Smart Shopping. WantNeed deciding on the type of item What level of quality do I want (low, medium, or high)? What level of quality do I need (low, medium,

Slides:

Advertisements

Similar presentations

Promotional Concepts & Strategies

Advertisements

SOLVING PROBLEMS INVOLVING DISCOUNTS AT SALES AND SALES TAX.

Shopper Marketing Q2 Report: Search: Being Present Source: Google Post-Holiday Learnings for 2011 Consumers search across channels during the holidays...

Teens 2 lesson four shopping wisely. terms you should know Comparison Shopping Brand Name Generic Brand Discount Store Thrift Store Teens 2 – Lesson 4.

Source: Google Post-Holiday Learnings for 2011 Shopper Marketing Q3 Report: Learning What Motivates Shoppers What helps all shoppers make a purchase decision?

Finding Unit Price Unit Price: Price per Item Measure or Count of Items Allows shoppers to compare the prices of items quickly and easily.

How to save money using store coupons. Kamri Oguma period 6.

Economics Chapter 3: Your Role as a Consumer

Lesson 6 Shopping.

Jamba to Go. Jamba to Go! You’ve been running around all day—soccer game, gymnastics, errands—no time for yourself! You’re really dragging, but there’s.

Chapter 6 Cash Purchases.

Fractional Markdowns and Markups

Sales Promotion Marketing Co-Op.

How to Be A Smart Consumer

Comparison Shopping. Shopping Shopping is what you do when you spend income (money you have earned). You can do this in a variety of ways: a. In Store.

Smart Shopping. Someone who…  Researches purchases  Plans purchases  Compares products  Considers alternatives You will save a lot of money by being.

Mobile Behavior Unveiled Joy Liuzzo Senior Director, InsightExpress.

How I learned to do research by shopping online Marion Fass Beloit College.

Marketing My Business By Cheyenne McMIllin. La Bella Vita.

Making Consumer Decisions Buying Goods and Services.

Desiree Sartin Personal Finance Develop basic consumer-awareness skills. (A, B, CP, EP, IT, MK)

Finding the Best Deals and Cashback Coupons Online By: goosedeals.com.

Schedule  An organized written plan to help reach your goals within a certain period of time.

Your Role as a Consumer. Consumption, Income, and Decision Making.

Name brand vs. Store brand Name brand- mass produced, marketed, and distributed nationwide by a large company Name brand- mass produced, marketed, and.

Supermarket Shopping Skills. Question: What compels you to shop in one store instead of another? Is it the store’s layout, cleanliness, appearance, convenience,

Shopping Wisely Coach Markus. Objectives Compare purchasing choices on items that you use Gather appropriate information to make wise buying decisions.

Introduction to Business & Marketing. TODAY’S OBJECTIVES o Understand consumer buying motives. o Compare 11 common buying motives based on consumer reasoning.

Factors of Demand, 2/11 Warm Up Martha Navarro-Baldoza is at Sprinkles Cupcakes to buy treats for her classmates. She has $50 to spend. Each cupcake is.

EconomicSocial FactorsPersonal Factors Prices Interest Rates Product Quality Supply and demand Convenience Product Safety Brand Name Maintenance Costs.

America’s Biggest Rip Offs Are there any items that you buy or that you can think of that seem really inexpensive to make but priced very high? What are.

What is Marketing? What do you know about Marketing? 1.What was the last product you purchased? 2.What was the brand name? 3.Who produced or manufactured.

Back to Table of Contents pp Chapter 22 Making Consumer Decisions.

Smart Food Purchasing. What should you consider when buying food? How much you need How much you will use before it goes “bad” (perishables) How much.

Marketing Mix ProductPromotionPricePlace. PLACE This is also called ‘Distribution’. A business must get the product to the right place, at the right time.

Impulse Vs. Planned Buying By: Ms. Hughes. What is impulse buying? Impulse buying is an unplanned or otherwise spontaneous purchase Marketers and retailers.

Many people like shopping.. What is your favorite store?

Could Costco be a Cost-Con? By Levi, PJ and Noah.

10/14 Aim : Why is budgeting important? Do Now : Necessities & Luxuries Chart.

Unit Cost lesson.  How much do you know about prices at the grocery store? (20 min)  Price is Right Grocery Game Price is Right Grocery Game  Practice.

Holiday Pricing Strategies Laura Hulquist & Red Nixon.

Promotional Mix Strategies Promotional Mix Strategies Push versus Pull and More.

Consumer Decisions: Smart Consumer Choices Mr. Ervin East Hardin Middle School.

A) and B) andC) andD. and Determine which pair of ratios does NOT form a proportion. Method 1: Check the cross products. Cross products of proportions.

MATH IN CTE Unit Cost lesson.

1/11 E-shop Date of preparation: Name of the coordinating persons: Bojan Nestorović Darko Stošić Bojan Nestorović, Darko Stošić.

Road to Financial Maturity Banking & Consumer Smarts.

Consumer Strategies Because $$$$ Doesn’t Grow on Trees.

Unit 5: Developing Consumer Awareness Family and Consumer Sciences I.

6.1 Sales Tax 6.2 Total Purchase Price Most states charge sales tax on goods sold. Tax is on the selling price of an item. Usually expressed as a percent.

E commerce Online Shopping Website at Rs. 7920/-.

SMART SHOPPING Essential Question: How do your shopping habits affect the quality, nutrition, and cost of the foods you buy?

Ten Reasons Why Newspaper Preprints Work Environment.

Let’s Go Shopping. Supermarket Tips Computing Sales Prices Computing Sales Tax.

Get the best by paying less for more with good discount offers.

Huge Save on New Year Eve Coupons Grab New Year Eve Coupons for great discounts on Greeting Cards. Make the New Year eve party more attractive by gifting.

Chapter 6 Cash Purchases.

Teens 2 lesson four shopping wisely presentation slides 04/09.

Promotional Concepts & Strategies

Fractional Markdowns and Markups

Unit 2: Buying Food.

Chapter 1 Review.

The Consumer in the Marketplace

What type of Sales Promotion is it?

Avoid the back-to-school rush!

Avoid the back-to-school rush!

Presentation transcript:

Smart Shopping

WantNeed

deciding on the type of item What level of quality do I want (low, medium, or high)? What level of quality do I need (low, medium, or high)? How much can I afford? Should I wait until there is a sale on the item I want? Should I choose an item with a well-known name, even if it costs more? Do I know anyone who already owns this type of item? What do consumer magazines say about the type of item I am thinking about buying? Deciding to buy… (cont.)

Comparison Shopping Different stores have different prices at different times Online is a great way to comparison shop, but DON’T FORGET SHIPPING AND HANDLING! Google “Left 4 Dead xbox 360” Amazon “the Hunger Games book”

Where would be the best place to get a bunch of candy for Halloween? Quikchek or a gas station? Shoprite or Weis or A&P? Sam’s Club or BJ’s or Costco?

Which is the best deal? (use a calculator) Quikcheck – 1 bar – ~$1.00 (maybe more?) Shoprite – 1 bar – $0.69 Walmart – 6 pack: – 3.94 Sam’s Club – 36 pack: – (All prices from websites on 3/16/2013)

So why do you buy drinks or snacks from the vending machines? Sam’s Club: – Snapple® Iced Tea Variety Pack - 24/16 oz. btls. – $16.67 ($0.69 a bottle) Walmart – Poland Spring Natural Spring Water, 28pk (0.5 liter bottles) – $5.38 – ($0.19 a bottle)

Unit Pricing comparing prices of different sizes

Soda for a Party

Unit Price and Discount Cards

Timing and Sales Timing – when to buy –Find a bargain –Law of supply and demand –Markdown – discount when purchasing at sale price –Markdown Example: Sweater was marketed at $100, but doesn’t sell. New price: $80 (a 20% markdown!)

Store Brand vs. Name Brand Sizeable savings for consumers through lack of advertising spending

Best places to shop “generic” or store brand: medicine Chemically exactly the same (the patent has worn off)

Coupons Coupons/rebates – incentives to entice consumers to purchase a particular item.

Work on “14 – Comparison Shopping Worksheet” Get out a calculator – you’ll need it. Call me to check when you’re done Work on makeup work when completed.