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Luxury products such as Rolex watches are also known as

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Luxury products, such as Rolex watches, are also known as:

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Correct Answer: Option A
Luxury products, such as Rolex watches, are also known as Shopping product. Shopping products refer to items that the consumers purchase less frequently and compare with available alternatives in the market. Consumers need time, planning and efforts to take the final decision whether to buy the product or not.
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2 Comments
Suindu De
Suindu De 2 years ago
Its Rolex so there is a specility on the product.In that case the its more than a shopping concent.Shopping concept are those in which there is a shopping of goods each goods can be of such type frm any retail chain.
Shoona Sheeraz
Shoona Sheeraz 7 years ago
luxury products are speciality goods
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