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What is a specialty product?

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Answer:

A specialty product are those that are very expensive. It is a speacilty product of which people feel are so important that they will not be willing to buy the substitute product. Examples: Lamborghini sports cars, Tiffany jewlery, and Rolex watches.

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First answer by ID1117929838. Last edit by ID1117929838. Question popularity: 2 [recommend question].

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Relevant answers:

How do specialty products differ from shopping products?
price is not the chief consideration. Often the attributes that make them unique are brand preference (e.g., a certain make of automobile) or personal preference
How would you describe specialty products?
Specialty items have characteristics that compel consumers to make special efforts to find them. Consumers often do not consider price at all when shopping for specialty products
What is the meaning of specialty product?
Its an item that a consumer would make a SPECIAL effort to search for and buy. i.e. Rolex watches
What products require specialty paints or coatings?
Primary markets for these products included automotive and machinery refinishing, industrial maintenance, bridges, traffic markings, metallic coatings, and marine coatings.
What is cross-product and dot-product?
Cross products and dot products are two operations that can be done on a pair of 2-dimensional, 3-dimensional, or n-dimensional vectors. Both can be viewed in terms of mathematics or their physical...