Level 5. Consumer Awareness Knowledge Check

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Test your understanding of Lesson 1 by completing the recap quiz!

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Level 5. Consumer Awareness Knowledge CheckVersión en línea Test your understanding of Lesson 1 by completing the recap quiz! por WM 1 Which statement best describes consumer awareness? a Buying the cheapest option available to save money b Understanding how sales tactics can influence spending decisions c Learning to avoid all advertisements d Purchasing from popular, reputable brands 2 A popular streamer promotes a gaming chair and provides a discount code for viewers. What tactic is being used? a Social Proof b Loyalty Program c Influencer Marketing d Psychological pricing 3 Which of the following questions should a consumer ask before making a purchase? a Am I being influenced by a marketing tactic? b Do I actually need this item? c Does this purchase align with my financial goals? d All of the above 4 When businesses show a higheroriginal price next to a lower sale price to make the deal appear better, they are using what kind of pricing? a Decoy b Anchor c Psychological d Disguise 5 What is the best response to the bundling tactic? a Wait 24 hours before purchasing b Ignore the original price and evaluate whether the current price is worth it c Research the product before purchasing d Determine whether you would purchase each item individually 6 If an item is priced at $89.79, what price should you round to? a $90 b $100 c $80 d $89.99 7 When consumers are influenced by the opinions, reviews, or actions of others, the tactic being used is called Written answer

Level 5. Consumer Awareness Knowledge CheckVersión en línea

Test your understanding of Lesson 1 by completing the recap quiz!

por WM

Which statement best describes consumer awareness?

Buying the cheapest option available to save money

Understanding how sales tactics can influence spending decisions

Learning to avoid all advertisements

Purchasing from popular, reputable brands

A popular streamer promotes a gaming chair and provides a discount code for viewers. What tactic is being used?

Social Proof

Loyalty Program

Influencer Marketing

Psychological pricing

Which of the following questions should a consumer ask before making a purchase?

Am I being influenced by a marketing tactic?

Do I actually need this item?

Does this purchase align with my financial goals?

All of the above

When businesses show a higheroriginal price next to a lower sale price to make the deal appear better, they are using what kind of pricing?

Decoy

Anchor

Psychological

Disguise

What is the best response to the bundling tactic?

Wait 24 hours before purchasing

Ignore the original price and evaluate whether the current price is worth it

Research the product before purchasing

Determine whether you would purchase each item individually

If an item is priced at $89.79, what price should you round to?

$90

$100

$80

$89.99

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Level 5. Consumer Awareness Knowledge Check

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Level 5. Consumer Awareness Knowledge CheckVersión en línea

por WM

Which statement best describes consumer awareness?

A popular streamer promotes a gaming chair and provides a discount code for viewers. What tactic is being used?

Which of the following questions should a consumer ask before making a purchase?

When businesses show a higheroriginal price next to a lower sale price to make the deal appear better, they are using what kind of pricing?

What is the best response to the bundling tactic?

If an item is priced at $89.79, what price should you round to?

When consumers are influenced by the opinions, reviews, or actions of others, the tactic being used is called

Written answer

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