Shopping goods have which of the following features? I. These products are generally durable in nature II. Consumers generally compare the goods of various sellers and then buy such goods III. Per unit price of these goods is generally high

Shopping goods have which of the following features? I. These products are generally durable in nature II. Consumers generally compare the goods of various sellers and then buy such goods III. Per unit price of these goods is generally high Correct Answer I, II and III

The correct answer is I, II and III.

• Shopping goods like furniture, television is those goods which consumers compare on the basis of price, quality, style and suitability at the time of purchase.

Key Points

• The durability of the product comes under shopping good of the consumer.
• The consumer is attracted to durability.
• Consumer makes a comparison between the offers of various sellers so that he/she can purchase the best quality product at a lower price.
• In the case of shopping goods, the price of a single commodity is quite high as they are not daily goods but goods that are purchased eventually.
• It is not important that customers only purchase goods which are in continuous demand and regular in nature because every consumer taste is different at every purchase.
• There are no aggressive promotions in case of shopping goods because the customer is well aware of the market.