Consumer Goods are goods being sold by manufacturer through his own sales outlets/online or through a retail store. Samsung, Sony, LG, Nokia, Lakme, Colgate, HUL, P&G etc are in the consumer goods industry. FMCG is Fast Moving Consumer Goods. Retail goods are goods being sold by a retailer that are mostly not manufactured by him. Big Bazaar, Croma, Reliance Digital, etc are in the retail industry. Amul can be considered in both retail as well as the consumer goods industry.
A buyer is one who purchases goods, consumes goods, and sells goods. An example of a buyer would be a retail store. A consumer is one who buys goods for themselves. An example of a consumer is a customer of a retail store.
Retail execution software is used by field sales professionals and merchandising strategists at consumer packaged goods (CPG) companies to maximize sales and profit at retail outlets where their goods are sold.
It is the "normal" price of goods or services offered by a supplier to the consumer.
POS (point of sale)
VALUE CHAIN IS BASICALLY STARTING FROM PROD'N TO REACHING THE OFFERING GOODS TO THE END CONSUMER .
Goods or services bought by a consumer are bought in the consumer market. The consumer market includes fast moving consumer goods, consumer durables, soft goods and services.
The Consumer Goods was created in 2006.
Retail execution is a business process designed to ensure that a consumer goods manufacturer's overall brand strategy is executed in retail stores. Put simply, retail execution aims to put the right product on the right shelf at the right time.
consumer goods are commodities which satisfy wants directly
Consumer goods are market ready goods, producer goods are the input materials needed to manufacture consumer goods.
Consumer goods are for sale as is to the public. Industrial goods require finishing.