The negatives of Impulse Buying

For the past week in Business Studies, we have been learning about Impulse Buying and the negatives of it. Impulse buying is the buying of goods without planning to do so in advance, as a result of sudden impulse or whim.

Today we had to create a brochure on impulse buying, why its bad and the possible outcomes of it. 

This is the brochure I created:

IMPULSE BUYING IMPULSE BUYING IMPULSE BUYING Impulse buying is when people buy products, foods, etc without planning to buy it beforehand.  In short, Impulse buying is purchasing unnecessary products. The cause for this is promotions, sales, advertisements, and the placement of products in a store.

Negatives  Negatives -Wasting money on useless things. -Not having enough money to pay for rent/ mortgage. -Saving goals being effected. -obsessive behaviour and mental health issues after impulse buying. Impulse buying will NOT allow you to save money, have money to spend on necessities and can also affect your mental health.

IMPULSE BUYING IMPULSE BUYING IMPULSE BUYING The placement of products in grocery stores have an impact on impulse buying as the popular and important products are placed at the back. While the unnecessary products are placed at the front.  The little bars and gums are placed in the front because people would normally buy them on their way out.

This task wasn't hard to complete since we already looked at the information beforehand and had were able to use it. The hardest part of the task was to decide how to present the information. The easiest was finding the information.

Thank you for reading my blog post.

Source:

Information from Miss Eastwick.

Dictionary.