Ask Question
BusinessBusiness
15 November, 13:20

Specifically, what kind of product is a buyer considering purchasing when the item is expensive and for personal use, and the buyer reviews brochures for the product, searches information about the product on-line, compares products, and reviews warranties between different stores and brands?

+5
Answers (2)
  1. 15 November, 13:36
    0
    Shopping product

    Explanation:

    Shopping product is one of the four types of consumer products. Others convenience product, unsought product and specialty product.

    Shopping products are products bought occasionally by buyers. Before consumers buys any products, they often times compare price, quality and brands with other products.

    In shopping product, consumers spend much of their time comparing products of different brands which is aimed at getting value for their money.

    Examples of shopping products are electronics, airline tickets, phones, etc.
  2. 15 November, 13:37
    0
    shopping product

    Explanation:

    Shopping products are those that consumers buy only after comparing price, quality, and style from several different sellers. This type of products are not purchased frequently, so the consumers take their time in order to gather the largest amount of information available before making their decision.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Specifically, what kind of product is a buyer considering purchasing when the item is expensive and for personal use, and the buyer reviews ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Johnson works in a retail store and updates all the sales records by the end of the day. He needs to send the weekly sales report to his supervisor.
Answers (1)
Which of these statements from the advertisement are facts? Check all that apply. Sample advertisement: Lose body fat and feel healthier with our proven supplement, Edgozene! Losing weight is easy with Edgozene! Just take two pills before each meal.
Answers (2)
What should be the primary goal of a financial manager?
Answers (1)
A truck costing $110,000 was destroyed when its engine caught fire. At the date of the fire, the accumulated depreciation on the truck was $50,000. An insurance check for $125,000 was received based on the replacement cost of the truck.
Answers (1)
Noah owned a cottage on the lake that he bought in year 1. in year 2, he rented the cottage for 10 days to a stranger and used the cottage for 20 days for his own personal use. the cottage was not used the rest of the year.
Answers (1)
New Questions in Business
Ten Pins Manufacturing has 9 million shares of common stock outstanding. The current share price is $81, and the book value per share is $8. The company also has two bond issues outstanding.
Answers (1)
The higher the price of an antique, the greater people's expectation that the object is rare. That, in turn, makes the antique appear more valuable. If the statements above are correct, then offering an antique for sale at a bargain price:
Answers (1)
Elmer received the following distributions from Virginiana Mutual Fund for the calendar year 2019: Ordinary dividends $250 Capital gain distributions $170 Nontaxable distributions $80 Elsie, Elmer's wife, did not own any of the Virginiana Mutual
Answers (1)
Ocean Vessels, Inc., and Pacific Harbor Company enter into a contract for a sale of a boat. Ocean is a merchant who deals in goods of the kind sold. The goods are defective. Under the UCC, the implied warranty of merchantability is breached a.
Answers (1)
If it is known that the income elasticity of demand for the same good is 2.5, estimate the percentage change in demand if consumer income increases from $100 to $300.
Answers (1)
Home » Business » Specifically, what kind of product is a buyer considering purchasing when the item is expensive and for personal use, and the buyer reviews brochures for the product, searches information about the product on-line, compares products, and reviews
Sign Up Forgot Password?