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What are the differences between low-order medium-order and high-order goods and services?
Wiki User
∙ 14y ago
There are many differences between low-order products, middle-order products and high-order products. Low-order products are products that are frequently purchased and are inexpensive. For example, a convenience store sells low-order products such as candy bars, newspapers, milk, bread, and lottery tickets. Middle-order products are time-to-time items that are purchased but not as frequently as low-order products. They are items such as compact disks, calculators, or most clothing items. These items are considered a bit pricier. High-order products are the most expensive items or have a limited market and are hardly purchased. Some examples of these would be rock climbing equipment, specialized books, live theatre and multi-screen movie theatres. It is said that stores selling these products need to have a threshold population of tens of thousands.
Wiki User
∙ 14y ago
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