Mastering the Art of Smart Shopping
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Questions and Answers

Which of the following is NOT a tip for being a smart consumer?

  • Assume everything (correct)
  • Shop at sales
  • Study ads
  • Do your homework
  • What is the purpose of a promotional sale?

  • To provide useful information
  • To make room for new merchandise
  • To price items below cost
  • To get the consumer in the store and buy other items (correct)
  • Why is it important to keep a paper trail as a smart consumer?

  • To resist pressure and gimmicks
  • To get the best buys
  • To review your account relationships
  • To track your purchases and protect your rights (correct)
  • Which of the following is NOT a way to become a smart consumer?

    <p>Assume website searches put the best deal first</p> Signup and view all the answers

    What is the purpose of keeping a paper trail as a smart consumer?

    <p>To prove when you bought something under warranty</p> Signup and view all the answers

    Why should you read labels and warranties as a smart consumer?

    <p>To know what the company will do for you and what’s expected of you</p> Signup and view all the answers

    What does the text suggest about store brands?

    <p>Store brands cost less due to lower marketing costs</p> Signup and view all the answers

    Why is it important to plan ahead when shopping as a smart consumer?

    <p>To collect information and make informed decisions</p> Signup and view all the answers

    What should you do before making a purchase as a smart consumer?

    <p>Read the small print</p> Signup and view all the answers

    What is the purpose of shopping lists for smart consumers?

    <p>To make the best choices and get the best buys</p> Signup and view all the answers

    Which of the following is a tip for becoming a smart consumer?

    <p>Keep a paper trail of your receipts</p> Signup and view all the answers

    What is the purpose of reading the small print as a smart consumer?

    <p>To know what the company will do for you and what's expected of you</p> Signup and view all the answers

    Why is it important to resist pressure and gimmicks as a smart consumer?

    <p>To prevent impulse buying</p> Signup and view all the answers

    What does the text suggest about store brands?

    <p>Store brands cost less because of higher marketing costs</p> Signup and view all the answers

    Study Notes

    Smart Consumer Tips

    • Avoiding promotional sales is NOT a tip for being a smart consumer
    • Promotional sales aim to attract customers to buy more than they need

    Importance of Paper Trails

    • Keeping a paper trail helps to resolve disputes and track purchases
    • It serves as a record of transactions and warranties

    Becoming a Smart Consumer

    • Watching TV ads is NOT a way to become a smart consumer
    • Reading labels and warranties helps to make informed purchasing decisions
    • Reading the small print helps to understand terms and conditions

    Shopping Strategies

    • Planning ahead helps to avoid impulse buying and stick to budgets
    • Making a shopping list helps to stay focused and avoid unnecessary purchases
    • Researching products before buying helps to make informed decisions

    Avoiding Traps

    • Resisting pressure and gimmicks helps to avoid unnecessary purchases
    • Store brands can be a cost-effective alternative to name-brand products

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    Description

    Learn 10 essential ways to become a smart consumer and make informed shopping decisions. Discover strategies such as studying ads, comparing prices, and planning ahead to save money and get the best value for your dollar.

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