Re: [ vuZs.net ] MKT501- Answer Required

Yes, it is speciality goods. Now I got it. 

Speciality goods are also used frequently but we want some thing unique. That's why are high priced.

Thank you Zubair Bro :)

On Fri, Jan 27, 2012 at 6:38 PM, Misbah Yousuf <mc080404066@vu.edu.pk> wrote:

But, what is meant by this???

What I understand is that convenience but branded goods will be high priced.

Convenience stores are usually more expensive than regular supermarkets, which they make up for with greater convenience by existing at more locations and having shorter cashier lines.

A convenience store, corner store, corner shop, commonly called a bodega in Spanish-speaking areas of the United States (in New York City any convenience store is referred to as a bodega),^[1] is a small store or shop in a built up area that stocks a range of everyday items such as groceries, toiletries, alcoholic and soft drinks, tobacco products, newspapers and may also offer money order and wire transfer services. 

On Fri, Jan 27, 2012 at 12:23 PM, mc100400628 Khuaja Salman fiaz <mc100400628@vu.edu.pk> wrote:

Definition for impulse goods

goods which are purchased quickly because of a sudden urge to have them. See Convenience Goods

On Fri, Jan 27, 2012 at 12:15 PM, Zubair Hussain <zubair@vuzs.net> wrote:

http://www.businessdictionary.com/definition/specialty-good.html

Just think you buy branded perfume it will be expensive but you use it almost daily.
Same is true for designer cloths and cars

So I think its speciality goods

These cannot be impulse goods

http://www.businessdictionary.com/definition/impulse-goods.html

On Jan 27, 2012 7:48 AM, "Misbah Yousuf" <mc080404066@vu.edu.pk> wrote:

Typically high priced and frequently used branded are: 

 

►Impulse goods 

►Convenient goods 

►Shopping goods 

►Specialty good

Convenient goods are used frequently but they are not high priced rather they are low priced and speciality goods are high priced but not used frequently. 

Shopping  goods neither frequently used nor low priced.  

So, are they impulse goods?

Please remove my confusion.

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Regards, 

Misbah Yousuf

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Misbah Yousuf

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Regards, 

Misbah Yousuf

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