Learning Objective What Are Buying Strategies?
Key Terms What Are Buying Strategies?
Buying Strategies
Before You Shop
comparison shop
What comparison websites have you used? Why have you used them?
You can also go to shopping malls or stores to comparison shop. There are also advantages and disadvantages of comparison shopping in a physical location (see Figure 2.3.2).
2. Plan your purchases
While You Shop
Pick the best time to shop
Research businesses
Are all items purchased on sale good value?
Calculating Unit Prices
Read contracts
Understand sales terminology
Read labels
After You Buy
Ask about exchange and refund policies
Compute total cost
Determine the quantity needed
What products might you be happy to spend more on for quality in the future? Why?
Which of the following is a disadvantage of online comparison shopping?
Which of the following is the best time to shop?
It is important to plan your purchases.
While you shop, it is important to:
The best time to shop is when you are very happy.
It is easier to judge the quality of an item by going to a physical location.
