Fast-moving consumer goods are products that are relatively inexpensive and tend to sell quickly. Some examples include soft drinks, alcoholic beverages, candy bars and chewing gum.Know More
FMCGs generally do not make the manufacturer or retailer much of a profit individually but can generate a good profit on total sales because the product sells quickly and in great quantity. Some businesses, such as convenience stores, base their sales model almost entirely on the sale of FMCGs.
FMCGs are usually consumables or nondurable goods. They are typically items that consumers purchase frequently, expend little effort or research before purchasing, and pay a small amount of their disposable income to acquire. Qualities of FMCGs from a marketer's perspective are low contribution margins, high volume, high turnover of stock and extensive distribution networks.
Some other examples of FMCGs include general foods, toiletries, cleaning products, over-the-counter medications, small toys, tobacco products, cosmetics, tissues, laundry detergent, fabric softener, air fresheners, plastic utensils, paper plates and containers, and animal feed. Major producers in this market include Colgate-Palmolive, Coca-Cola, General Mills, H.J. Heinz, Henkel, Johnson & Johnson, Kimberly-Clark, Kraft, L'Oreal, Nestle, Procter & Gamble, Reckitt Benckiser, Sara Lee, SC Johnson and Unilever. Professional career paths in the field generally start out with entry-level work, such as sales or financial analysis, and move onward to management roles.Learn more about Economics
The majority of France’s exports include valuable commodities such as steel, machinery, pharmaceutical products, consumer products, petroleum, chemicals, iron and transportation equipment. France’s imports include crude oil, chemicals, aircraft, machinery, plastics and vehicles. The country's major export partners include Germany, Belgium, Italy, Spain, United Kingdom, United States and Netherlands. The major import partners include China, United Kingdom, Germany, Belgium and Italy.Full Answer >
Various forms of consumer exploitation include higher commodity prices beyond recommended costs, risk products, adulteration and sub-standard commodities. Other forms of exploitation include false claims about the product’s attributes, breach of warranty and maintenance contract.Full Answer >
In economics, a price searcher is a person who sells products, goods or services and influences the price of the item by the amount of units sold of each of these commodities. Price searchers generally set their own prices for the commodities they sell because there is a single price market present for these commodities.Full Answer >
Products made in Mexico include food, electronics, shoes, apparel, furniture, chemical products, automotive equipment and accessories, tools, toys and sporting goods. As of July 2006, Mexico was the number one partner with the United States in the electronics business. About 25 percent of imported U.S. automotive parts were from Mexico. The country’s manufacturing industry accounted for more textiles and apparel supplied to the United States than any other nation.Full Answer >