Knowing which type of market a product is sold in can help businesses accurately plan and adjust their marketing strategies. Different types of markets, such as retail, wholesale, off-line or online, can significantly influence a product’s success. Let’s take a look at how to match some popular products with the type of market they are sold in.
Retail Market
- Clothing
- Electronics
- Household Goods
- Cosmetics
- Food and Beverages
Wholesale Market
- Industrial Supplies
- Lab Equipment
- Farm Supplies
- Construction Materials
- Textiles
Offline Market
- Books
- Artwork
- Collectibles
- Antiques
- Cars
Online Market
- Software
- Digital Products
- Downloadable Music or Videos
- Services
- Tickets
Now that you know which type of market popular products are sold in, you’re ready to create your marketing strategy. Knowing which type of market products are sold in will help you plan and adjust your marketing strategy accordingly.