No, consumer durable products like televisions do not fall under the FMCG (Fast-Moving Consumer Goods) category. FMCG products are goods that are consumed quickly and frequently, such as food, beverages, and personal care products. Consumer durables are products that have a longer lifespan and are not typically purchased as frequently as FMCG products.
This is applicable to consumer durable products where retail prices are recommended because there is a huge consumer market for such products.
1. Classifying products into durable and nondurable are helpful for both the consumer and firm. It is helpful in the consumer in a way that they will know whether they are buying a product that is for one time use only or that can stock and use for a long time. On the part of the firm, they can determine the demand of the product depending on the product consumption and purchase. Usually, durable products have low demand because of its high price and long life span compared to nondurable products that have high demand because those products belong in this category are the basic needs of consumers and that are bought from time to time. This distinction is useful because durable products present more complicated problems of demand analysis than nondurable products. Nondurable items are meant for meeting immediate demand, but durable items are designed to meet current as well as future demand as they are used over a period of time.
"Yes, generally speaking, LG products are pretty durable. I personally have an LG computer, TV, phone, as well as laptop, and I can say that their products aren't bad at all."
what are the consumer durables
characteristics of products and how can they be classified?
Consumer durable & it durable home appliances
fast moving consumer goods are products that are sold quickly and at relatively low cost.example non durable goods such as soft drink.toilteries and grocery items
Bell'O products, including TV stands, are very high-quality products. One good thing about them is they are real, solid wood. This means that they will be sturdy and durable. Another good thing is that Bell'O offers unique designs that are visually appealing. They are beautiful products.
no, it is'nt. Consumer durablesdurablesdurables involve any type of products purchased by consumers that are manufactured for long-term use. usually more than 3 years. eg: appliances.
A new television is not a nondurable, but a durable good. It is a durable good because it has a usable lifespan of more than three years.
Consumer Goods: whatever the things used or consumed by human is called consumer goods Durable goods: The goods which can be used for more than 3 years or which cannot be destroyed by one use is called Durable goods
fast moving consumer durable