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Comparison Shopping

Comparison Shopping

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Comparison Shopping. What are your spending habits?. Think about the last item you purchased Did you look at the product carefully, or consider other options before purchasing it? Did you buy the first thing you saw? Based on size? Based on color? Based on price? Compare products? - PowerPoint PPT Presentation

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Page 1: Comparison Shopping

Comparison Shopping

Page 2: Comparison Shopping

What are your spending habits?

• Think about the last item you purchased– Did you look at the product carefully, or consider other

options before purchasing it?– Did you buy the first thing you saw?

• Based on size?• Based on color?• Based on price?• Compare products?

• Are you an impulse shopper or a comparison shopper?

Page 3: Comparison Shopping

Shopping Habits

• Impulse Buying– Unplanned buying– Little consideration of the product or other options– “emotional buying”

• Comparison Shopping– Planned buying– Careful consideration of the product, features,

price and quality– “rational buying”

Page 4: Comparison Shopping

Comparison Shopping

• Benefits of comparison shopping– Buy the same product or service for less money– Buy more goods and services with the same

amount of money– Buy a better quality product for the same amount

of money

Page 5: Comparison Shopping

How can we compare?

• Cost• Quality• Information provided• Size / quantity• Personal likes and dislikes• Location of product

Page 6: Comparison Shopping

Compare quality

Cost does not always equal quality.

Page 7: Comparison Shopping

If evaluating clothing for quality

• Are stitches tight• Is the hem tight• Does it fit well• How do I care for the piece of clothing?• Is there double stitching where needed?• Is there room for alterations?• Are the fastners on tight?

Page 8: Comparison Shopping

How to evaluate quality of food

• Does it taste good?• Does it look attractive?• Is it fresh?• Is it healthy?• Is it organic?

Page 9: Comparison Shopping

Why are there regulations on labels?

Page 10: Comparison Shopping

Food Labels

Page 11: Comparison Shopping

What foods do not have to have labels?

• Fresh fruits• Fresh vegetables• fish

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What information must be on food labels?

• Name of food• Name and address of company• Nutritional content• Ingredient list in order• Total net weight

Page 13: Comparison Shopping

Why is it important to know how to read the food label?

Page 14: Comparison Shopping

How to evaluate the information?

• Is it true?• Could the person have a hidden agenda?• Is the information an opinion?

Page 15: Comparison Shopping

Steps of Comparison Shopping

• Step One– Decide exactly what is needed before shopping

• Step Two– What is the quality of the product I am using?

• Step Three– What is the total cost?

• Step Four– How will the product be used?

• Step Five– Consider the opportunity cost and make a decision

Page 16: Comparison Shopping

Three sections of a food label

Section 1 Is called Display Section

Page 17: Comparison Shopping

Display section

• Picture of food• Weight of food• Description of the

Page 18: Comparison Shopping

Second section is called “Consumer Section”

• Ingredients in order from most to least• Company name• Company address• Company phone or e-mail• Food name• Bar code

Page 19: Comparison Shopping

Last section of a label is the “Nutrition Section”

• Serving size• Number of servings per

container• Calories• Fat content• Cholesterol• Sodium• Carbohydrates

• Fiber• Sugar• protein• Vitamin A• Vitamin C• Calcium• iron

Page 20: Comparison Shopping

Writing Assignment

• 4 point question: You have a friend that just went to the doctor and found out that she needs to eat more healthy. Explain to her how and why she can use the nutrition label to help her eat more healthy.