CONSUMPTION

consumption

buying and using goods and services to satisfy human needs

consumer

a person who buys and uses goods and services which satisfies their needs

prices

sales or bargains, a primary consideration when buying

advertisements

commercials, billboards, digital ads. companies or businesses hire celebrities to be in these to reel in consumers

values

some people can or cant buy things based on their values (like religion/beliefs or being vegan i guess lmao)

seasons

businesses think of products that would fit the weather or feel outside (mostly in clothing)

imitation/bandwagon effect

if something is popular or trendy, this makes other people want to buy it too just to fit in or follow the crowd

income

when people get their salary, they tend to spend their money more on things they see in stores (because their budget is higher than before, so they think they can spend more too)

occasion

on events like Christmas, Halloween, or birthdays, businesses or stores will put up items or products that would fit that event

Right to Basic Needs

• The right that guarantees survival, adequate food, clothing, shelter, health care, education and sanitation.

Right to Safety

The right to be protected against the marketing of goods or the provision of services that are hazardous to health and life.

Right to Choose

• The right to choose products at competitive prices with an assurance of satisfactory quality

Right to Information

• The right to be protected against fraudulent/dishonest or misleading advertising/labelling/promotion and the right to be given the facts and information needed to make an informed choice.

Right to Representation

• The right to express consumer interests in the making and execution of government policies

Right to Redress

• The right to be compensated for misrepresentation, shoddy goods or unsatisfactory services.

Right to Consumer Education

• The right to acquire the knowledge and skills necessary to be an informed consumer

Right to a Healthy Environment

The right to live and work in an environment which is neither threatening nor dangerous, and which permits a life of dignity and well-being

critical awareness

whenever we buy products, we must know their information (like the expiry date and ingredients). By doing so, we help ourselves by saving money and knowing what to buy

action

as a consumer, you must know and understand your product warranty. whenever you see damages to your product, you must go to the store and seek repair, replacement, or refund.

social concern

as a consumer, you must understand how your bought products affect society and its people (like farmers, fishers, and manufacturers)

environment awareness

as a consumer, you must know how our bought products affect the environment. In order to do so, we must remember and act the 3R’s (reduce, reuse, recycle)

solidarity

as a consumer, you must practice the act of looking up to the possibilities of shifting to other brands which has the same quality as the expensive ones

Alert

a characteristic of a consumer where they are always watchful over their transactions in the market place to avoid being cheated or defrauded

Budget conscious

a characteristic of a consumer where they are not an impulsive buyer. they only buy what is needed according to their budget

Reasonable

a characteristic of a consumer where they always take the price and quantity of the product into consideration

not affected by advertisement

a characteristic of a consumer where the endorsement of a product by a celebrity has no effect to them

analytical

a characteristic of a consumer where they patiently examine the quality, perceivable value and benefits that can be expected of the product and compares them with other products available

looking for alternative/substitute

a characteristic of a consumer where they always look for the best alternative that will suit their needs and within their budget when the product they initially wanted isn’t available

avoiding panic buying

a characteristic of a consumer where they always exercise rational buying and does not make buying decisions out of fear, panic, or excitement