12th Class Business Studies Marketing

  • question_answer 12)
    Distinguish between convenience product and shopping product.

    Answer:

    Difference between Convenience and Shopping product  
    Basis Convenience product Shopping  product
    Shopping efforts No or very little efforts are made in purchasing such products. Considerable time is devoted in purchasing such products.
    Cost    These products have low per unit cost. Unit price of such products is high.  
    Retail outlets Number of retailers is large. Number of retailers is less.
    Customer base There is regular and continuous demand from the same set of customers. They cater to a large customer base.
     


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