Career Advice - A Community Blog

Erik Larson writes about the job market, resume improvement, and career advice

Being a Responsible Customer

Written by Erik Larson, Community Blogger | Jul 29, 2017 3:48 AM

For a population to achieve the full potential of a well-performing economy, all parties need to play certain roles diligently. Particular responsibilities ought to be undertaken by each industry stakeholder. As a customer, you too have a role to play. Making smart choices is a sure sign of responsibility on your part as a client. These decisions further help in identifying quality and affordable products. Here is a look at some smart decisions you could consider the next time you make a purchase.

Establishing a Budget

Developing a budget is more than knowing how much you can spend on an item. It also involves taking into account the prices offered by competitor products. A price comparison helps you buy a product that is friendly to your finances without a compromise on the quality. Platforms such as BrandBallot have presented an opportunity for customers to compare what different brands offer. Interestingly, several customers agree that conducting research, and comparing products have been of great help in discovering product reviews, sale offers, and other price bargains that they would have otherwise not known.

Differentiating Between Wants and Needs

Wants are desires that as a customer, you may feel the itch to satisfy. Needs, however, are essentials in your life. Smart purchases involve buying products or services that you need as opposed to those you desire. The goods and services should address a particular gap in your life. This will save you money on unnecessary purchases that you may make to satisfy a want.

List all the Products Identified

Choices are made from several alternatives. Once you have compared the prices against your needs, develop a priority list. Such records aide informed decisions, and they also are crucial in making the final purchase decisions.

Managing Buying Excitements

Emotional or random purchasing affects your financial situation. It is easy to get carried away with offers, and sale enticements while shopping. The same feeling is experienced when you come across a new product you had not considered for purchase while carrying out your research. In most cases, such commodities have a much higher, price and satisfy an excitement that may be lost soon after its purchase. In such situations, exercise caution by complying with your original purchase targets.

Price Negotiations

You would be surprised that negotiating for a price reduction is possible with several vendors. Many customers often pass the opportunity to bargain for a commodity or service. Any decrease from the initial asking price, no matter how small, adds value to your shopping. A few saved pennies could buy you another product. This is why you should consider bargaining for a product the next time you go shopping.

Look out for a Return Policy

Another key foundation to smart purchasing is understanding a seller's return policy. Many sellers do not have one. However, it is in your best interest to seek clarity on the policy a vendor enforces. Do not fall victim of the common misconception that it is possible to return goods bought.

Spend What You Can Afford

Cash is a convenient form of purchase as you can only make purchases worth the amount in your pocket. In the likelihood you do not have cash, credit is the more probable alternative. Credit offers an illusion of money you do not have. Thus caution is advised when using credit to pay for your purchases. Be sure to use credit only if it's necessary, and ensure you can afford to honor the payments.

Insist on a Receipt

Other than acting as proof of purchase, receipts are useful in claiming warranties. Some products may develop problems within a period of guarantee. To avoid incurring unnecessary repair costs during this time, keep your receipts safe. You can then present them in the event your product malfunctions.

Managing Your Maturing Obligations

Judging by the growth of credit facilities, it is possible to procure goods or services on credit. However, prudence dictates that you pay your bills as and when they fall due. If you are having trouble making payments, get in touch with your creditor. It is possible they understand your financial circumstance and thus develop an agreeable payment plan.

Making smart purchasing decisions is not easy. However, such choices prove to be of value over time. Developing a culture of taking responsible steps as a customer will come in handy especially in building a strong financial base.

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