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9 Examples of Superior Goods

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Superior goods are goods that typically make up a greater percentage of a person's spending as their income rises. These are generally expensive, scarce and high quality as compared to available alternatives and substitutes. The following are illustrative examples.

Transport

Transportation options such as a sailing yacht, luxury car or high-end bicycle.

Fashion

Expensive fashion brands, bespoke tailoring and haute couture.

Food

Specialty foods, artisanal foods and foods that are grown according to organic and sustainable methods. For example, organic raisins from a well known vineyard.

Services

Luxury services such as a spa. For example, a person living on a subsistence wage might dedicate 0% of their spending to spas, someone with a unusually high income might spend 3% on spa treatments.

Products

Luxury products such as jewelry.

Events

Events with expensive tickets such as the opera.

Travel

Discretionary income often flows to travel. Wealthy individuals may travel more and select more expensive options such as first class flights.

Art

Purchases of original artworks such as paintings.

Club Goods

Club goods such as a membership to a social club or sports club.
Overview: Examples of Superior Goods
Type
Definition
Goods that typically make up a greater percentage of a person's spending as their income rises.
Similar Concepts
Related Concepts

Goods

This is the complete list of articles we have written about goods.
Brown Goods
Business Goods
Capital Goods
Club Goods
Commodities
Common Goods
Common Resources
Complementary Goods
Consumer Discretionary
Consumer Durables
Consumer Goods
Consumer Products
Consumer Staples
Digital Goods
Durable Goods
Economic Goods
Experience Goods
Fashion Goods
Final Goods
Finished Goods
FMCG
Goods & Services
Inferior Good
Information Good
Intangible Goods
Intermediate Goods
Knowledge Product
Luxury Goods
Merit Good
Natural Resources
Necessity Goods
Perfect Substitute
Public Goods
Search Good
Social Goods
Soft Goods
Sporting Goods
Substitute Good
Superior Goods
Supplies
Unsought Goods
Veblen Goods
Virtual Goods
White Goods
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Goods

The common types of goods.

Unsought Product

An overview of unsought products.

Commodities

The definition of commodity with examples.

Durable Products

The definition of durable product with examples.

FMCG

A few examples of what is meant by FMCG.

Experience Goods

The definition of experience good with examples.

Search Good

The definition of search good with examples.

Digital Goods

The definition of digital goods with examples.

Economic Bad

Common examples of an economic bad.

Business Models

A list of common business models.

Intangible Value

The definition of intangible value with examples.

On-Demand

The definition of on demand with examples.

One Stop Shop

An overview of one stop shop with examples.

Aftermarket

The common types of aftermarket.

Microtransactions

The definition of microtransactions with examples.

Business Model Innovation

The common types of business model innovation.
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