consumer/industrial goods

Cards (8)

  • Consumer goods - bought for personal consumption
  • industrial goods - bought for further processing
  • convenience products
    • bought frequently
    • little planing or shopping effort
    • low customer involvement
    • low price, mass promotion, widespread distribution
  • Shopping products
    • bought less frequently
    • customers careful on suitability, quality, brand, price etc
    • high price, selective distribution, advertising by reproducer & reseller
  • Speciality products
    • unique
    • buyers make special effort when buying
    • high price, exclusive distribution, careful targets
  • Materials & parts
    • Raw materials
    • Mostly sold to other industrial users
    • Price & service key issue
  • Capital items
    • Industrial products used in production or operations
    • Eg -> IT systems, buildings, infrastructure
  • Supplies & services
    • Operating supplies eg. Energy
    • Business services eg. Maintenance & security