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In the United States, dedicated consumer electronics stores have mostly given way to big-box stores such as Best Buy, the largest consumer electronics retailer in the country, [40] although smaller dedicated stores include Apple Stores, and specialist stores that serve, for example, audiophiles and exceptions, such as the single-branch B&H ...
Consumer electronics are products used in a domestic or personal context, in contrast to items used for business, industrial, or professional recording purposes. These can include television sets, video players and recorders (VHS, DVD, Blu-ray), videocams, audio equipment, mobile telephones and pagers, portable devices and computers and related ...
Businesses that produce consumer goods for households are categorized as "civilian goods" with a cyclical nature according to Thomson Reuters' business classification. These businesses are divided into three subgroups: Consumer electronics; Housewares, [3] tools and household items; Home furniture (such as furniture)
Product classification or product taxonomy is a type of economic taxonomy which organizes products for a variety of purposes. However, not only products can be referred to in a standardized way but also sales practices in form of the “ Incoterms ” and industries can be classified into categories.
In an unregulated market, prices of credence goods tend to converge, i.e. the same flat rate is charged for high and low value goods. The reason is that suppliers of credence goods tend to overcharge for low value goods, since the customers are not aware of the low value, while competitive pressures force down the price of high value goods. [6]
Examples include non-durable household goods such as packaged foods, beverages, toiletries, candies, cosmetics, over-the-counter drugs, dry goods, and other consumables. [2] [3] [4] Fast-moving consumer goods have a high inventory turnover and are contrasted with specialty items, which have lower sales and higher carrying charges.
network device (NW) personal computer (PC) portable media player (PMP) printer (PR) semiconductor (SC) video cassette recorder (VHS) video game (VG) video game developer (VGD) video game publisher (VGP) indie game developer (IGD) transportation electronics system (TES) television (TV) wireless devices (WD) other electronics equipment (OEE)
Yellow, red and orange goods are a three-part classification for consumer goods which is based on consumer buying habits, the durability of the goods, and the ways that the goods are sold. [1] The classifications are for yellow goods, red goods, and orange goods, with orange goods being goods that have a mix of yellow and red characteristics. [ 1 ]