Are You A Smart Shopper?

1. When making a big purchase I should...

Always buy what has the most features!

Research carefully customer reviews and product quality.

Buy what the sales person recommends I get.

Close my eyes and pick one.

Sales People tend to recommend the most expensive or what gets them the most kick-back. The most features can also mean the most bugs to work out. And well, we won't address the last choice that is your call.

Explanation

Sales People tend to recommend the most expensive or what gets them the most kick-back. The most features can also mean the most bugs to work out. And well, we won't address the last choice that is your call.

2. Buying Magazines off the rack is the best way to buy them!

True

False

You can get most of your magazines in FREE Subscription forms from various sites including http://bit.ly/samplecenter

Explanation

You can get most of your magazines in FREE Subscription forms from various sites including http://bit.ly/samplecenter

3. Your local store is selling an item 2 for $10. Should you buy one for $7.50 or the 2 at the sale price?

If I need 2 of these then I'll buy it at the sale price.

I don't need either. So I will buy both!

I only need one so I will buy both.

If you cannot use both then only get one, especially when it comes to food otherwise the other goes to waste. So does your money.

Explanation

If you cannot use both then only get one, especially when it comes to food otherwise the other goes to waste. So does your money.

4. I just had the worst day ever! A bit of shopping is the perfect thing to cheer me up!

True

False

Shopping while feeling guilty or sad is a sure fire way to end up spending more on impulse items then needed items.

Explanation

Shopping while feeling guilty or sad is a sure fire way to end up spending more on impulse items then needed items.

5. Which is a good generic buy while at the grocery store?

Cereals

Milk Organic

Pasta

Condiments

All the Above

All the options mentioned (cereals, milk organic, pasta, and condiments) are good generic buys while at the grocery store. This means that all of these items are commonly purchased and can be used in various meals and recipes. By selecting "All the Above," it indicates that all of these options are recommended for purchase.

Explanation

All the options mentioned (cereals, milk organic, pasta, and condiments) are good generic buys while at the grocery store. This means that all of these items are commonly purchased and can be used in various meals and recipes. By selecting "All the Above," it indicates that all of these options are recommended for purchase.

6. Buy One Get One Free deals are always a good choice.

True

False

Some BOGOs are priced so that the first one is high priced thus making it more like Buy One Get One 50% OFF. Not always a good deal. Did you need the second?

Explanation

Some BOGOs are priced so that the first one is high priced thus making it more like Buy One Get One 50% OFF. Not always a good deal. Did you need the second?

7. Shopping at my local store that has a rewards program is the best idea because...

I will get rewards that give me money back.

I have loyalty to a dedicated store.

I should definitely not shop higher prices for low rewards.

I should consider the prices compared to other stores and the rewards that my local store offers.

Often a store has a rewards program because they have higher prices and have to lure their customers in. Also this is a competition based market, there is usually little to no reward for loyalty.

Explanation

Often a store has a rewards program because they have higher prices and have to lure their customers in. Also this is a competition based market, there is usually little to no reward for loyalty.

8. Which of the following strategies is NOT typically associated with being a smart shopper?

Impulse buying based on attractive displays

Comparing prices and looking for deals

Using coupons and discount codes

Planning purchases in advance and sticking to a budget

Smart shoppers are characterized by their thoughtful and planned approach to purchasing. They prioritize value, seek out deals, and compare prices before making a purchase. They often use coupons, discount codes, and loyalty programs to maximize savings. Impulse buying, on the other hand, is driven by immediate desire rather than careful consideration, and it can often lead to overspending and buyer's remorse.

Explanation

Smart shoppers are characterized by their thoughtful and planned approach to purchasing. They prioritize value, seek out deals, and compare prices before making a purchase. They often use coupons, discount codes, and loyalty programs to maximize savings. Impulse buying, on the other hand, is driven by immediate desire rather than careful consideration, and it can often lead to overspending and buyer's remorse.