The tangible goods for which a consumer wants to compare quality, price and perhaps style in several stores before making a purchase are called :
The tangible goods for which a consumer wants to compare quality, price and perhaps style in several stores before making a purchase are called : Correct Answer Shopping Goods
The tangible goods are physical goods that can be touched, seen, and compared before making a purchase.
1) Convenience Goods:
- Convenience goods are items consumers buy often and easily without putting much thought into them.
- These include newspapers, magazines, most grocery items, and petrol.
- Since consumers have a good sense of how much these items cost, they don't consider their price unless it falls outside their expectations.
2) Speciality Goods:
- Goods that have unique characteristics or features for which consumers will be willing to make a special purchasing effort are known as Speciality Goods.
- Example: Luxury watches and cars, high-fashion clothing, professional camera lens, etc.
3) Unsought Goods:
- Goods about which consumers don't usually have the knowledge or are not that interested in knowing of is known as Unsought goods.
- Example: Funeral plans, disability insurance, accident, and life insurance, etc.
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Feb 20, 2025