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What are the Fast Moving Consumer goods?

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


What are factors that affect a product price?

"What factors affect the pricing of Fast Moving Consumer Goods?"


Are clothes Fast-Moving Consumer Goods?

Yes, clothes can be considered Fast-Moving Consumer Goods (FMCG) when they are produced and sold quickly, catering to trends and consumer demand. Typically, FMCGs are items that are sold quickly at relatively low cost, and certain segments of the clothing industry, such as fast fashion, fit this description. However, not all clothing falls into this category, as higher-end or luxury garments tend to have slower sales cycles and higher price points.


What is slow consumer goods?

Slow consumer goods refer to products that are purchased infrequently and typically have a longer lifespan, such as appliances, furniture, and electronics. Unlike fast-moving consumer goods (FMCG), which are bought regularly and consumed quickly, slow consumer goods require more consideration and investment from consumers. This category often emphasizes quality, durability, and long-term value over frequent purchasing. The market for slow consumer goods can be influenced by trends in sustainability and minimalism, as consumers seek products that last longer and have less environmental impact.


What are 5 factors that affect the demand of fast moving consumer good?

The 5 factors that affect the demand of fast moving consumer good include the price, quality, availability, competition and the use of the products. There are many other factors that affect the demand for such commodities