Consumer Products
Consumer Products
Consumer products are tho.se bought by final consumers for personal consump consumer product tion. Marketers usually classify these goods based on consumer shopping habits.
A product bought by Consumer products include convenience products, shopping produces,
final consumers for speciality products and unsought products. These products differ in the way
personal consumption. consumers buy them, so they differ in how they are marketed (see Table 13,1). 2
Convenience products are consumer goods and services that the consumer Convenience product
A consumer product that usually buys frequently, immediately and with a minimum of comparison and
the customer usually buying effort. They are usually low priced and widely available. Examples are
buys frcq uently, soap, sweets and newspapers. Convenience goods ean be divided further into
immediately, and with a miples, impulse goods and emergency goods.
minimum of comparison Staples are goods that consumers buy on a regular basis, such as milk, tooth
and buying effort. paste or bread. Impulse goods are purchased with little planning or search effort. These goods are normally available in many places because consumers seldom seek them out. Thus chocolate bars and magazines are placed next to checkout counters because shoppers may not otherwise think of buying them. Emergency
564 • Chapter 13 Brands, Products, Packaging and Services*
Figure 13.2
Classification of industrial goods
products are purchased when a need is urgent umbrellas during a rainstorm, or boots and shovels during the year's first snowstorm. Manufacturers of emergency goods will place them in many outlets to make them readily available when the customer needs them.
shopping product Shopping products are less frequently purchased and consumers .spend
A consumer produce that considerable time and effort gathering information and comparing alternative The customer, in the
brands carefully on suitability, quality, price and style. Examples of shopping process of selection
products are furniture, clothing, used cars and major household appliances. and purchase,
Shopping products can be divided into homogeneous and heterogeneous goods. aha racteristica lly
The buyer sees homogeneous shopping products, such as major appliances (e.g., compares with others on
cookers, fridges), as similar in quality but different enough in price to justify such bases as suitability,
quality, price and style. shopping comparisons. The seller has to 'talk price' to the buyer. However, when a consumer is shopping for heterogeneous products such as clothing and furniture,
speciality product product features are often more important than price. If the buyer wants a new
A consumer product suit, the cut, fit and look are likely to be more important than small price differ «!t(/i unique
ences. Therefore a seller of heterogeneous shopping products must carry a wide characteristics or brand
assortment to satisfy individual tastes and have welltrained salespeople to give identification for 'which
information and advice to customers.
a significant group of Speciality products arc consumer goods with unique characteristics or brand buyers is 'willing to
identification for which a significant group of buyers is willing to make a special make a special purchase
purchase effort. Examples are specific brands and types of car, highpriced home effort.
entertainment systems, photographic equipment and luxury goods. A jukebox, for example, is a speciality good because buyers are usually willing to travel greal distances to buy one. Buyers normally do not compare speciality goods. They invest only the time needed to reach dealers carrying the wanted products. Although these dealers do not need convenient locations, they must still let buyers know where to find them.
unsought product Unsought products are consumer goods that the consumer either does not
A consumer product that know about or knows about but does not normally think of buying. Most major the consumer either does
innovations are unsought until the consumer becomes aware of them through not know about or
advertising. Other examples of known but unsought goods are life insurance, knows about but does
home security systems and blood donations to the Red Cross. By their very not normally think of
nature, unsought goods require a lot of advertising, personal selling and other buying. marketing efforts. Some of the most advanced personal selling methods have
developed out of the challenge of selling such goods.
Product Glassffieations • 565
Parts
» Book Principles Of Marketin Pleased
» I'hrce considerations underlying the
» The Information Technology Boom
» • False Wants and Too Much Materialism
» There is good reason to search a 2.4
» Levi's Strategic Marketing and Planning
» Analysing the Current Easiness Portfolio
» Conflict Between Departments
» Marketing Strategies for Competitive Advantage
» Principal actors in the company's
» • Persistence of Cultural Values
» McDonald's; Breaking into the South African Market
» Analysis of International Market Opportunity Deciding Whether or Not to Go Abroad
» Understanding the Global Environment
» Procter & Gamble: Going Global in Cosmetics
» Sheba: The Pet's St Valentines Day Pedro Quclhas Brito, Universidade do Porto, Portugal
» Individual Differences in Innovativcncss
» Influence of Product Characteristics on Rate of Adoption
» Selling Business Jets: The Ultimate Executive Toy
» • Systems Buying and Selling
» • Strong Influences on Government Buyers
» TABI.EI GOVERNMENT CODES OF PRACTICE IN VARIOUS COUNTRIES
» Qantas: Taking Off in Tomorrow's Market
» • Defining the Problem and Research Objectives
» CLOSEDEND QUESTIONS NAME DESCRIPTION
» Estimating Total Market Demand
» Estimating Actual Sales and Market Shares
» TimeSeries Analysis technology.
» Segmenting International Markets
» • Selecting Market, Segments
» 2 VOLUME BRAND SHARES (%) BRAND SHARE CoffeeMate total: 55.5
» 7 CONSUMPTION BY HOUSEHOLD SIZE (PER PERSON/WEEK)
» Preview Case Gastrol: Liquid Engineering
» Determine the Competitors'Positions One way of defining competitors is to look at
» Communicating and Delivering the Chosen Position
» The Need for Customer Retention
» The Ultimate Test: Customer Profitability
» 1 POTENTIAL PRODUCT FIELDS FOR AN EXPANSION OP THE UNCLE BEN'S BRAND
» 2 VARIETIES OF UNCLE BEN'S FEINSCHMECKER SAUCE
» Federal Express: Losing a Packet in Europe
» Close or Distant Competitors
» • Expanding the Total Market
» • The Customer Service Department
» What Governs NewProduct Success?
» Lufthansa: Listening lo Customers
» Managing Productivity CU _ C7 ^ •
» Mattel: Getting it Right is No Child's Play
» Internal Factors Affecting Pricing Decisions
» • BreakEven Analysis and Target Profit Pricing
» 1 CAR OWNERSHIP ACROSS THE EUROPEAN UNION
» Mobile Phones: Even More Mobile Customers
» Stena Sealink versus Le Shuttle, Eurostar and the Rest
» Preview Case British Home Stores
» • Selecting the Message Source
» Setting the Total Promotion Budget
» Factors in Setting the Promotion Mix
» Integrated Marketing Communications
» Setting the Advertising Budget
» • Selecting Advertising Media
» Standardization or Differentiation
» Media Planning, Buying and Costs
» IBM Restructures the Sales Force
» • Other Sales Force Strategy and Structure Issues
» 5 per cent sales elite apart from the rest is 'an astounding 60 per cent [are] just there for the
» Britcraft Jetprop: Whose Sale is it Anyhow? 1
» 1 COMMERCIAL SUCCESS OF THE JETPROP AIRCRAFT, 1992 NUMBER OF CONTINENT
» 1 PANEUROPEAN CONSUMER GROUPS
» Analyzing Customer Service Needs
» Defining the Channel Objectives and Constraints
» Identifying Major Alternatives
» Designing International Distribution Channels
» Evaluating and Controlling Channel Members
» • Building Channel Partnerships
» The Growth of Direct Marketing
» Customer Databases arid Direct Marketing
» DirectResponse Television Marketing
» Online Marketing and Electronic Commerce
» Germany, the UK and other countries in Europe 1997 to SI.64 billion or 7.5 per cent of global
» • Creating an Electronic Storefront
» • Participating in Forums, Newsgroups and IVcb Communities
» • The Promise and Challenges of Online Marketing
» Roberto Alvarez del Blanco and Jeff Rapaport*
Show more