Which term refers to buying where the final consumer purchases goods for personal consumption?

The term that refers to buying where the final consumer purchases goods for personal consumption is "consumer buying." This concept specifically addresses the purchasing behavior of individuals who buy products for their own use, rather than for resale or in bulk. This type of buying is essential for understanding consumer behavior and market strategies, as it focuses on the needs and motivations of the end users of products, differentiating it from other forms of buying such as wholesale or retail buying. Consumer buying signifies the final step in the distribution process, where products move from suppliers to individuals who will use them, which is central to the functioning of retail markets.

Retail buying, while related, typically involves the acquisition of goods by retailers who then sell to consumers, and wholesale buying generally pertains to bulk purchases by entities that plan to sell the goods further. Direct buying relates to purchasing without intermediaries and doesn't specifically highlight the personal consumption aspect that "consumer buying" emphasizes.