What is meant by a tangible product?

Prepare for your CIM Level 3 Marketing Principles Test. Study with flashcards and multiple choice questions. Enhance your knowledge and be exam-ready!

A tangible product refers to something that can be seen, touched, and physically interacted with. This encompasses physical goods, such as clothing, electronics, furniture, and food items. When discussing marketing principles, understanding the nature of tangible products is essential as it impacts how they are marketed, perceived, and sold to consumers. Consumers can evaluate tangible products based on their physical attributes, such as quality, design, and usability, which are all key factors influencing purchasing decisions.

While other options touch on various aspects of consumer behavior and products, they do not accurately define a tangible product. Emotional decisions relate to subjective factors influencing purchases, and products without physical form refer to intangible items, such as services and digital goods. The aspect of cost is also irrelevant to the definition of a tangible product, as tangible goods can vary widely in price. Thus, the focus on a physical entity or service provided to the buyer captures the essence of what constitutes a tangible product.

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