0
What kinds of products are purchased with discretionary income?
Wiki User
∙ 13y ago
Discretionary income is mone income a person has left to spend on extras after necessities have been bought so any left over income can be saved or spent on extras such as luxury items or entertainment.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Why marketers are interested in discretionary income?
Because discretionary Income = The money people have left over once they have paid for all of their basic requirements (Food, Clothing, Shelter). You could also call it Disposable Income because it is money you have (hopefully) that you can spend on whatever you want. If people do not have very much discretionary income then they cant buy all kinds of useless stuff that marketers are trying to sell them. This would limit the potential demand for a good or service.
What kinds of products does Avnet distribute?
Avnet distributes many types of products including electronic componets, semiconductors, technology solutions, computer products, and embedded technology.
What three kinds of resources does a business need to manufacture products?
Natural resources, human resources, and capital resources.
Discretionary Income?
We all make a certain amount of money each month. And we all have monthly expenses. If you subtract your expenses from your income, you’re left with what economists call your discretionary income. That is the money that you have left over to spend how you choose. But once the rent is paid and the electric company has been notified that you’d like to keep the lights on this month, what do you do with that discretionary income? Many of us are lured into buying a bunch of stuff we don’t need by the wily advertising execs and marketing professionals who try to convince you that keeping up with the Joneses is your patriotic duty. I try to spend more of my discretionary income on novel experiences and learning new skills. I find these pursuits to be much more fulfilling than trying to keep some kinds of materialistic scorecard. But even that situation presents its own kind of blurred lines. An experience could include dining out, right. When I first became an adult I spent a lot of time and money going out to eat. I think my wife and I eat out more meals than we had at home. This wasn’t good for our wallets and it wasn’t good for our waistlines. That’s not the kind of experiential spending I’m talking about. If you eat out all the time, the experience becomes more commonplace and less novel. There’s nothing special about going out to the local diner for the sixth time that month. To really make a lasting impact consider paring back on the quantity of eating out experiences and try to increase the quality. Imagine if you’d cooked yourself dinner for five of those six meals, and then on the sixth went somewhere really special. You could get a high-quality gourmet meal and a dining experience that otherwise wouldn’t have happened. Or consider doing something healthier with your dollars. If you work a stressful job all week just to earn money, shouldn’t some of that money go towards helping to alleviate some of that stress? Consider treating yourself to a relaxing massage or doing something that you enjoy rather than buying some stuff to cram into a closet or fill your garage with.
What are 2 kinds of goal in entrepreneurship?
Having 35 years experience as a entrepreneur my two primary goals have always been to make my dream a reality and make a substancial income at the same time for my hard work.
Why marketers are interested in discretionary income?
Because discretionary Income = The money people have left over once they have paid for all of their basic requirements (Food, Clothing, Shelter). You could also call it Disposable Income because it is money you have (hopefully) that you can spend on whatever you want. If people do not have very much discretionary income then they cant buy all kinds of useless stuff that marketers are trying to sell them. This would limit the potential demand for a good or service.
What kinds of products can you purchase from the manufacturer known as Chefs Choice?
The following kinds of products can be purchased from the manufacturer Chefs Choice: Knife Sharpeners, sharpening station, scissor sharpener, hybrid knives sharpeners.
What kinds of products does GlyMed sell?
GlyMed is a company that sells skincare products. Their products are available for purchase online from Amazon, Lovely Skin, and Skin Care Rx. The products can also be purchased directly from GlyMed.
What kind of products can be purchase at the website Nytro?
There are many kinds of products that can be purchased at the LSI Nytro online website. These include networking components, storage components and software.
What kinds of items can be purchased from the Overstock company?
Overstock is one of the largest online retailers that offers several different types of products. These products include furniture, bedding, jewelry, and electronics.
What products are sold by Longchamp Le Pliage?
Longchamp sells all kinds of textures but is specialized on purses and all that kind. It is considered to be a large company that is famous for its products and has a big selling out and income.
What kinds of products can be purchased from CCS online?
CCS online sells apparell and accessories for skateboarding and snowboarding. They have a vast selection of shoes and jeans. All their products are guaranteed and if not satisfied they have a great return policy.
Where can Easton Synergy products be bought?
Easton manufactures many different kinds of sport equipment and their line of Synergy products includes various items, such as baseball bats and gloves. They can be purchased online at Baseball Savings.
How many kinds of products?
There are literally millions of different kinds of products. The products can range from food to bedding and much more.
Which kinds of cameras can be purchased at BHPhoto?
BHPhoto sells a wide range of products. They sell camera equipment, computers, televisions, surveillance equipment, darkroom supplies, camcorders and even portable entertainment. They have a wide range of products to offer customers.
What are two kinds of income?
Net and Gross.
What kinds of products are tested on animals?
cosmetic products household products cleaning products etc
