What is the classification of goods that consumers buy on the basis of availability and convenience?

The classification of goods that consumers buy based on availability and convenience is referred to as convenience goods. These are products that are readily accessible and require minimal effort to purchase. Consumers typically buy convenience goods regularly and often make quick decisions when purchasing them, such as snacks, toiletries, or household items. The defining characteristics of convenience goods include their widespread availability and the low purchasing effort required, which is why they are a staple in retail settings.

In contrast, shopping goods typically involve more research and comparison, as consumers take time to evaluate them based on price and features. Luxury goods are products that signify high status and are purchased less frequently, often requiring significant investment or the desire for exclusivity. Basic goods is not an established term in this context and doesn't appropriately encompass the concept of convenience focused on easy access and minimal purchasing effort. Thus, the correct term for goods purchased primarily for their accessibility and quick acquisition is indeed convenience goods.