We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.


Consumer Awareness

Consumer awareness refers to knowledge of the consumer about a particular product.

Why is it important? Consumers need to be aware of a product before anyone can buy it. This can be by “word of mouth,” social media, PR campaigns, or traditional advertising.

Find other enlightening terms in Shmoop Finance Genius Bar(f)