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Consumer Strategies - Chapter 8 What steps should you take prior to making a purchase? What...

Consumer Strategies - Chapter 8

What steps should you take prior to making a purchase?

What steps should you take while making a purchase?

What steps should you make after you make a purchase?

What is buyer's remorse? Have you experienced it?

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Answer #1

Steps should you take prior to making a purchase-

1) Determine your need
2) Determine how much you can afford
3) Find options available for making a purchase

Steps should you take while making a purchase-

1) Negotiate on the price offered
2) Select the best seller from the options available
3) Buy best quality at best price

Steps should you make after you make a purchase-

1) Assess whether the purchase done was correct or not
2) Decide whether to but it again or not
3) Share the feeling about the purchase

Buyer's remorse
It is a feeling of regret which is experienced after making the purchase. When the buyer felt guilty after buying the product it is known as buyer's remorse.

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