|
Fast Moving Consumer Goods
Walk down the aisle at your favorite grocery store or
discount retailer and look at the hundreds of products that you use
every day and are readily available for you. These are your Fast
Moving Consumer Goods.
Fast Moving Consumer Goods
(FMCG),
are products that are sold quickly at relatively low cost. Though the
absolute profit made on FMCG products is relatively small, they
generally sell in large quantities, so the cumulative profit on such
products can be large. Examples of FMCG generally include a wide range
of frequently purchased consumer products such as toiletries, soap,
cosmetics, teeth cleaning products, shaving products and detergents, as
well as other non-durables such as glassware, light bulbs, batteries,
paper products and plastic goods. FMCG may
also include pharmaceuticals, consumer electronics, packaged food
products and drinks, although these are often categorized separately.
FMCG
products contrast with durable goods or major appliances such as kitchen
appliances, which are generally replaced less than once a year.
Some of
the best known examples of Fast Moving Consumer Goods companies include
Clorox, Colgate-Palmolive, General Mills,
H. J. Heinz,
Reckitt Benckiser, Sara Lee, Nestlé, Unilever, Procter & Gamble,
Coca-Cola,
Carlsberg,
Kimberly-Clark, Hershey, Kraft, Pepsi, SC Johnson,
Johnson & Johnson, Mars and hundreds of other companies.
|