202k views
5 votes
What is the definition of convenience goods?

User Toonice
by
8.2k points

2 Answers

3 votes
Convenience goods are goods that are usually widely-distributed, easily accessible, purchased frequently, and relatively inexpensive. They have a constant demand. These include things like soap, toothpaste, gum, and candy. A helpful way to remember this definition is that some of these goods are often found in convenience stores.
User Bdk
by
7.8k points
3 votes
A convenience good is a consumer item that is widely available and purchased frequently with minimal effort. These items are readily available for people to purchase.
User Brady
by
7.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.