Consumer+Purchasing

Consumer Purchasing: A Research-Based Approach includes the following phrases. Phrase 1- Before you shop. Meaning indentify your needs, gather your information, and become aware of the maraketplace. Information for buying decisions usually falls under the categories: cost, options, and consequences.

Phrase 2- Weighing the Altenative. Every consumer decision may be approached in several acceptable ways. You have alternatives to spending cash for a product. You must decide what's important to you, compare prices, and so some comparison shooping. Howerver, it can be very useful when: - you're cuying complex or expensive items, such as a computer or a mountain bike. - you're buying items you purchase often, such as shampoo or school supplies. - you can comparison shop easily, perhaps using the Internet, advertisements, or mail-order catalogs. - different sellers offer different prices and services. - product quality or price varies greatly.

Phrase 3- Making the Purchase. You should decide whether to use cash or credit, determing the real price of the product. You should also make sure that you are dealing with a person, such as the owner or store manager, or somebody who has the authority to give you a lower price or additional features. Some stores may charge you a fee for such services as instalation or delivery. A down payment is a portion of the total cost of an item that must be paid at the time of purchase.

Phrase 4- After the Purchase. After making a purchase, you may have other costs or tasks. In some case, you may be dissatisfied with a purchase and want to return or replace it. Finally, remember that the purchsing process is an ongoing activity. You will also need to continue to rethink and reevaluate your decisions. Also, be sure to consider changes in your lifestyle, values, goals, and financial resources.

Smart buying strategies include timing your purchases, selecting the store carefully, comparing brands, reading labels, comparing prices, and evaluating warranties. Legal options available to consumers include bringing a case to small claims court, joining in a class-action suit, hiring a lawyer, and seeking help from a legal aid society.