How are products classified?
Similarly, you may ask, what are the four classifications of products?
Within the category of consumer products, there are four main classifications: convenience goods, shopping goods, specialty goods, and unsought goods.
Keeping this in consideration, what are the two classification of product?
Types of classification of products include convenience goods, shopping goods, specialty products or unsought goods. Although these classifications are named as types of products, focusing on how your customers buy these goods is equally important as you classify products and develop your marketing campaigns.
Product & Service Classification. Ans: - Products and services fall into two broad classes based on the types of consumers that use them consumer products and industrial products. Broadly defined, products also include other marketable entities such as experiences, organization, persons, place, and ideas.