Meaning of the word consumers in English

What does consumers mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

consumers

US /kənˈsuːmər/
UK /kənˈsjuːmə/

Plural Noun

people who buy goods and services for their own use

Example:
The new marketing campaign aims to attract young consumers.
Rising prices are affecting all consumers.