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Final good - Wikipedia
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id="toc-Shopping_consumer_goods" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Shopping_consumer_goods"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.2</span> <span>Shopping consumer goods</span> </div> </a> <ul id="toc-Shopping_consumer_goods-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Specialty_consumer_goods" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Specialty_consumer_goods"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.3</span> <span>Specialty consumer goods</span> </div> </a> <ul id="toc-Specialty_consumer_goods-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Unsought_consumer_goods" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Unsought_consumer_goods"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.4</span> <span>Unsought consumer goods</span> </div> </a> <ul id="toc-Unsought_consumer_goods-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Mergers_and_acquisitions" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Mergers_and_acquisitions"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Mergers and acquisitions</span> </div> </a> <ul id="toc-Mergers_and_acquisitions-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet 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href="https://de.wikipedia.org/wiki/Konsumgut" title="Konsumgut – German" lang="de" hreflang="de" data-title="Konsumgut" data-language-autonym="Deutsch" data-language-local-name="German" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-et mw-list-item"><a href="https://et.wikipedia.org/wiki/Tarbekaubad" title="Tarbekaubad – Estonian" lang="et" hreflang="et" data-title="Tarbekaubad" data-language-autonym="Eesti" data-language-local-name="Estonian" class="interlanguage-link-target"><span>Eesti</span></a></li><li class="interlanguage-link interwiki-eu mw-list-item"><a href="https://eu.wikipedia.org/wiki/Kontsumo-produktu" title="Kontsumo-produktu – Basque" lang="eu" hreflang="eu" data-title="Kontsumo-produktu" data-language-autonym="Euskara" data-language-local-name="Basque" class="interlanguage-link-target"><span>Euskara</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%DA%A9%D8%A7%D9%84%D8%A7%DB%8C_%D9%86%D9%87%D8%A7%DB%8C%DB%8C" title="کالای نهایی – Persian" lang="fa" hreflang="fa" data-title="کالای نهایی" data-language-autonym="فارسی" data-language-local-name="Persian" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/Bien_de_consommation" title="Bien de consommation – French" lang="fr" hreflang="fr" data-title="Bien de consommation" data-language-autonym="Français" data-language-local-name="French" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%EC%86%8C%EB%B9%84%EC%9E%AC" title="소비재 – Korean" lang="ko" hreflang="ko" data-title="소비재" data-language-autonym="한국어" data-language-local-name="Korean" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-hi mw-list-item"><a href="https://hi.wikipedia.org/wiki/%E0%A4%85%E0%A4%A8%E0%A5%8D%E0%A4%A4%E0%A4%BF%E0%A4%AE_%E0%A4%B5%E0%A4%B8%E0%A5%8D%E0%A4%A4%E0%A5%81" title="अन्तिम वस्तु – Hindi" lang="hi" hreflang="hi" data-title="अन्तिम वस्तु" data-language-autonym="हिन्दी" data-language-local-name="Hindi" class="interlanguage-link-target"><span>हिन्दी</span></a></li><li class="interlanguage-link interwiki-id mw-list-item"><a href="https://id.wikipedia.org/wiki/Barang_jadi" title="Barang jadi – Indonesian" lang="id" hreflang="id" data-title="Barang jadi" data-language-autonym="Bahasa Indonesia" data-language-local-name="Indonesian" class="interlanguage-link-target"><span>Bahasa Indonesia</span></a></li><li class="interlanguage-link interwiki-it mw-list-item"><a href="https://it.wikipedia.org/wiki/Bene_di_consumo" title="Bene di consumo – Italian" lang="it" hreflang="it" data-title="Bene di consumo" data-language-autonym="Italiano" data-language-local-name="Italian" class="interlanguage-link-target"><span>Italiano</span></a></li><li class="interlanguage-link interwiki-he mw-list-item"><a href="https://he.wikipedia.org/wiki/%D7%9E%D7%95%D7%A6%D7%A8_%D7%A6%D7%A8%D7%99%D7%9B%D7%94" title="מוצר צריכה – Hebrew" lang="he" hreflang="he" data-title="מוצר צריכה" data-language-autonym="עברית" data-language-local-name="Hebrew" class="interlanguage-link-target"><span>עברית</span></a></li><li class="interlanguage-link interwiki-ms mw-list-item"><a href="https://ms.wikipedia.org/wiki/Barangan_pengguna" title="Barangan pengguna – Malay" lang="ms" hreflang="ms" data-title="Barangan pengguna" data-language-autonym="Bahasa Melayu" data-language-local-name="Malay" class="interlanguage-link-target"><span>Bahasa Melayu</span></a></li><li class="interlanguage-link interwiki-nl mw-list-item"><a href="https://nl.wikipedia.org/wiki/Consumptiegoed" title="Consumptiegoed – Dutch" lang="nl" hreflang="nl" data-title="Consumptiegoed" data-language-autonym="Nederlands" data-language-local-name="Dutch" class="interlanguage-link-target"><span>Nederlands</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E6%9C%80%E7%B5%82%E8%B2%A1" title="最終財 – Japanese" lang="ja" hreflang="ja" data-title="最終財" data-language-autonym="日本語" data-language-local-name="Japanese" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-no mw-list-item"><a href="https://no.wikipedia.org/wiki/Konsumvare" title="Konsumvare – Norwegian Bokmål" lang="nb" hreflang="nb" data-title="Konsumvare" data-language-autonym="Norsk bokmål" data-language-local-name="Norwegian Bokmål" class="interlanguage-link-target"><span>Norsk bokmål</span></a></li><li class="interlanguage-link interwiki-uz mw-list-item"><a href="https://uz.wikipedia.org/wiki/Iste%CA%BCmol_tovarlari" title="Isteʼmol tovarlari – Uzbek" lang="uz" hreflang="uz" data-title="Isteʼmol tovarlari" data-language-autonym="Oʻzbekcha / ўзбекча" data-language-local-name="Uzbek" class="interlanguage-link-target"><span>Oʻzbekcha / ўзбекча</span></a></li><li class="interlanguage-link interwiki-ps mw-list-item"><a href="https://ps.wikipedia.org/wiki/%D9%85%D8%B5%D8%B1%D9%81%D9%8A_%D8%AA%D9%88%DA%A9%D9%8A" title="مصرفي توکي – Pashto" lang="ps" hreflang="ps" data-title="مصرفي توکي" data-language-autonym="پښتو" data-language-local-name="Pashto" class="interlanguage-link-target"><span>پښتو</span></a></li><li class="interlanguage-link interwiki-pl mw-list-item"><a href="https://pl.wikipedia.org/wiki/Dobra_konsumpcyjne" title="Dobra konsumpcyjne – Polish" lang="pl" hreflang="pl" data-title="Dobra konsumpcyjne" data-language-autonym="Polski" data-language-local-name="Polish" class="interlanguage-link-target"><span>Polski</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/Bem_de_consumo" title="Bem de consumo – Portuguese" lang="pt" hreflang="pt" data-title="Bem de consumo" data-language-autonym="Português" data-language-local-name="Portuguese" class="interlanguage-link-target"><span>Português</span></a></li><li class="interlanguage-link interwiki-ro mw-list-item"><a href="https://ro.wikipedia.org/wiki/Bun_final" title="Bun final – Romanian" lang="ro" hreflang="ro" data-title="Bun final" data-language-autonym="Română" data-language-local-name="Romanian" class="interlanguage-link-target"><span>Română</span></a></li><li class="interlanguage-link interwiki-ru mw-list-item"><a href="https://ru.wikipedia.org/wiki/%D0%9F%D0%BE%D1%82%D1%80%D0%B5%D0%B1%D0%B8%D1%82%D0%B5%D0%BB%D1%8C%D1%81%D0%BA%D0%B8%D0%B5_%D1%82%D0%BE%D0%B2%D0%B0%D1%80%D1%8B" title="Потребительские товары – Russian" lang="ru" hreflang="ru" data-title="Потребительские товары" data-language-autonym="Русский" data-language-local-name="Russian" class="interlanguage-link-target"><span>Русский</span></a></li><li class="interlanguage-link interwiki-simple mw-list-item"><a href="https://simple.wikipedia.org/wiki/Consumer_goods" title="Consumer goods – Simple English" lang="en-simple" hreflang="en-simple" data-title="Consumer goods" data-language-autonym="Simple English" data-language-local-name="Simple English" class="interlanguage-link-target"><span>Simple English</span></a></li><li class="interlanguage-link interwiki-fi mw-list-item"><a href="https://fi.wikipedia.org/wiki/Kulutustavara" title="Kulutustavara – Finnish" lang="fi" hreflang="fi" data-title="Kulutustavara" data-language-autonym="Suomi" data-language-local-name="Finnish" class="interlanguage-link-target"><span>Suomi</span></a></li><li class="interlanguage-link interwiki-sv mw-list-item"><a href="https://sv.wikipedia.org/wiki/Konsumtionsvaror" title="Konsumtionsvaror – Swedish" lang="sv" hreflang="sv" data-title="Konsumtionsvaror" data-language-autonym="Svenska" data-language-local-name="Swedish" class="interlanguage-link-target"><span>Svenska</span></a></li><li class="interlanguage-link interwiki-th mw-list-item"><a href="https://th.wikipedia.org/wiki/%E0%B8%AA%E0%B8%B4%E0%B8%99%E0%B8%84%E0%B9%89%E0%B8%B2%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B9%82%E0%B8%A0%E0%B8%84" title="สินค้าบริโภค – Thai" lang="th" hreflang="th" data-title="สินค้าบริโภค" data-language-autonym="ไทย" data-language-local-name="Thai" class="interlanguage-link-target"><span>ไทย</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/T%C3%BCketim_mal%C4%B1" title="Tüketim malı – Turkish" lang="tr" hreflang="tr" data-title="Tüketim malı" data-language-autonym="Türkçe" data-language-local-name="Turkish" class="interlanguage-link-target"><span>Türkçe</span></a></li><li class="interlanguage-link interwiki-uk mw-list-item"><a href="https://uk.wikipedia.org/wiki/%D0%A1%D0%BF%D0%BE%D0%B6%D0%B8%D0%B2%D1%87%D1%96_%D1%82%D0%BE%D0%B2%D0%B0%D1%80%D0%B8" title="Споживчі товари – Ukrainian" lang="uk" hreflang="uk" data-title="Споживчі товари" data-language-autonym="Українська" data-language-local-name="Ukrainian" class="interlanguage-link-target"><span>Українська</span></a></li><li class="interlanguage-link interwiki-vec mw-list-item"><a href="https://vec.wikipedia.org/wiki/Ben_fina%C5%82e_(economia)" title="Ben finałe (economia) – Venetian" lang="vec" hreflang="vec" data-title="Ben finałe (economia)" data-language-autonym="Vèneto" data-language-local-name="Venetian" class="interlanguage-link-target"><span>Vèneto</span></a></li><li class="interlanguage-link interwiki-vi mw-list-item"><a href="https://vi.wikipedia.org/wiki/H%C3%A0ng_d%C3%A2n_d%E1%BB%A5ng" title="Hàng dân dụng – Vietnamese" lang="vi" hreflang="vi" data-title="Hàng dân dụng" data-language-autonym="Tiếng Việt" data-language-local-name="Vietnamese" class="interlanguage-link-target"><span>Tiếng Việt</span></a></li><li class="interlanguage-link interwiki-zh mw-list-item"><a href="https://zh.wikipedia.org/wiki/%E5%88%B6%E6%88%90%E5%93%81" title="制成品 – Chinese" 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class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle"><span class="mw-redirectedfrom">(Redirected from <a href="/w/index.php?title=Consumer_product&redirect=no" class="mw-redirect" title="Consumer product">Consumer product</a>)</span></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">Commodity which is produced and subsequently consumed by the consumer</div> <style data-mw-deduplicate="TemplateStyles:r1251242444">.mw-parser-output .ambox{border:1px solid #a2a9b1;border-left:10px solid #36c;background-color:#fbfbfb;box-sizing:border-box}.mw-parser-output .ambox+link+.ambox,.mw-parser-output .ambox+link+style+.ambox,.mw-parser-output .ambox+link+link+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+.ambox,.mw-parser-output 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class="mbox-text"><div class="mbox-text-span">This article <b>needs additional citations for <a href="/wiki/Wikipedia:Verifiability" title="Wikipedia:Verifiability">verification</a></b>.<span class="hide-when-compact"> Please help <a href="/wiki/Special:EditPage/Final_good" title="Special:EditPage/Final good">improve this article</a> by <a href="/wiki/Help:Referencing_for_beginners" title="Help:Referencing for beginners">adding citations to reliable sources</a>. Unsourced material may be challenged and removed.<br /><small><span class="plainlinks"><i>Find sources:</i> <a rel="nofollow" class="external text" href="https://www.google.com/search?as_eq=wikipedia&q=%22Final+good%22">"Final good"</a> – <a rel="nofollow" class="external text" href="https://www.google.com/search?tbm=nws&q=%22Final+good%22+-wikipedia&tbs=ar:1">news</a> <b>·</b> <a rel="nofollow" class="external text" href="https://www.google.com/search?&q=%22Final+good%22&tbs=bkt:s&tbm=bks">newspapers</a> <b>·</b> <a rel="nofollow" class="external text" href="https://www.google.com/search?tbs=bks:1&q=%22Final+good%22+-wikipedia">books</a> <b>·</b> <a rel="nofollow" class="external text" href="https://scholar.google.com/scholar?q=%22Final+good%22">scholar</a> <b>·</b> <a rel="nofollow" class="external text" href="https://www.jstor.org/action/doBasicSearch?Query=%22Final+good%22&acc=on&wc=on">JSTOR</a></span></small></span> <span class="date-container"><i>(<span class="date">January 2014</span>)</i></span><span class="hide-when-compact"><i> (<small><a href="/wiki/Help:Maintenance_template_removal" title="Help:Maintenance template removal">Learn how and when to remove this message</a></small>)</i></span></div></td></tr></tbody></table> <p>A <b>final good</b> or <b>consumer good</b> is a <a href="/wiki/Final_product" title="Final product">final product</a> ready for sale that is used by the <a href="/wiki/Consumer" title="Consumer">consumer</a> to satisfy current wants or needs, unlike an <a href="/wiki/Intermediate_good" title="Intermediate good">intermediate good</a>, which is used to produce other goods. A <a href="/wiki/Microwave_oven" title="Microwave oven">microwave oven</a> or a <a href="/wiki/Bicycle" title="Bicycle">bicycle</a> is a final good. </p><p>When used in <a href="/wiki/Measures_of_national_income_and_output" title="Measures of national income and output">measures of national income and output</a>, the term "final goods" includes only new goods. For example, <a href="/wiki/Gross_domestic_product" title="Gross domestic product">gross domestic product</a> (GDP) excludes items counted in an earlier year to prevent <a href="/wiki/Double_counting_(accounting)" title="Double counting (accounting)">double counting</a> based on resale of items. In that context, the economic definition of goods also includes what are commonly known as <i><a href="/wiki/Service_(economics)" title="Service (economics)">services</a></i>. </p> <figure typeof="mw:File/Thumb"><a href="/wiki/File:Weibolu.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/8/89/Weibolu.jpg/250px-Weibolu.jpg" decoding="async" width="250" height="188" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/89/Weibolu.jpg/375px-Weibolu.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/89/Weibolu.jpg/500px-Weibolu.jpg 2x" data-file-width="1152" data-file-height="864" /></a><figcaption>A microwave oven, <abbr title="circa">c.</abbr><span style="white-space:nowrap;"> 2005</span>: an example of a final good or consumer good</figcaption></figure> <p><a href="/wiki/Manufacturing" title="Manufacturing">Manufactured goods</a> are goods that have been processed in any way. They are distinct from <a href="/wiki/Raw_material" title="Raw material">raw materials</a>, but include both intermediate goods and final goods. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Law">Law</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Final_good&action=edit&section=1" title="Edit section: Law"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div><p> There are legal definitions. For example, the United States' <a href="/wiki/Consumer_Product_Safety_Act" title="Consumer Product Safety Act">Consumer Product Safety Act</a> has an extensive definition of <b>consumer product</b>, which begins:<br /></p><blockquote> <p>CONSUMER PRODUCT.--The term ‘‘consumer product’’ means any article, or component part thereof, produced or distributed (i) for sale to a consumer for use in or around a permanent or temporary household or residence, a <a href="/wiki/School" title="School">school</a>, in recreation, or otherwise, or (ii) for the personal use, consumption or enjoyment of a consumer in or around a permanent or temporary household or residence, a school, in recreation, or otherwise; but such term does not include— (A) any article which is not customarily produced or distributed for sale to, or use or consumption by, or enjoyment of, a consumer, </p> </blockquote> <p>It then goes on to list eight additional specific exclusions and further details.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Durability">Durability</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Final_good&action=edit&section=2" title="Edit section: Durability"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Final goods can be classified into the following categories: </p> <ol><li><a href="/wiki/Durable_goods" class="mw-redirect" title="Durable goods">Durable goods</a></li> <li><a href="/wiki/Consumables" title="Consumables">Nondurable goods</a></li> <li>Services</li></ol> <p>Consumer durable goods usually have a significant <a href="/wiki/Product_lifespan" class="mw-redirect" title="Product lifespan">lifespan</a>, which tends to be at least one year, based on the guarantee or warranty period. The maximum life depends upon the durability of the product or goods. Examples include tools, cars, and boats. On the other hand, <a href="/wiki/Capital_good" class="mw-redirect" title="Capital good">capital goods</a>, which are tangible in nature, such as machinery or building or any other equipment that can be used in manufacturing of final product, are durable goods with limited lifespans that are determined by manufacturers before their sale. The longevity and the often-higher cost of durable goods usually cause consumers to postpone expenditures on them, which makes durables the most volatile (or cost-dependent) component of consumption. </p><p>Consumer nondurable goods are purchased for immediate use or for use very soon. Generally, the lifespan of nondurable goods is from a few minutes to up to three years: food, beverages, clothing, shoes and gasoline are examples. In everyday language, nondurable goods get consumed or "used up". </p><p>Consumer services are intangible in nature. They cannot be seen, felt or tasted by the consumer but still give satisfaction to the consumer. They are also inseparable and variable in nature: they are thus produced and consumed simultaneously. Examples are haircuts, medical treatments, auto repairs and landscaping. </p> <div class="mw-heading mw-heading2"><h2 id="Buying_habits">Buying habits</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Final_good&action=edit&section=3" title="Edit section: Buying habits"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Final goods can be classified into the following categories, which are determined by consumers' buying habits: </p> <ol><li>Convenience goods</li> <li>Shopping goods</li> <li><a href="/wiki/Speciality_goods" title="Speciality goods">Specialty goods</a></li> <li><a href="/wiki/Unsought_goods" title="Unsought goods">Unsought goods</a></li></ol> <p>Convenience goods, shopping goods, and specialty goods are also known as "red goods", "yellow goods", and "orange goods", respectively, under the <a href="/wiki/Yellow,_red_and_orange_goods" title="Yellow, red and orange goods">yellow, red and orange goods</a> classification system. </p> <div class="mw-heading mw-heading3"><h3 id="Convenience_goods">Convenience goods</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Final_good&action=edit&section=4" title="Edit section: Convenience goods"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Convenience goods are regularly consumed and easily available. Generally, convenience goods come in the category of nondurable goods such as fast foods, cigarettes and tobacco with low value. Convenience goods are sold mostly by wholesalers or retailers to make them available to the consumers in goods or large volume. Convenience goods can further be divided into staple convenience consumer goods and impulse convenience consumer goods. </p><p>Staple convenience consumer goods are the basic necessities of the consumer. These goods are easily available and in large quantity: milk, bread, sugar, etc. </p><p>Impulse convenience consumer goods do not belong to the priority list of the consumer. They are purchased without any prior planning, just on the basis of the <a href="/wiki/Impulse_buying" class="mw-redirect" title="Impulse buying">impulse</a>: potato wafers, candies, ice creams, cold drinks, etc. </p> <div class="mw-heading mw-heading3"><h3 id="Shopping_consumer_goods">Shopping consumer goods</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Final_good&action=edit&section=5" title="Edit section: Shopping consumer goods"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Shopping consumer goods are the goods which take lot of time and proper planning before making purchase decision; in this case consumer does a lot of selection and comparison based on various parameters such as cost, brand, style, comfort etc., before buying an item. Shopping goods are costlier than convenience goods and are durable in nature. Consumer goods companies usually try to set up their shops and show rooms in active shopping areas to attract customer attention and their main focus is to do much advertising and promotion to attract more customers. </p><p>Examples include clothing items, televisions, radios, footwear, home furnishings, etc. </p> <div class="mw-heading mw-heading3"><h3 id="Specialty_consumer_goods">Specialty consumer goods</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Final_good&action=edit&section=6" title="Edit section: Specialty consumer goods"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Specialty goods are unique in nature; these are unusual and luxurious items available in the market. Specialty goods are mostly purchased by the upper classes of society as they are expensive in nature and difficult to afford for the middle and lower classes. Companies advertise their goods targeting the upper class. These goods do not fall under the category of necessity; rather they are purchased on the basis personal preference or desire. Brand name, uniqueness, and special features of an item are major attributes which attract customers and make them buy such products. </p><p>Examples include antiques, jewelry, wedding dresses, cars, etc. </p> <div class="mw-heading mw-heading3"><h3 id="Unsought_consumer_goods">Unsought consumer goods</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Final_good&action=edit&section=7" title="Edit section: Unsought consumer goods"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Unsought goods belong to neither the necessity group of consumer goods list nor to specialty goods. They are always available in the market but are purchased by very few consumers, either based on their interest or their need for some specific reasons. The general public does not purchase such goods often. </p><p>Examples include <a href="/wiki/Snowshoe" title="Snowshoe">snowshoes</a>, <a href="/wiki/Fire_extinguisher" title="Fire extinguisher">fire extinguishers</a>, <a href="/wiki/Flood_insurance" title="Flood insurance">flood insurance</a>, etc. </p> <div class="mw-heading mw-heading2"><h2 id="Mergers_and_acquisitions">Mergers and acquisitions</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Final_good&action=edit&section=8" title="Edit section: Mergers and acquisitions"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In the consumer product sector, there have been 107,891 deals announced between 1985 and 2018, which cumulates to a total value of around US$5,835 billion. 2007 was the year with the largest value (US$4,888 billion) followed by a steep slump in 2009 (-70.9%).<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> After the first wave in 2007, now is the second big M&A wave in the consumer products sector, and a decline is expected. </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Final_good&action=edit&section=9" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Back-story_(production)" title="Back-story (production)">Back-story (production)</a></li> <li><a href="/wiki/Fast-moving_consumer_goods" title="Fast-moving consumer goods">Fast-moving consumer goods</a></li> <li><a href="/wiki/Product/process_distinction" title="Product/process distinction">Product/process distinction</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Final_good&action=edit&section=10" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output 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.cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20130108013219/https://www.cpsc.gov/businfo/cpsa.pdf">"Consumer Product Safety Act"</a> <span class="cs1-format">(PDF)</span>. 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Retrieved <span class="nowrap">2013-05-09</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Consumer+Product+Safety+Act&rft_id=http%3A%2F%2Fwww.cpsc.gov%2Fbusinfo%2Fcpsa.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFinal+good" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://imaa-institute.org/m-and-a-by-industries/">"M&A by Industries"</a>. <i>Institute for Mergers, Acquisitions and Alliances</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20201103171956/https://imaa-institute.org/m-and-a-by-industries/">Archived</a> from the original on 2020-11-03<span class="reference-accessdate">. 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a>span,.mw-parser-output .navbar a>abbr{text-decoration:inherit}.mw-parser-output .navbar-mini abbr{font-variant:small-caps;border-bottom:none;text-decoration:none;cursor:inherit}.mw-parser-output .navbar-ct-full{font-size:114%;margin:0 7em}.mw-parser-output .navbar-ct-mini{font-size:114%;margin:0 4em}html.skin-theme-clientpref-night .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}@media(prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}}@media print{.mw-parser-output .navbar{display:none!important}}</style><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Types_of_goods" title="Template:Types of goods"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Types_of_goods" title="Template talk:Types of goods"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Types_of_goods" title="Special:EditPage/Template:Types of goods"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Types_of_goods" style="font-size:114%;margin:0 4em">Types of <a href="/wiki/Goods" title="Goods">goods</a></div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Anti-rival_good" title="Anti-rival good">Anti-rival goods</a></li> <li><a href="/wiki/Capital_good" class="mw-redirect" title="Capital good">Capital goods</a></li> <li><a href="/wiki/Club_good" title="Club good">Club goods</a></li> <li><a href="/wiki/Common_good_(economics)" title="Common good (economics)">Common goods</a></li> <li><a href="/wiki/Common-pool_resource" title="Common-pool resource">Common-pool resource</a></li> <li><a href="/wiki/Complementary_good" title="Complementary good">Complementary goods</a> vs. <a href="/wiki/Substitute_good" title="Substitute good">Substitute goods</a> vs. <a href="/wiki/Independent_goods" title="Independent goods">Independent goods</a></li> <li><a href="/wiki/Composite_good" title="Composite good">Composite goods</a></li> <li><a href="/wiki/Credence_good" class="mw-redirect" title="Credence good">Credence goods</a></li> <li><a href="/wiki/Durable_good" title="Durable good">(Non-)durable goods</a></li> <li><a href="/wiki/Experience_good" class="mw-redirect" title="Experience good">(Post-)experience goods</a></li> <li><a class="mw-selflink selflink">Final goods</a></li> <li><a href="/wiki/Free_good" title="Free good">Free goods</a> vs. <a href="/wiki/Positional_good" title="Positional good">Positional goods</a></li> <li><a href="/wiki/Giffen_good" title="Giffen good">Giffen goods</a></li> <li><a href="/wiki/Global_commons" title="Global commons">Global commons</a></li> <li><a href="/wiki/Global_public_good" title="Global public good">Global public goods</a></li> <li><a href="/wiki/Inferior_good" title="Inferior good">Inferior goods</a></li> <li><a href="/wiki/Information_good" title="Information good">Information goods</a></li> <li><a href="/wiki/Intangible_good" title="Intangible good">Intangible goods</a></li> <li><a href="/wiki/Intermediate_good" title="Intermediate good">Intermediate goods</a></li> <li><a href="/wiki/Luxury_goods" title="Luxury goods">Luxury goods</a></li> <li><a href="/wiki/Merit_good" title="Merit good">Merit goods</a> and <a href="/wiki/Demerit_good" title="Demerit good">demerit goods</a></li> <li><a href="/wiki/Neutral_good" title="Neutral good">Neutral goods</a></li> <li><a href="/wiki/Normal_good" title="Normal good">Normal goods</a> <ul><li><a href="/wiki/Necessity_good" title="Necessity good">Necessity goods</a></li></ul></li> <li><a href="/wiki/Ordinary_good" title="Ordinary good">Ordinary goods</a></li> <li><a href="/wiki/Private_good" title="Private good">Private goods</a> <ul><li><a href="/wiki/Household_goods" title="Household goods">Household goods</a></li></ul></li> <li><a href="/wiki/Public_good_(economics)" title="Public good (economics)">Public goods</a></li> <li><a href="/wiki/Rivalry_(economics)" title="Rivalry (economics)">(Non-)rivalrous goods</a> and <a href="/wiki/Excludability" title="Excludability">(Non-)excludable goods</a></li> <li><a href="/wiki/Search_good" class="mw-redirect" title="Search good">Search goods</a></li> <li><a href="/wiki/Superior_good" class="mw-redirect" title="Superior good">Superior goods</a></li> <li><a href="/wiki/Used_good" title="Used good">Used goods</a></li> <li><a href="/wiki/Veblen_good" title="Veblen good">Veblen goods</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Consumer_behaviour" style="padding:3px"><table class="nowraplinks mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Consumer_behaviour" title="Template:Consumer behaviour"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Consumer_behaviour" title="Template talk:Consumer behaviour"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Consumer_behaviour" title="Special:EditPage/Template:Consumer behaviour"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Consumer_behaviour" style="font-size:114%;margin:0 4em"><a href="/wiki/Consumer_behaviour" title="Consumer behaviour">Consumer behaviour</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">Concepts</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Consumption_(economics)" title="Consumption (economics)">Consumption</a></li> <li><a href="/wiki/Autonomous_consumption" title="Autonomous consumption">Autonomous consumption</a></li> <li><a href="/wiki/Induced_consumption" title="Induced consumption">Induced consumption</a></li> <li><a href="/wiki/Consumer_culture_theory" title="Consumer culture theory">Consumer culture theory</a></li> <li><a href="/wiki/Consumer_debt" title="Consumer debt">Consumer debt</a></li> <li><a href="/wiki/Consumer_economy" title="Consumer economy">Consumer economy</a></li> <li><a href="/wiki/Consumer_spending" title="Consumer spending">Consumer spending</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Research types</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Consumer_choice" title="Consumer choice">Consumer choice</a></li> <li><a href="/wiki/Consumer_economics" class="mw-redirect" title="Consumer economics">Consumer economics</a></li> <li><a href="/wiki/Consumer_neuroscience" title="Consumer neuroscience">Consumer neuroscience</a></li> <li><a class="mw-selflink selflink">Consumer product</a></li> <li><a href="/wiki/Marketing_research" title="Marketing research">Marketing research</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Consumer attributes</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Consumer_confidence" title="Consumer confidence">Consumer confidence</a></li> <li><a href="/wiki/Consumer_confusion" title="Consumer confusion">Consumer confusion</a></li> <li><a href="/wiki/Consumer_ethnocentrism" title="Consumer ethnocentrism">Consumer ethnocentrism</a></li> <li><a href="/wiki/Consumer_socialization" title="Consumer socialization">Consumer socialization</a></li> <li><a href="/wiki/Consumer%27s_risk" title="Consumer's risk">Consumer's risk</a></li> <li><a href="/wiki/Consumption_function" title="Consumption function">Consumption function</a></li> <li><a href="/wiki/Cultural_consumer" title="Cultural consumer">Cultural consumer</a></li> <li><i><a href="/wiki/Homo_economicus" title="Homo economicus">Homo economicus</a></i></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Processes</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Consumers%27_co-operative" title="Consumers' co-operative">Consumers' co-operative</a></li> <li><a href="/wiki/Consumer-to-business" title="Consumer-to-business">Consumer-to-business</a></li> <li><a href="/wiki/Factory-to-consumer" title="Factory-to-consumer">Factory-to-consumer</a></li> <li><a href="/wiki/Consumer_service" title="Consumer service">Consumer service</a></li> <li><a href="/wiki/Consumerization_of_information_technology" title="Consumerization of information technology">Consumerization</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"><style data-mw-deduplicate="TemplateStyles:r1038841319">.mw-parser-output .tooltip-dotted{border-bottom:1px dotted;cursor:help}</style></div><div role="navigation" class="navbox authority-control" aria-label="Navbox" style="padding:3px"><table class="nowraplinks hlist navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Help:Authority_control" title="Help:Authority control">Authority control databases</a>: National <span class="mw-valign-text-top noprint" typeof="mw:File/Frameless"><a href="https://www.wikidata.org/wiki/Q868404#identifiers" title="Edit this at Wikidata"><img alt="Edit this at Wikidata" src="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/10px-OOjs_UI_icon_edit-ltr-progressive.svg.png" decoding="async" width="10" height="10" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/15px-OOjs_UI_icon_edit-ltr-progressive.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png 2x" data-file-width="20" data-file-height="20" /></a></span></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://d-nb.info/gnd/4032259-2">Germany</a></span></li><li><span class="uid"><span class="rt-commentedText tooltip tooltip-dotted" title="Consumer goods"><a rel="nofollow" class="external text" href="https://id.loc.gov/authorities/sh88006884">United States</a></span></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="http://olduli.nli.org.il/F/?func=find-b&local_base=NLX10&find_code=UID&request=987007536694405171">Israel</a></span></li></ul></div></td></tr></tbody></table></div> <!-- NewPP limit report Parsed by mw‐web.codfw.main‐f69cdc8f6‐gll7b Cached time: 20241122142305 Cache expiry: 2592000 Reduced expiry: false Complications: [vary‐revision‐sha1, show‐toc] CPU time usage: 0.380 seconds Real time usage: 0.495 seconds Preprocessor visited node count: 733/1000000 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