Consumer Spending.  People who use their income to buy the items they need and want are called consumers  Comparison shopping involves looking at several.

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Presentation transcript:

Consumer Spending

 People who use their income to buy the items they need and want are called consumers  Comparison shopping involves looking at several brands or models at different stores, allowing you to compare prices, quality, and features before buying.

 Avante Garde: The suggestion that using this product puts the user ahead of the times  Facts and figures: Statistics and objective factual information is used to prove the superiority of the product

 Magic Ingredients: The suggestion that some almost miraculous discovery makes the product exceptionally effective e.g. a pharmaceutical manufacturer describes a special coating that makes their pain reliever less irritating to the stomach than a competitor's.  Patriotism: The suggestion that purchasing this product shows your love of your country

 Plain Folks: The suggestion that the product is a practical product of good value for ordinary people e.g. a cereal manufacturer shows an ordinary family sitting down to breakfast and enjoying their product.  Snob Appeal: The suggestion that the use of the product makes the customer part of an elite group with a luxurious and glamorous life style e.g. a coffee manufacturer shows people dressed in formal gowns and tuxedos drinking their brand at an art gallery.

 Bribery: Bribery seems to give a desirable extra something. We humans tend to be greedy. e.g. Buy a burger; get free fries.  Testimonial: A famous personality is used to endorse the product e.g. a famous basketball player (Michael Jordan) recommends a particular brand of skates.

 Wit and Humor: Customers are attracted to products that divert the audience by giving viewers a reason to laugh or to be entertained by clever use of visuals or language.  Card Stacking: Advertisers stress is positive qualities and ignore negative. For example, if a brand of snack food is loaded with sugar (and calories), the commercial may boast that the product is low in fat, which implies that it is also low in calories. This technique that gives us only part of the picture.

 Bandwagon: Bandwagon is a form of propaganda that exploits the desire of most people to join the crowd or be on the winning side, and avoid winding up the losing side. The popularity of a product is important to many people. Even if most of us say we make out own choice when buying something we often choose well-advertised items- the popular ones. Advertising copywriters must be careful with the bandwagon propaganda technique because most of us see ourselves as individuals who think for themselves. If Bandwagon commercial is to obvious, viewers may reject the product outright.