒvəɹˌɪnti] (IPA)

Consumer sovereignty is the concept that consumers have the power to dictate which goods and services are produced and how they are produced. It can also be referred to as consumer power, consumer control or customer sovereignty. Another synonym for the term could be 'buyer power'. This refers to the control that the consumer has over the entire buying process. Customer choice could also be an ideal term that captures the power of the consumer in determining a brand's success or failure. The customer is king is yet another phrase that is used frequently to describe consumer sovereignty. It is a phrase that recognizes the power that consumers have over businesses. Overall, there are many words that can be used to describe the power of the consumer and how important their satisfaction is to business success.
Hypernyms
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What are the hypernyms for Consumer sovereignty?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    consumer protection, consumer rights, consumer autonomy, consumer autonomy of choice.

Related words: the law that has it that people have the right to buy what they want and not buy what they don't want, the idea that people should be able to choose what they spend their money on, the principle that people should be free to choose what they consume, the notion that people should be free to purchase what they want

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