Question

Topic: Student Questions

Difference Between Shopping And Buying

Posted by Anonymous on 7/20/2014 at 1:21 PM ET 25 Points
what is the difference between shopping and buying ? give me detailed answer please.
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  • Posted on 7/20/2014 at 1:22 PM Author
    Is shopping included intention of buying ??
  • Posted by Jay Hamilton-Roth on 7/20/2014 at 1:57 PM Member
    Since this sounds like a homework assignment, it would help us to understand your thinking and the context of your question.
  • Posted by Gary Bloomer on 7/20/2014 at 8:04 PM Member
    A detailed answer? For 25 points? On a homework question? What do YOU think is the difference between shopping and buying?
  • Posted on 7/21/2014 at 4:56 AM Author
    I understand about buying is that the consumer actual wants to buy, he has an intention of buying, he has purchase power and ready to buy and in shopping the consumer yet not ready to buy.... is that true ???
  • Posted by telemoxie on 7/21/2014 at 8:03 AM Accepted
    do all shoppers have purchased power? If I start looking at generators online, does that necessarily mean that I can afford one?

    And what does it mean to be, "ready to buy". What would the specific components of such "readiness" be? And how would it be different for a single person, a married person, and a person acting or researching on behalf of a corporation?
  • Posted on 7/21/2014 at 12:39 PM Accepted
    You are close.

    Shopping = gathering information (about a possible purchase)

    Buying = consummating a transaction to acquire something
  • Posted by Gary Bloomer on 7/21/2014 at 7:19 PM Accepted
    To Michael's excellent advice I'll add:

    Shopping = the selection process.
    Buying = a transactional decision.
  • Posted on 7/23/2014 at 1:17 PM Author
    Yes Sure sir
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