Asked by
Simarjeet Singh
on Dec 15, 2024Verified
In terms of price, which type of consumer product would be relatively inexpensive?
A) shopping product
B) convenience product
C) specialty product
D) unsought product
E) supplies
Convenience Product
Goods that the consumer purchases frequently, immediately, and with minimal comparison and buying effort.
Shopping Product
A type of product that consumers purchase after comparing quality, price, and style from several sellers.
Specialty Product
A product that is characterized by its unique attributes, high level of quality, or brand identity, often leading consumers to put forth a significant effort in purchasing it.
- Ascertain the divisions of consumer products reflective of consumer conduct.
Verified Answer
LB
Learning Objectives
- Ascertain the divisions of consumer products reflective of consumer conduct.