A-Z Popular Blog Goods Search »
Goods
 Advertisements
Sectors Economy

Business Goods

Final Goods

White Goods

Commodities

Common Goods

Commons

Consumer Discretionary

Economic Bad

94 Examples of Goods

 , October 03, 2021
Goods are tangible and intangible things that have a useful purpose or use. The following are common types of goods with illustrative examples of each.

Consumer Goods

Goods that are purchased by individuals and families.
Beverages
Books
Cat Food
Flights
Mobile Devices
Restaurants
Socks
Washing Machines

Fast Moving Consumer Goods

Fast moving consumer goods are consumer goods that are quickly used up and repurchased. These are typically competitive high-value markets.
Cleaning Supplies
Cosmetics
Food
Toiletries

Consumer Discretionary

Consumer purchases that can easily be deferred such that sales are likely to increase in a good economy and decrease in a bad economy.
Computers
Fine Dining
Furniture
Vacations

Consumer Durables

Relatively expensive consumer goods that have a useful life of 3 years or more.
Appliances
Furniture & Fixtures
Homes
Vehicles

Business Goods

Goods that purchased by businesses.
Aircraft
Business Travel
Industrial Equipment
Software

Commodities

Goods that are viewed as interchangeable that are sold on a liquid market such that individual buyers and sellers have little influence over the price.
Coffee
Corn
Economy Flights
Gold
Plastic
Wood

Inferior Good

Demand for an inferior good drops as people's income rises.
Convenience Food
Fast Food
High Interest Loans
Instant Noodles
Used Cars

Superior Goods

Superior goods make up a larger percentage of consumption as income rises.
Fine Food
First Class Flights
Luxury Fashions
Luxury Hotels

Veblen Goods

Veblen goods are a theoretical type of good where sellers can increase demand by increasing price. This supposedly includes things like luxury goods whereby people seek social status from high price items. However, if you put luxury goods on sale demand tends to be extraordinarily high. As such, veblen goods are rare or may not exist at all. Luxury goods do sell social status by building up a reputation, brand image and customer experience such that these are the basis for their ability to charge a high price.
Fashion
Handbags
Management Consulting
Sporting Goods

Necessity Goods

Goods that consumers truly need such that they are the last things that are cut as income decreases.
Electricity
Food Staples
Toiletries
Water

Services

Services are goods that derive most of their value from intangible things such as customer experience, advice and intangible results such as transporting someone somewhere. Some definitions consider services goods and others do not. Generally speaking, it is outdated to think that goods must have a physical presence.
Consulting
Events
Flights
Hotels
Restaurants
Theme Parks

Club Goods

Club goods are services that offer access to large scale capital.
Art Museums
Highways
Ski Hills
Theme Parks

Information Good

Information goods are goods that derive their value from information including digital experiences.
Books
Consulting
Mobile Apps
Video Games

Complementary Goods

Goods that have related demand such that sales of one increase sales of the other.
Gas Burning Cars & Gas
Mobile Phones & Mobile Devices
Printers & Ink
Snowboarding Resorts & Snowboards

Substitute Good

Goods that act as substitutes for one another such that demand for one may lower demand for the other.
Beef & Chicken
Bowling Alleys & Movie Theaters
Mobile Phones & Televisions
Night Clubs & Pubs
Restaurants & Grocery Stores
Tea & Coffee

Capital Goods

Goods that are used to produce other goods.
Computer
Hotel Beds
Industrial Robot
Office Chair
Restaurant Furniture
Ship
Solar Panel
Tractor

Common Goods

Goods that everyone can use freely such that they are easily used up or damaged.
Air
Sunlight
Water
Wild Fish

Unsought Goods

Unsought goods are no fun to buy such that consumers have low motivation to purchase them. Often consumers will only purchase unsought goods when they are forced to by circumstances.
Disaster Kits
Fire Extinguishers
Funeral Services
Insurance

Merit Good

A merit good is a good that a government views as a basic entitlement or something that is under-purchased by consumers. In this case, a government may provide the good for free, particularly for low income individuals. Alternatively, the good may be subsidized to encourage its purchase.
Disaster Insurance
Earthquake Resilient Houses
Education
Healthcare
Housing
Life Insurance
Sustainable Energy

Goods Examples

This is the complete list of articles we have written about goods examples.
Business Goods
Business Travel
Capital
Club Goods
Commodities
Computer
Education
Events
Fashion
Food
Furniture
Gold
Goods
Goods Examples
Inferior Good
Insurance
Restaurants
Services
Social Goods
Social Status
Software
Sporting Goods
Vacations
Veblen Goods
Water
White Goods
Wood
If you enjoyed this page, please consider bookmarking Simplicable.
 

Brown Goods

The definition of brown goods with examples.

Social Goods

The definition of social good with examples.

Substitute Good

The definition of substitute good with examples.

Goods

The common types of goods.

Services Examples

A list of common services.

Final Goods

The definition of final goods with examples.

Consumer Business

An overview of consumer businesses with examples.

GDP

An overview of what GDP includes with examples.

Wealth Examples

An overview of wealth with examples.

Scarcity Examples

An overview of scarcity with examples.

Services

A list of common types of services.

Service Markets

An overview of the service market with a list of examples.

Hospitality Services

An a-z list of common hospitality services.

Business Opportunity

A list of common types of business opportunity.

Words To Describe Service

A list of words to describe services.

Digital Services

An overview of digital services with examples.

Service Quality Examples

An overview of service quality with examples.

Service Experience Examples

An overview of service experience with examples.

Business Model List

A list of business models by industry.

Service Risk

An overview of service risk with examples.

Service Issues

An overview of service issues with a list of examples.
The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map