Convenience Good

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Dictionary Says

Definition of 'Convenience Good'

A consumer item that is widely-available, purchased frequently and with minimal effort. Because a convenience good can be found readily, it does not require the consumer to go through an intensive decision-making process. Examples of convenience goods include newspapers and candy.

Convenience goods are different than specialty goods, such as a car, which are more expensive and often carry a greater opportunity cost to the consumer.
Investopedia Says

Investopedia explains 'Convenience Good'

Convenience goods are often the products of habit or impulse, as they are easily found by consumers and are inexpensive enough for most consumers to purchase. Because the inexpensiveness of a good can be dependent on the income of the consumer, economists often use the cost of a good to the average consumer when determining if a good is inexpensive. If discretionary income falls, consumers may forgo purchasing goods impulsively.
Search results for

'Convenience Good'

  • Prepaid "Credit" Cards: Convenience At A Cost

    http://www.investopedia.com/articles/pf/09/prepaid-cards-convenience-at-a-cost.asp
    ... As with anything, you have to balance the pros - convenience and security -with
    the con of ... and cash also doesn't require a bank account or a good credit rating ...

  • Shopping Online: Convenience, Bargains And A Few Scams

    http://www.investopedia.com/articles/pf/08/buy-sell-online.asp
    ... These include: Convenience: It is very convenient to be able to do all your shopping
    from one spot - your ... If a deal looks too good to be true, it usually is. ...

  • Does The Heineken Deal Taste Good To Femsa?

    http://stocks.investopedia.com/stock-analysis/2010/Does-The-Heineken-Deal-Taste-Good-To-Femsa-FMX-KO-BUD-TAP-SAM0120.aspx
    ... Does The Heineken Deal Taste Good To Femsa? ... business from Femsa's 2008 annual report,
    the remaining Coca-Cola (NYSE: KO) and OXXO convenience store businesses ...

  • BBQ Recovery: Is All The Good News Cooked In?

    http://stocks.investopedia.com/stock-analysis/2012/BBQ-Recovery-Is-All-The-Good-News-Cooked-In-URI-SPPI-RAM-RRR-OCZ0120.aspx
    ... BBQ Recovery: Is All The Good News Cooked In ... and redevelopment of supermarket-anchored
    community shopping centers and drug store-anchored convenience centers in ...

  • Pepsi Buyout Obscures Good Quarter

    http://stocks.investopedia.com/stock-analysis/2010/Pepsi-Buyout-Obscures-Good-Quarter-PEP-DPS-KO-KFT-UL0723.aspx
    ... Pepsi Buyout Obscures Good Quarter. ... Pepsi's Gatorade brand showed improvement,
    as did its convenience store and gas station sales. ...

  • Top 6 Mindless Money Wasters Slideshow | Investopedia

    http://www.investopedia.com/slide-show/6-money-wasters/convenience.aspx
    ... If you visit convenience stores often, the annual savings of cutting out these visits
    can be ... Here's a breakdown of when it might be a good idea to give up your ...

  • Femsa's Future Holds Value

    http://stocks.investopedia.com/stock-analysis/2011/Femsas-Future-Holds-Value-FMX-KOF-KO-PEP-DPS-CASY-C.ATD.B0118.aspx
    ... it to focus on its Coca-Cola Femsa (NYSE:KOF) and Oxxo convenience store businesses. ...
    For the original article, see Does The Heineken Deal Taste Good To Femsa?). ...

  • 20 Ways To Save On Medical Bills

    http://www.investopedia.com/articles/pf/08/cut-medical-bills.asp
    ... can create real financial concerns. The good news is that there are ways
    to keep your medical bills in check. (To begin with the ...

  • Casey's Is Quite Comfortable On Its Own

    http://stocks.investopedia.com/stock-analysis/2010/Caseys-Is-Quite-Comfortable-On-Its-Own-CASY-PTRY-MO-RAI-KR1209.aspx
    ... Rural convenience store operator Casey's General Stores (Nasdaq:CASY) has spent
    most of ... recapitalization may have fought off these advances for good, and its ...

  • Should Casey's Take The Deal?

    http://stocks.investopedia.com/stock-analysis/2010/Should-Caseys-Take-The-Deal-CASY-ATD.B-TO-PTRY-WMT0414.aspx
    ... IN PICTURES: 9 Ways To Use A Tax Refund. Consolidation The convenience
    store industry is consolidating, and this is a good thing. ...

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