Bifalgorithm post · IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · 11.6. What Is a Product?*
What distinguishes unsought, convenience, shopping, and specialty products?
What distinguishes unsought, convenience, shopping, and specialty products? (IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · 11.6. What Is a Product?*)…
Ideas in this flowchart
- Consumer products classified by buyers’ search and purchasing effort
- Unsought products are unplanned purchases or known products that buyers do not actively seek
- Convenience products are relatively inexpensive and require little shopping effort
- Examples include soft drinks, candy bars, milk, bread, and small hardware items
- Consumers buy convenience products routinely with little planning
- Convenience products may be well known through brands such as Pepsi-Cola, Domino’s, Sure, and UPS
- Shopping products are purchased after comparing brands and stores for price, suitability, and style
- Examples include furniture, automobiles, European vacations, and some clothing
- Shopping products may require months or years of search and evaluation
- Specialty products are sought extensively, and consumers refuse to accept substitutes
- Examples include expensive jewelry, designer clothing, advanced stereo equipment, limited-production automobiles, and gourmet restaurants
- Specialty products often have limited distribution because buyers invest substantial time and effort to find them
- Examples of limited sellers include Neiman-Marcus, Gucci, and Porsche dealers
