What is a characteristic that defines convenience goods?

Convenience goods are characterized by their low cost and the fact that they are routinely purchased by consumers. These products are typically items that people buy frequently, with minimal effort or thought. They include everyday essentials like snacks, beverages, and toiletries, which consumers tend to buy on a habitual basis due to their affordability and easy availability.

This characteristic of being inexpensive encourages consumers to make quick purchasing decisions without extensive research or consideration, as they are often items that fit easily into their budgets. In contrast, other options describe types of goods that require more deliberation or are associated with higher costs and unique features, where consumers would invest more time in the decision-making process.