Question

What is the definition of convenience goods?

Answer 1

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.

Answer 2

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.