What Is Product Classification, and Why It Matters for Your Marketing Efforts
Product MarketingWhat Is Product Classification, and Why It Matters for Your Marketing Efforts
The other day, I roamed the aisles of CVS and picked up the same Crest toothpaste I've been buying for years.
I didn't think twice about it. I made the purchase on auto-pilot. I didn't consider testing out a different brand, or purchasing one from another retailer.
Toothpaste, as it turns out, is known as a "convenience good", which matches my buying behavior.
Understanding product classification can help you understand your consumers' general buying behaviors, which will help you market your product more effectively.
There are four types of product classification. Let's dive into each type, so you can determine where your product falls in the list.
Consumer Product Classification
There are four types of product classification — convenience goods, shopping goods, specialty products, and unsought goods.
Let's dive into each one in more detail.
1. Convenience Goods
Like the Crest toothpaste example, convenience goods are products that consumers' purchase repeatedly and without much thought. Once consumers choose their convenience goods' brand-of-choice, they typically stick to it unless they see a reason to switch — such as an interesting advertisement that compels them to try it, or mere convenience at the checkout aisle.
These products include toilet paper, soap, toothpaste, shampoo, milk, and other necessities that people buy over and over again.
To market a convenience good, you want to consider that most people will impulse buy these products. Placing your products near the checkout line at...
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