Are You Ready to Produce Consumer Goods in 2018

What are consumer goods? Consumer goods are products that are purchased for direct consumption to fulfill a human need or want. Consumer goods are the end results of production and manufacturing and are what a consumer will see on the store shelf. Another name for consumer goods, which is more common, is final goods. There are various types of consumer goods and multiple different ways to create them. Quality Mold Shop, founded in 1976 by Douglas Boles, is a business that is family owned, and they are striving to provide the best quality of plastic injection molds. The molds are later used to produce top-quality consumer goods.

There are various types of consumer goods: durable goods, nondurable goods, and services. Durable goods are the ones that have a long lifespan and are used over time. The typical lifespan is about 3 years or more. Some examples would be clothes, toys, and jewelry. Nondurable goods are goods that are consumed in less than 3 years and have a short lifespan such examples would be food items and drinks. The service goods are things such as getting a haircut or repairs.

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