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2016 | OriginalPaper | Chapter

1. An Introduction to Consumer Metamorphosis in the Digital Age

Authors : İnci Oya Coşkun, Hakan Yılmaz

Published in: e-Consumers in the Era of New Tourism

Publisher: Springer Singapore

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Abstract

The role and characteristics of the consumer has evolved through a series of economic, social and technological developments. The power to control the market has passed from the producer to the consumer. As Karl Marx acknowledged by the end of the nineteenth century, production and consumption are related with each other inevitably, inherently and dialectically. Prosumers create exchange value for the companies; therefore, they inspire a fundamental change in the economic system, and this change has significant implications for the production process. Technological developments such as the introduction of personal computers, the Internet, social media and mobile devices accelerated the digital revolution and the metamorphosis of consumers into a new type of prosumers. Developments based on digital technologies continue to draw the borders of a new world with unique characteristics and dynamics. Briefly, consumer behaviour is influenced by the digital revolution, and it changed the classical understanding on production.

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Metadata
Title
An Introduction to Consumer Metamorphosis in the Digital Age
Authors
İnci Oya Coşkun
Hakan Yılmaz
Copyright Year
2016
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-10-0087-4_1