Finance:Comparison goods
From HandWiki
In retail economics and geography, comparison goods are products which are usually higher value[1] and purchased infrequently, such as vehicles, household goods or clothing.[1][2] Consumers tend to compare products before purchasing them to maximise value and quality.[1][2] They are contrasted with convenience goods, which are purchased frequently and are usually low value (such as food).[1] Shops offering comparison goods are often clustered in central business districts or in out-of-town retail centres, where retailers can compete over their offers.[1][2]
References
- ↑ 1.0 1.1 1.2 1.3 1.4 "How and why is retail changing?", BBC Bitesize. Retrieved 26 August 2020.
- ↑ 2.0 2.1 2.2 "Comparison goods" , BusinessDictionary. Retrieved 26 August 2020.
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