A | B |
brand name | A word or name on a product that helps consumers distinguish it from other products. |
generic products | Products that are plainly labeled, unadvertised, and sold at lower prices. |
comparison shopping | Checking the price and quality of a product in more than one store. |
unit price | The cost of an item for a standard unit of measurement, such as an ounce. |
promotional sale | A sale that gives you a special buy on a new product or a product that's in season. |
clearance sale | A sale to clear out goods that are going out of season or are no longer profitable to make room for new merchandise. |
loss leaders | Advertised products that sell for a loss to bring customers into a store so they'll buy other things. |
impulse buying | Purchasing things on the spur of the moment. |
warranty | A legal document that states the rights and responsibilities agreed to by the consumer and the store or manufacturer. |