The meaning and types of consumer products with example. Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.

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Answer 1

Question

Chapter 8, Problem 8.1DQ

Summary Introduction

To discuss: The meaning and types of consumer products with example.

Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.

Expert Solution & Answer

Explanation of Solution

The meaning and types of consumer products with example are as follows:

Shopping Products: These products are purchased less as often as possible by buyers. Buyers more often than not think about traits of shopping items. Example: quality, cost, and style between different items. Example: Air tickets, electronic gadgets.
Convenience products: These products are purchased the most as often as possible by buyers. They are purchased promptly and without extraordinary correlation between different alternatives. Example: Convenience products such as pens, sugar.
Unsought products: These products are items that customers do not typically purchase or would not think about purchasing under ordinary conditions. Purchasers of unsought items regularly do not consider these items until they need them. Example: Funeral services, diamond ornaments.
Speciality products: These products are items with exceptional attributes or brand identification. Consumers of such items are eager to apply extraordinary exertion to buy speciality items. Example: A buyers of a luxury car would need to spend significant exertion sourcing the car.

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Answer 2

Question

Chapter 8, Problem 8.1DQ

Summary Introduction

To discuss: The meaning and types of consumer products with example.

Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.

Expert Solution & Answer

Explanation of Solution

The meaning and types of consumer products with example are as follows:

Shopping Products: These products are purchased less as often as possible by buyers. Buyers more often than not think about traits of shopping items. Example: quality, cost, and style between different items. Example: Air tickets, electronic gadgets.
Convenience products: These products are purchased the most as often as possible by buyers. They are purchased promptly and without extraordinary correlation between different alternatives. Example: Convenience products such as pens, sugar.
Unsought products: These products are items that customers do not typically purchase or would not think about purchasing under ordinary conditions. Purchasers of unsought items regularly do not consider these items until they need them. Example: Funeral services, diamond ornaments.
Speciality products: These products are items with exceptional attributes or brand identification. Consumers of such items are eager to apply extraordinary exertion to buy speciality items. Example: A buyers of a luxury car would need to spend significant exertion sourcing the car.

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Answer 3

Question

Chapter 8, Problem 8.1DQ

Summary Introduction

To discuss: The meaning and types of consumer products with example.

Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.

Expert Solution & Answer

Explanation of Solution

The meaning and types of consumer products with example are as follows:

Shopping Products: These products are purchased less as often as possible by buyers. Buyers more often than not think about traits of shopping items. Example: quality, cost, and style between different items. Example: Air tickets, electronic gadgets.
Convenience products: These products are purchased the most as often as possible by buyers. They are purchased promptly and without extraordinary correlation between different alternatives. Example: Convenience products such as pens, sugar.
Unsought products: These products are items that customers do not typically purchase or would not think about purchasing under ordinary conditions. Purchasers of unsought items regularly do not consider these items until they need them. Example: Funeral services, diamond ornaments.
Speciality products: These products are items with exceptional attributes or brand identification. Consumers of such items are eager to apply extraordinary exertion to buy speciality items. Example: A buyers of a luxury car would need to spend significant exertion sourcing the car.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 8, Problem 8.1DQ

Summary Introduction

To discuss: The meaning and types of consumer products with example.

Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.

Expert Solution & Answer

Explanation of Solution

The meaning and types of consumer products with example are as follows:

Shopping Products: These products are purchased less as often as possible by buyers. Buyers more often than not think about traits of shopping items. Example: quality, cost, and style between different items. Example: Air tickets, electronic gadgets.
Convenience products: These products are purchased the most as often as possible by buyers. They are purchased promptly and without extraordinary correlation between different alternatives. Example: Convenience products such as pens, sugar.
Unsought products: These products are items that customers do not typically purchase or would not think about purchasing under ordinary conditions. Purchasers of unsought items regularly do not consider these items until they need them. Example: Funeral services, diamond ornaments.
Speciality products: These products are items with exceptional attributes or brand identification. Consumers of such items are eager to apply extraordinary exertion to buy speciality items. Example: A buyers of a luxury car would need to spend significant exertion sourcing the car.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 8, Problem 8.1DQ

Summary Introduction

To discuss: The meaning and types of consumer products with example.

Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.

Expert Solution & Answer

Explanation of Solution

The meaning and types of consumer products with example are as follows:

Shopping Products: These products are purchased less as often as possible by buyers. Buyers more often than not think about traits of shopping items. Example: quality, cost, and style between different items. Example: Air tickets, electronic gadgets.
Convenience products: These products are purchased the most as often as possible by buyers. They are purchased promptly and without extraordinary correlation between different alternatives. Example: Convenience products such as pens, sugar.
Unsought products: These products are items that customers do not typically purchase or would not think about purchasing under ordinary conditions. Purchasers of unsought items regularly do not consider these items until they need them. Example: Funeral services, diamond ornaments.
Speciality products: These products are items with exceptional attributes or brand identification. Consumers of such items are eager to apply extraordinary exertion to buy speciality items. Example: A buyers of a luxury car would need to spend significant exertion sourcing the car.

Answer 6

Chapter 8, Problem 8.1DQ

Summary Introduction

To discuss: The meaning and types of consumer products with example.

Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.

Expert Solution & Answer

Explanation of Solution

The meaning and types of consumer products with example are as follows:

Shopping Products: These products are purchased less as often as possible by buyers. Buyers more often than not think about traits of shopping items. Example: quality, cost, and style between different items. Example: Air tickets, electronic gadgets.
Convenience products: These products are purchased the most as often as possible by buyers. They are purchased promptly and without extraordinary correlation between different alternatives. Example: Convenience products such as pens, sugar.
Unsought products: These products are items that customers do not typically purchase or would not think about purchasing under ordinary conditions. Purchasers of unsought items regularly do not consider these items until they need them. Example: Funeral services, diamond ornaments.
Speciality products: These products are items with exceptional attributes or brand identification. Consumers of such items are eager to apply extraordinary exertion to buy speciality items. Example: A buyers of a luxury car would need to spend significant exertion sourcing the car.

Answer 7

Chapter 8, Problem 8.1DQ

Summary Introduction

To discuss: The meaning and types of consumer products with example.

Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.

Answer 8

Expert Solution & Answer

Explanation of Solution

The meaning and types of consumer products with example are as follows:

Shopping Products: These products are purchased less as often as possible by buyers. Buyers more often than not think about traits of shopping items. Example: quality, cost, and style between different items. Example: Air tickets, electronic gadgets.
Convenience products: These products are purchased the most as often as possible by buyers. They are purchased promptly and without extraordinary correlation between different alternatives. Example: Convenience products such as pens, sugar.
Unsought products: These products are items that customers do not typically purchase or would not think about purchasing under ordinary conditions. Purchasers of unsought items regularly do not consider these items until they need them. Example: Funeral services, diamond ornaments.
Speciality products: These products are items with exceptional attributes or brand identification. Consumers of such items are eager to apply extraordinary exertion to buy speciality items. Example: A buyers of a luxury car would need to spend significant exertion sourcing the car.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Ch. 8 - Prob. 8.1DQ Ch. 8 - Prob. 8.2DQ Ch. 8 - Prob. 8.3DQ Ch. 8 - Prob. 8.4DQ Ch. 8 - Prob. 8.5DQ Ch. 8 - Prob. 8.6CTE Ch. 8 - Prob. 8.7CTE Ch. 8 - Prob. 8.8CTE Ch. 8 - Prob. 8.9AC Ch. 8 - Prob. 8.10AC

The meaning and types of consumer products with example. Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.

Concept explainers

To discuss: The meaning and types of consumer products with example.

Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.

Explanation of Solution

Want to see more full solutions like this?

Chapter 8 Solutions

The meaning and types of consumer products with example. Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.

Concept explainers

To discuss: The meaning and types of consumer products with example. Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.

Explanation of Solution

Want to see more full solutions like this?

Chapter 8 Solutions

To discuss: The meaning and types of consumer products with example.

Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.