CPD eAcademy Chapter 9 Study Guide
examples of a nontraditional seller include
T-commerce, E-commerce, and telemarketing
rebate
a cash back offer
product placement
a means of showing a brand name product in movies and television
bots
a search engine offered by brokers
buying incentive
a special offer designed to help sell goods and services
games of chance
a sweepstakes or contest
loss leader
an item priced at or below cost to attract buyers
the sales of products no longer produced is a
closeout sale
clearance sales do not mean that the owners are
closing the business
members contribute services and pay dues to join a
cooperative
direct mail advertising can be done through
e-mail, telephone, and catalogs
puffery
exaggerates claims about a product
a limited warranty is a guarantee for service, repairs, and replacements for a _ time
limited
sound shopping skills should include
money handling, keeping receipts, and keeping track of your purchases
consumer cooperative
non-retail associations owned and operated by members for their own benefit
merchandise on infomercials is
not always reliable and not monitored by the government
you should control the urge to buy what you do not need or want just because it is
on sale
community-based listings are not
policed tightly
Craig's List is an E-commerce site that allows you to
post merchandise for free
an EnergyGuide label is a label that shows
the estimated annual cost of operating an appliance and other information
equilibrium
the point at which supply and demand intersect
E-commerce
the process of buying and selling goods and services online
T-commerce
the process of buying and selling merchandise on television
telemarketing
the sale of merchandise by telephone
Costco and Sam's club are examples of
warehouse clubs
