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Term: Buyers

Definition: Buyers refer to individuals or entities that purchase goods or services from sellers, typically in a commercial transaction. They are the consumers or clients who acquire products or services in exchange for money or other consideration.

Sense 1 - Noun: A buyer can refer to a person or organization who acquires goods or services for personal use or as inventory to resell. They play a crucial role in the supply chain by creating demand for products or services.

Example sentence 1: The buyer decided to purchase the latest smartphone model from the electronics store.

Example sentence 2: The company's buyer negotiated favorable terms with the suppliers to keep costs down.

Sense 2 - Noun: Buyers can also refer to individuals that actively participate in an auction, typically seeking to acquire desired items by offering the highest bid.

Example sentence 1: The art collector outbid other buyers to acquire the rare masterpiece at the auction.

Example sentence 2: The competition between buyers drove the price of the antique vase higher than anticipated.

Sense 3 - Noun: In a real estate context, buyers are individuals or entities interested in purchasing properties, such as houses, apartments, or land.

Example sentence 1: The buyer found their dream home after months of searching and negotiating.

Example sentence 2: The real estate agent showed multiple properties to potential buyers, hoping to make a sale.

Sense 4 - Noun: Buyers can also refer to the target audience or consumer segment for a particular product or service.

Example sentence 1: The marketing team identified young professionals as the primary buyers for their new line of luxury accessories.

Example sentence 2: The company conducted market research to understand the needs and preferences of their potential buyers.

Sense 5 - Verb: "Buyers" can also function as the present participle of the verb "buy," indicating the ongoing action of purchasing something.

Example sentence 1: The buyers were carefully selecting their purchases at the farmers market.

Example sentence 2: The online shop was buzzing with activity as buyers were adding items to their carts.

To explore books about buyers on Amazon, you can click here.