ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is NOT a way to avoid impulsive purchases?
A
Make a list of things you need
B
Look at advertisements before you leave your house
C
Pre-order your groceries and do a store pick up
D
Go to the store hungry and don’t bring cash
Explanation: 

Detailed explanation-1: -The 4 types of impulse buying are: pure impulse (like buying candy at the check out), suggestion impulse, reminder impulse, and planned impulse. For social commerce, suggestion impulse, reminder impulse, and planned impulse can all be triggered to convert a sale.

Detailed explanation-2: -Impulse purchases occur with a wide range of products. The consumer may suddenly decide to buy, for example, a chocolate, a pair of shoes, a scarf, a work of art, or even a car. Sometimes, the action leads to problems such as feelings of guilt, disapproval by family and friends, or financial difficulties.

Detailed explanation-3: -Impulsive buyers have low levels of self-esteem, high levels of anxiety, depression and negative mood and a strong tendency to develop obsessive-compulsive disorders.

Detailed explanation-4: -Make a budget and stick to it. Give yourself permission to spend. Wait a day (or longer!) Shop with a plan in mind. Beware of joining too many email lists. Don’t shop when you’re emotional. Bring someone with you when you shop. Take only the amount of cash you’ll need. More items •27-Jun-2022

There is 1 question to complete.