Types of Consumer Offerings Flashcards

1
Q

How many consumer offerings are there?

A

4

  • Convenience Offerings
  • Shopping Offerings
  • Specialty Offerings
  • Unsought Offerings
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2
Q

Convenience Offerings

A

products and services consumers don’t generally want to put much effort into shopping for because they see little difference between competing brands

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3
Q

Shopping Offerings

A

The consumer will make an effort to compare and select a brand and believe that there are differences between offerings and want to find the right one at the best price

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4
Q

Specialty Offerings

A

Highly differentiated offerings and the brands under which they are marketed are very different across companies too

  • Purchased less frequently than convenience offerings
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5
Q

Unsought Offerings

A

Those that buyers do not generally want to have to shop for until they need them

  • ex. funeral services
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