Types of Products (Consumer Products and Industrial Products) Explained

Types of Products

A product is something that is offered to the market either for consumption or reselling purposes. The product can be a tangible item like clothes, rice, etc. as well as an intangible item like consulting or delivery service. Now, let’s understand the different types of products found in the market. Types of Products Generally, every … Read more

What is a Consumer Product? Definition, Types, Characteristics, and Examples

Consumer Product

What is Consumer Product? A consumer product, also called consumer goods is a product that is purchased for consumption purposes by consumers. Consumer products are specially designed for daily consumption by an individual person or household. Consumer goods are either purchased for personal use or household consumption, not for the resell purpose. Examples of consumer … Read more