What is the difference between extensive and intensive products ?

Extensive products refer to goods or services that are widely available and easily accessible to consumers. These products are typically mass-produced and have a broad target market. Examples of extensive products include basic household items, fast food, and common electronics.

Intensive products, on the other hand, are goods or services that are more specialized and targeted towards a specific niche market. These products are often higher in quality and price, and may require more research and consideration before purchase. Examples of intensive products include luxury cars, designer clothing, and high-end electronics.

In summary, the main difference between extensive and intensive products lies in their availability, target market, quality, and price. Extensive products are widely available and have a broad target market, while intensive products are more specialized and targeted towards a specific niche market.