In
retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholes ...
economics and geography, comparison goods are products which are usually higher value
["How and why is retail changing?"](_blank)
''BBC Bitesize
BBC Bitesize, also abbreviated to ''Bitesize'', is the BBC's free online study support resource for school-age people in the United Kingdom. It is designed to aid people in both schoolwork and, for older people, exams.
History
''GCSE Bitesi ...
''. Retrieved 26 August 2020. and purchased infrequently, such as vehicles, household goods or clothing.
["Comparison goods"](_blank)
, ''BusinessDictionary''. Retrieved 26 August 2020. Consumers tend to compare products before purchasing them to maximise value and quality.
They are contrasted with
consumer goods
A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike an intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good.
W ...
or convenience goods such as food, which are low-cost and purchased more frequently.
Shops offering comparison goods are often clustered in
central business districts
A central business district (CBD) is the commercial and business center of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "cit ...
or in
out-of-town retail centres, where retailers can compete over their offers.
References
{{Reflist
Retail analytics
Shopping (activity)
Management cybernetics