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Consumer
Goods - Coggle Diagram
Consumer
Goods
Classification
E
Coffee, Mie Sakura, Cheap Shirt from ITC
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D
Indomie, Groceries, Lightbulb
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C
Aerostreet, Honda Beat, Xiaomi,
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B
Laptop,Fast Food, Flatscreen TV, Car
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A
Mansions, Ferrari, Iphone, Healthcare
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Definition
A consumer good, a ‘final good’, is the end product of a business produces and is purchased by the consumer. It is created to meet consumer needs. Consumer products reached the final stage in the supply chain and are ready for consumer purchase at retailers or e-commerce sites. Consumer goods companies sell these products as final products or final goods; they are not components of a final product. Raw materials or components, such as wood or plastic, are not consumer goods.
Consumer goods are divided into three categories: durable
goods, nondurable goods, and services.
Durable Goods
Durable Goods is the type of product that can be used by consumer through long period of time without needing a change. This type of product usually going to last for years.
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Non-Durable Goods
Non-Durable Goods is a prooduct that can be used only in a small time period, because they can expire if not used immediately.
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Services
Services is an intangible product or for-hire service that a consumer pays for is a consumer good. a product that involving their consumer directly through their product
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