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2023-11-29 at 2:33 pm #3039
Consumer non durables and FMCG are two terms that are often used interchangeably, but they are not the same thing. While both refer to products that are consumed on a daily basis, there are some key differences between the two.
Consumer non durables are products that are used up or worn out in a short period of time, usually within a year. These products include items like food, beverages, toiletries, and cleaning supplies. They are typically low-cost items that are purchased frequently and are considered essential to daily life.
FMCG, on the other hand, stands for Fast-Moving Consumer Goods. These are products that are sold quickly and at a relatively low cost. FMCG products include items like packaged foods, beverages, personal care products, and household items. They are typically branded products that are marketed heavily and are considered essential to daily life.
One of the key differences between consumer non durables and FMCG is the level of brand loyalty. While consumers may be loyal to a particular brand of toothpaste or laundry detergent, they are less likely to be loyal to a particular brand of milk or bread. This is because consumer non durables are often considered to be commodities, meaning that consumers are more concerned with price and convenience than with brand loyalty.
Another difference between the two is the level of competition. FMCG products are often highly competitive, with many brands vying for market share. This is because these products are often sold in large quantities and are consumed frequently, making them a lucrative market for manufacturers. Consumer non durables, on the other hand, are often less competitive, as there are fewer brands and the products are often sold in smaller quantities.
In terms of distribution, FMCG products are often sold through multiple channels, including supermarkets, convenience stores, and online retailers. Consumer non durables, on the other hand, are often sold through a limited number of channels, such as grocery stores and pharmacies.
In conclusion, while consumer non durables and FMCG are both essential products that are consumed on a daily basis, there are some key differences between the two. Understanding these differences can help manufacturers and retailers better target their products and marketing efforts, and can help consumers make more informed purchasing decisions.
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