What Is a Consumer Cooperative?

A consumer cooperative is a retail unit that is self-organized, self-funded, and owned by the consumer.

Consumer cooperatives

The advantages of consumer cooperatives are self-produced and self-sold, with few intermediate links and low prices, which can attract some consumers. The disadvantages are that the operators are not professional, so they often have poor plans and management failures. Difficult to hire skilled operators and employees; low competitiveness. At the same time, due to other issues such as the system, consumer cooperatives lacked vitality to operate and could not maintain the enthusiasm of the participants in a timely manner, which limited the development of consumer cooperatives.