Tag Archives: Shopping

Shopping in the future

You’ve just arrived at the station and an LED screen shows your train is leaving in one minute. You tear down the escalator to the platform but just as you reach the bottom the train is pulling away from the station. There isn’t another one for 20 minutes.

Watch a YouTube video of a virtual storefront here

The few seats on the platform are taken so you can’t sit down and read. How do you kill the time? Try doing the grocery shopping maybe.

Last year, British-based global retailer Tesco made waves by setting up amazing virtual stores on the walls of underground transit stations in Korea. Commuters could do their shopping simply by scanning their smartphone over a two-dimensional barcode on the station’s wall.

Now the idea is being mimicked in the US. How long before virtual storefronts becomes a regular feature of the daily commute worldwide, including Australia?

Continue reading from The Age

Advice for bargain hunters

In the first lesson for this year, I was discussing wise shopping with my Year 9 Commerce class. As part of this discussion, the class developed the following advice for bargain hunters. This framework has formed the basis of our lessons on managing personal finances.

This is their advice:

  1. Research product infomation carefully.
  2. Read the fine print, especially in contracts.
  3. Check a range of prices.
  4. Make sure the product suits the purpose for which it was intended.
  5. Make sure the purchase fits within your budget.