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.
You need to login to perform this action.
You will be redirected in
3 sec