Consumer Decisions (Junior Cert Home Economics): Flashcards
📚Flashcards
Practise the cards
13 cards from this deck
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Practise the cards
13 cards from this deck
Consumer
Consumer
Someone who buys or uses goods and services
Goods
Goods
Items bought & sold, e.g. food, clothes, petrol
Services
Services
Work done for customers by skilled people, e.g. hairdressers, electricians
Money's influence on buying
Money's influence on buying
Limited money = choose affordable over expensive brands
Need vs want
Need vs want
Need = essential, Want = nice to have
Peer pressure effect
Peer pressure effect
Pressure to own certain brands/items to fit in
Why companies release trends
Why companies release trends
To keep sales high, even if changes are small
Personal values effect on buying
Personal values effect on buying
Values guide choices, e.g. avoiding animal-tested products
Impulse buying
Impulse buying
Buying on the spur of moment without thinking
Product packaging info
Product packaging info
Labels & leaflets give product details
Word of mouth
Word of mouth
Friends & family share opinions and experiences
Why be cautious with ads
Why be cautious with ads
Ads aim to sell, so info can be biased
Example of consumer magazine
Example of consumer magazine
Consumer Choice - evaluates products
