Question

When Carolina is in the grocery store buying milk for her children, she picks up a tube of toothpaste at the same time. The toothpaste, a relatively inexpensive item that merits little shopping effort, is called a(n) _______.

Answer 1

A relatively inexpensive item that merits little shopping effort, is called Convenience product.

What is the Product?

Product refers to the finished goods or the material that has been converted from the raw material to fulfill the needs of the customer. There are four types of product i.e. convenience goods, shopping goods, specialty products, and unsought goods.

Convenience product is that type of the product which can be purchased with the minimal efforts because it is cheap in value and can be purchased frequently.

In the above case, Carolina picks up the toothpaste which is the example of the Convenience product.

Learn more about Convenience product here:

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