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MAKING CONSUMER CHOICES You, The Consumer How do you spend your money? On clothing? On video games? On food? You probably buy these items and many more. Like other teens, you’re a consumer. A consumer is anyone who buys goods and services. Besides being a consumer of goods and services, you’re also a consumer of information. Everyday you read and hear statements about all sorts of products and services. Some of these statements are true. Others are false or misleading. Being a wise consumer means evaluating information carefully and making purchasing decisions based on facts. Such careful evaluation is especially important when you purchase healthy products and services. Using Your Purchasing Power Wisely As you get older, you have more money to spend. Along with your increased purchasing power comes increased responsibility. Your purchasing decisions will affect you, your family, your friends, and even the world around you. To choose products and services wisely, you have to be an informed consumer. You need to gather and evaluate the facts, make comparisons, and weigh your options. You also need to be aware of the various factors that influence your decisions. Media Messages The various methods for communicating information are called media. Mass media are media that can reach large groups of people. Here are some examples of mass media: Newspapers & magazines Books & recordings Television & radio The internet Movies All of these media are very powerful. They can convey facts and opinions to you and to millions of other people around the world. They can entertain and amuse you. They often try to persuade you to think or act in a particular way. Sometimes they can do all of these things at once. Why Do You Buy? Many different factors affect your decisions to buy a product or use a service. 1. Your Values. Your personal beliefs about what is important play a big part in your purchasing decisions. 2. Your Family Background. Your culture and family help shape your buying decisions. 3. The Power of Advertising. Commercials and advertisements, messages designed to get consumers to buy a product or service, have a strong influence on your buying choices. Remember that ads are sales tools, meant to persuade you to buy a product or service. 4. The Influence of Your Peers. The opinions of friends may be the first factor you consider when making a decision. However, what’s right for someone else isn’t necessarily what’s right for you. 5. The Cost of a Product. Price can be a determining factor. However, more expensive does not necessarily mean better. Wise consumers shop for both quality and value. 6. The Advice of Salespeople. Store employees can help you make a purchasing decision, but the final choice should be based on your own needs and wants – and on facts. Remember that salespeople will tell you anything they need to just to make the sale. Advertising is a central part of most media. Magazines overflow with advertisements. Television programs are interrupted by commercials. More and more advertising appears on the internet. Advertisements can be very useful. They can make you aware of various products and provide information for your purchasing decisions. However, advertisements can also be misleading. They may exaggerate positive aspects of a product and omit negative ones. They may blend fact and opinion in such a way that you can’t distinguish between the two. To make wise purchasing decisions, you need to know the facts. You must also recognize the difference between your needs (the goods or services you must have to live) and your wants (the goods and services you would like to have but that aren’t essential). Sometimes advertisements try to convince you that your wants and needs are the same thing. Understanding Advertising Methods Whether in print or on television or radio, advertisements usually fall into one of two groups: informational ads and image ads. Both types of advertisements have the same basic purpose: to convince you to buy a product or service. Informational ads rely mainly on facts. They may use statistics or charts to back their claims, or they may include the words of experts in the field. Ads that use phrases such as “nine out of ten doctors recommend” or “90% more effective” are usually informational ads. A special kind of informational ad is the infomercial. An infomercial is a longer TV commercial whose main purpose appears to be to present information rather than sell a product (i.e. sham-wow!, pro-activ). Infomercials report on everything from political candidates to the latest in home workout equipment. Many are misleading because they look like other types of television programs. An infomercial is an advertisement, however, even if it resembles a factual account or a scientific explanation. Image ads link a product or service to a desirable image. They may feature a glamorous model or famous athlete giving an endorsement, a statement of approval. Image ads may show professional snowboarders or blissfully happy couples. Their message – stated or implied – is usually the same: This could be you! Being an Aware Consumer Being a consumer is a little like being a detective. You examine the claims that manufacturers make about the products that are available to you and ask questions. Avoid accepting advertising at face value. Ask yourself questions when evaluating the advertisements like, “Will this product really improve my performance?” or “Just because ‘everyone has one’, do I need one?”