Wants Vs. Needs
This is something you must have to live safely and stay healthy.
What is a need?
These help consumers learn what other people think about a product.
What are reviews?
The main purpose of advertising is to do this.
What is persuade/convince people to buy something?
Your home address, phone number, and Social Security number are examples of this type of information.
What is personal information?
Before typing in your payment information online, you should make sure the website is this.
What is secure?
A new video game, designer shoes, or the latest phone are examples of these.
What are wants?
Looking at similar products before making a purchase is called this.
What is comparing products?
This advertising strategy suggests everyone else is buying the product.
What is bandwagon?
This type of information can usually be shared safely with others, such as your favorite color.
What is public information?
A plan for how you will spend and save your money is called this.
What is a budget?
Advertisements often try to make these seem like needs
What are wants?
This is the process of checking prices at different stores before buying.
What is comparison shopping?
This strategy uses famous people to encourage consumers to buy a product.
What is celebrity endorsement?
This internet safety rule reminds us not to believe everything we see online.
What is not everything online is true?
This helps consumers avoid overspending and make informed choices.
What is money management?
Before buying something, a smart consumer does this to decide if it is really necessary.
What is think before you buy?
When comparing products, consumers should consider quality, quantity, reviews, and this.
What is longevity?
This strategy uses jokes or funny situations to grab attention.
What is humor?
This internet safety rule reminds us to be careful when choosing who to talk to online.
What is be careful who you trust?
Strong passwords help protect this.
What is your personal information?
Knowing the difference between wants and needs can help you do this with your money.
What is save money?
Before making a purchase, informed consumers research products and create one of these.
What is a budget?
This strategy repeats the same message again and again so consumers remember it.
What is repetition?
You should never do this with someone you only know online.
What is meet them in person?
A shopper who researches products, compares prices, reads reviews, and thinks before buying is called this.
What is an informed consumer?