Shopping Smart Module 3: Analyzing Store Visits Compiling Research Information Presentation Recommendation: Where to Shop?

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Presentation transcript:

Shopping Smart Module 3: Analyzing Store Visits

Compiling Research Information Presentation Recommendation: Where to Shop?

Compiling and Analyzing Research Information – Team Data Exercise 3.1: Entering and Compiling Shopping Data about Pricing Exercise 3.2: Analyzing Shopping Data from the Team

Exercise 3.1: Entering and Compiling Shopping Data about Pricing Go to Microsoft Excel template, ShoppingData

Exercise 3.2: Analyzing Shopping Data from the Team Guiding questions: –Which store had the best price for each item? Provide data to support your answer. –Which store was the most expensive of the three or four visited? Provide data to support your answer. –Overall, which store had the best buys per unit cost for the five meal items? –Are there any circumstances where buying the best-priced product would not be a good idea?

Exercise 3.2: Analyzing Shopping Data from the Team Determining Meal Cost for Each Team Member Team Member’s Name Product CostCost per Serving Cost per Meal for 2

Exercise 3.2: Analyzing Shopping Data from the Team Determining “Best Buy” Store Specific Product Item for Menu Store NameType of Store

Compiling and Analyzing Research Information – Class Data Exercise 3.3: Compiling and Analyzing Shopping Data from the Entire Class Exercise 3.4: Analyzing Shopping Data

Exercise 3.3: Compiling and Analyzing Shopping Data from the Entire Class –Each team compiles their data into ClassData template –Each team copies compiled data –Each team filters, analyzes and compares ClassData to their own ShoppingData

Each Team’s presentation will include: 1.Summary of individual team data 2.Summary of product pricing for five items for each store visited 3.Recommendations about where to shop, based upon price and other factors (based upon team data) Exercise 3.4: Analyzing Shopping Data

4.Comparison of team data to class data 5.Further recommendations about store with “Best Buy,” and other conclusions and comparisons (based upon class data) 6.Reflections and conclusions about being a smart consumer