Products can be classified in several ways. They comprise both tangible and intangible components. Marketers classify products based on their durability and tangibility, with consumer goods divided into convenience, shopping, and specialty categories and industrial goods split into raw materials, capital items, and supplies. This document discusses how products are characterized and categorized by marketers.
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What are the characteristics of products & how do marketers classify products ?
1. What are the characteristics of
products & how do marketers
classify them ?
20. PROF. SAMEER MATHUR
Indian Institute Of Management,
Lucknow
Professor in Marketing
www.IIMInternship.com
Created By;
SIDHANT PATI
NATIONAL INSTITUTE OF TECHNOLOGY,
ROURKELA
As an intern, under the guidance of,