BNV Flashcardizz

Front

What retail strategy is designed to encourage impulse purchases? Options: Loyalty programs, Flash sales, Product placement, Free samples

Back

Flash sales

Front

What is the purpose of placing essential items like milk and bread at the back of supermarkets?

Back

To encourage browsing

Front

Which psychological concept is most used in flash sales to drive purchases? Options: Reciprocity, Scarcity, Authority, Consistency

Back

Scarcity

Front

What is the main role of personalized online recommendations?

Back

To enhance user experience

Front

What tactic do corporations use to make discounts seem more significant?

Back

Price anchoring

Front

What is a significant environmental cost of overconsumption highlighted in the documentary? Options: Increased recycling, Deforestation, Water pollution, Landfill waste

Back

Landfill waste

Front

Why are certain products strategically placed at eye level in stores?

Back

To increase sales

Front

What is a “loss leader” in retail?

Back

A product sold at a loss to attract customers

Front

What is an example of “social proof” in online shopping?

Back

Customer reviews

Front

How does scarcity messaging (“Only X left in stock”) affect consumer behavior?

Back

It increases urgency.