Posted in Marketing and Strategy Terms, Total Reads: 517
Definition: Staple Goods (Staples)
Staple goods, or staples as they are referred too, are those consumer goods which are consumed on a regular basis and are bought often or regularly. Staple goods are mostly food items like milk, wheat, sugar etc as they are eaten in a large quantity and they constitute a dominant portion of a diet. They are generally inexpensive and vary across places.