what are goods that consumers buy after making some effort to gather information and compare options

specialty goods
raw materials
convenience goods
shopping goods

1 answer

Shopping goods are goods that consumers buy after making some effort to gather information and compare options. They are typically more expensive and require more consideration before purchase. Examples of shopping goods include:

1. Electronics: Consumers usually research and compare different brands, features, and prices before buying products like smartphones, laptops, or cameras.
2. Furniture: Shopping for furniture often involves visiting various stores, comparing different styles, sizes, prices, and materials before making a purchase decision.
3. Cars: Consumers may spend time researching different models, brands, features, and prices of cars before making a purchase.
4. Appliances: For appliances such as refrigerators, washing machines, or televisions, consumers often gather information, compare specifications, read reviews, and compare prices before deciding which one to buy.
5. Clothing and footwear: Consumers may try on different clothes or shoes, compare prices, quality, and style options before making a purchase.

Ultimately, shopping goods require consumers to actively seek information, compare alternative options, and make thoughtful decisions based on their preferences and needs.
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