Final answer:
Products are matched to consumer types with luxury watches as Specialty goods, grocery items as Convenience goods, smartphones as Shopping goods, and life insurance as Unsought goods.
Step-by-step explanation:
When matching real-life products to their appropriate consumer product types, we consider the buying behavior, nature of the product, and the purchasing process involved. Here are the matches:
- Luxury watches designed for specific collectors - A. Specialty goods/services
- Grocery items like bread and milk - C. Convenience goods/services
- Smartphones with various features and options - B. Shopping goods/services
- Life insurance policies marketed to young adults - D. Unsought goods/services
Specialty goods/services, like luxury watches for collectors, are unique and often expensive products or services that consumers make special efforts to buy. Convenience goods/services, such as bread and milk, are bought frequently with minimal thought and effort. Shopping goods/services involve more consideration, such as comparing features and prices of smartphones. Unsought goods/services, like life insurance policies, are typically not thought about by consumers until the product is brought to their attention, possibly through advertising.