Feasibility Study on Catering Services
What Is an Example of an Intangible Good? by Forest Time, Demand Media
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While an MP3 player is a tangible good, an MP3 is an example of an intangible good.
Related Articles • Definition of Total Intangible Amortization Expense • How to Sell Tangible vs. Intangible Products • Is a Company Allowed to Amortize Its Intangible Assets? • How Is Copyright Intangible? • Definition of Intangible Sales • Do Intangible Assets Carry Over From Year to Year on a Balance Sheet?
In economics, a good is defined as something that satisfies a demand and therefore has economic value. Before the advent of the computer age, most goods were physical or tangible goods that could be held. A book, a piece of furniture, and a cheeseburger are all examples of tangible goods. By contrast, intangible goods have value but do not have a physical presence.
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The most common types of intangible goods are digitized content. These are items of value that are delivered from a producer to a consumer but cannot be held. Common examples of digitized content include music files such as MP3s, downloadable video files of movies and television shows, e-books, and video game content for computers or consoles that is purchased and delivered via Internet connection. Computer software transmitted over the Internet is also an intangible good.
Online-Delivered Content
Although online-delivered content may also be used to describe digital content such as MP3s and e-books, it also includes such intangible goods as streaming video, online newspaper, magazine and blog content that may be purchased, and podcasts or other streaming audio that may be sold or purchased. Similarly, cable broadcasts paid for by subscribers -- although not online-delivered content -- may also be considered an intangible good.
[pic]
While an MP3 player is a tangible good, an MP3 is an example of an intangible good.
Related Articles • Definition of Total Intangible Amortization Expense • How to Sell Tangible vs. Intangible Products • Is a Company Allowed to Amortize Its Intangible Assets? • How Is Copyright Intangible? • Definition of Intangible Sales • Do Intangible Assets Carry Over From Year to Year on a Balance Sheet?
In economics, a good is defined as something that satisfies a demand and therefore has economic value. Before the advent of the computer age, most goods were physical or tangible goods that could be held. A book, a piece of furniture, and a cheeseburger are all examples of tangible goods. By contrast, intangible goods have value but do not have a physical presence.
Sponsored Link
Sample Procedure Template
Edit MS Word Policies Procedures. Download Free Office Samples Now... www.bizmanualz.com / samples Digitized Content
The most common types of intangible goods are digitized content. These are items of value that are delivered from a producer to a consumer but cannot be held. Common examples of digitized content include music files such as MP3s, downloadable video files of movies and television shows, e-books, and video game content for computers or consoles that is purchased and delivered via Internet connection. Computer software transmitted over the Internet is also an intangible good.
Online-Delivered Content
Although online-delivered content may also be used to describe digital content such as MP3s and e-books, it also includes such intangible goods as streaming video, online newspaper, magazine and blog content that may be purchased, and podcasts or other streaming audio that may be sold or purchased. Similarly, cable broadcasts paid for by subscribers -- although not online-delivered content -- may also be considered an intangible good.