IMPULSE GOODS Meaning and
Definition
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Impulse goods are products or items that are purchased by consumers on a whim or in a spontaneous manner, typically without any pre-planned intention. These goods may be low-priced items, often small in size and easily accessible or prominently displayed near the checkout counters in retail stores, tempting customers to make an unplanned purchase.
The term "impulse" implies a sudden, instinctive urge or desire to acquire the product without much forethought or consideration. The decision to purchase impulse goods is often driven by emotional factors or immediate gratification rather than logical reasoning or need. Examples of impulse goods can include snacks, candies, magazines, small electronics, stationery items, and novelty products.
Impulse goods are strategically placed in high-traffic areas of stores, such as near the cash registers or along the checkout aisles, where customers are likely to make a quick and spontaneous purchase without much hesitation. Retailers use various marketing techniques, such as eye-catching displays, attractive packaging, or limited-time offers, to entice customers and tap into their impulse buying behavior.
This type of merchandise is often associated with a relatively low purchase value, but its cumulative sales can be significant for retailers. Impulse goods contribute to the overall profitability of stores by capitalizing on impulsive buying tendencies and generating additional revenue that might not have been captured if customers had adhered strictly to their planned shopping lists.
Common Misspellings for IMPULSE GOODS
- umpulse goods
- jmpulse goods
- kmpulse goods
- ompulse goods
- 9mpulse goods
- 8mpulse goods
- inpulse goods
- ikpulse goods
- ijpulse goods
- imoulse goods
- imlulse goods
- im0ulse goods
- impylse goods
- imphlse goods
- impjlse goods
- impilse goods
- imp8lse goods
- imp7lse goods
- impukse goods
- impupse goods
Etymology of IMPULSE GOODS
The etymology of the word "impulse goods" can be traced back to the Latin word "impulsus", which means "a driving or impelling force". In English, the term "impulse" refers to a sudden urge or desire to do something. The word "goods" simply refers to tangible products or merchandise. Therefore, "impulse goods" refers to products or items that are purchased on a whim or in response to a sudden impulse or desire.
