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Consumer vocabulary 4

Choose a method to review your consumer vocabulary.

AB
ConsumerAnyone who buys or barters for goods or services
BarterTo trade
Medium of ExchangeAnything used as a measure of value in the trading of goods or services. Ex. money, barter, credit cards
MoneyA medium of exchange
Advertising A communication form producers use to influence consumers purchasing behavior and decisions
GoalSomething to work toward
NeedsThose things considered essential for life. Food, clothing, shelter
WantsGoals that are desirable but not necessary
ClioAward for best ad campaign
FadSomething that is in style for a short period of time
ConformTo go along with the crowd
Impulse BuyingMaking a spur of the moment decision
Comparison ShoppingThe act of comparing products, prices, and services of different stores
BudgetA plan for saving, spending, and sharing
WarrantyA product's guarantee
RedressTo have a wrong corrected or set right
GoodsObjects that you buy
SupplyThe amount of goods or services available in the marketplace
DemandThe desire to buy goods and services in the marketplace
Target AudienceCertain age or ethnic group that advertisers hope to attract


Mrs. Centers

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