Making Consumer Choices

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Making Consumer Choices

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Shopping safely: Be aware of the influences ... Discount stores. Factory outlets. Warehouse clubs. Mail-order companies. Electronic shopping ... – PowerPoint PPT presentation

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Title: Making Consumer Choices


1
Chapter 22
  • Making Consumer Choices

2
Consumer
  • Someone who buys and uses goods and services
    produced by others
  • To become a better consumer, you must consider
    the factors that influence your choices

3
Influences on a consumer
  • Your income
  • Your job
  • Your environment
  • Your personal interests and values
  • Advertising
  • Peer pressure

4
Shopping safely
  • Be aware of the influences
  • Avoid impulse buying (making unplanned purchases
    at the spur of the moment)
  • Gather information about products
  • Watch for sales
  • Comparison shop take time to compare products,
    prices, and services
  • Look before you buy

5
Look before you buy
  • Inspect a products quality
  • Look at the price tag
  • Find out if it is a name brand or store brand
  • Read product labels
  • Ask about a warranty

6
Places you can comparison shop
  • Department stores
  • Specialty stores
  • Discount stores
  • Factory outlets
  • Warehouse clubs
  • Mail-order companies
  • Electronic shopping
  • Yard sales
  • Flee markets

7
Consumer Rights
  • Right to safety
  • Right to be informed
  • Right to be heard
  • Right to choose
  • Right to redress right to have wrong
    information corrected quickly and fairly
  • Right to consumer education

8
Consumer Responsibilities
  • Take care of the products you try on or handle
  • Be fair and honest with stores
  • Pay attention at the time of purchase, be sure it
    is the right amount
  • Save sales receipts, instructions, and guarantees

9
Beware of consumer fraud
  • Dont fall for phony prize notification
  • Never give your familys credit card number out
  • Dont send money to an unknown business or
    organization
  • Resist sales pressure
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