Shopping Glossary Challenge

What is the term for a reduction in the price of goods?

• markup

• surcharge

• discount

• premium

What do we call a store that sells a variety of items?

• Clothing boutique

• General store

• Electronics shop

• Grocery store

What is the term for a person who buys goods or services?

• supplier

• retailer

• distributor

• consumer

What do you call a list of items to be purchased?

• grocery list

• inventory list

• wish list

• shopping list

What is the term for a special price offered for a limited time?

• promotion

• sale

• clearance

• discount

What do we call the act of returning a purchased item?

• Exchange

• Return

• Credit

• Refund

What is the term for a store that specializes in a specific type of product?

• department store

• specialty store

• warehouse club

• discount store

What do we call the total amount of money spent on purchases?

• Total expenditure

• Net savings

• Total income

• Gross revenue

What is the term for a marketing strategy that encourages customers to buy more?

• Bundling

• Discounting

• Upselling or Cross-selling

• Loyalty rewards

What do we call the practice of comparing prices before making a purchase?

• Value assessment

• Cost analysis

• Price negotiation

• Price comparison