Vocabulary for IELTS General Training (Band 8-9) - Shopping

Here, you will learn some English words related to Shopping that are necessary for the General Training IELTS exam.

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Vocabulary for IELTS General Training (Band 8-9)

an agreement to buy or sell goods or assets at a predetermined price but delivered and paid for at a later time

Ex: Investors use futures contracts to speculate on the future price of commodities like gold or oil , aiming to profit from price movements .

a limited-time discount or promotion that allows merchants to sell a large number of products at a significant discount

Ex: Subscribers to the deal-of-the-day newsletter received exclusive access to limited-time offers , encouraging them to check their emails regularly for the best bargains .
merchant [noun]

someone who buys and sells goods wholesale

Ex: As a successful merchant , he owned several shops in the bustling city center .
markup [noun]

the amount added to the price of something to cover overheads and profit

Ex: The restaurant increased its menu prices by a 30 % markup to account for rising ingredient costs and maintain its profit margins .
BOGOF [noun]

a sales promotion where customers receive an additional product at no extra cost when purchasing one

Ex: We took advantage of the BOGOF on skincare products , allowing us to stock up for the next few months .
knockoff [noun]

a less expensive and unauthorized copy of something popular

Ex: The company faced legal action for producing knockoffs of patented gadgets , infringing on intellectual property rights .

a card given by a business to customers as a reward for their repeat purchases, which can be used to earn discounts on future purchases

Ex: The airline 's loyalty card program rewards frequent flyers with miles or points that can be redeemed for free flights , upgrades , or other benefits .
layaway [noun]

a purchasing contract by which a retailer agrees to hold merchandise secured by a deposit until the price is paid in full by the customer

Ex: The electronics retailer allows customers to put a new smartphone on layaway , making it more affordable for those on a tight budget .
token [noun]

a piece of paper or a disc of metal or plastic used instead of money as a form of payment or to operate some machines

Ex: The public transit system offers tokens that riders can use instead of cash to board buses and trains .

the date until which a product is expected to remain at its optimal quality, but it may still be consumed after this date

Ex: Manufacturers print the best-before date on the packaging to indicate the period during which the product maintains its optimal quality .

a type of retail model where customers pay for goods upfront and transport them from the store themselves

Ex: The florist bought fresh flowers and supplies from a cash and carry market early in the morning to prepare for the busy wedding season .

a retail service where customers order products online and pick them up in-store or at a specified location

Ex: The electronics retailer offers a click and collect option , where customers can purchase items online and pick them up from a nearby store within an hour .
retailer [noun]

a store, person, or business that sells goods to the public for their own use, not for resale

Ex: The retailer offers discounts and promotions to attract customers to its stores .

to spend more money than somebody else

Ex: The campaign manager knew that to win the election , they had to outspend their opponent on television and social media ads .

to demand a lower price than one's rivals

Ex: The company is currently undercutting prices to increase sales in a tough market .

to spend a lot of money on something trivial that one does not really need

Ex: The family is currently splurging on a tropical vacation for the summer .

to negotiate, typically over the price of goods or services

Ex: In some cultures , it 's expected that customers will haggle over prices when shopping for certain items .

to offer a higher price than someone else especially in an auction

Ex: Despite their best efforts , the small business could n't outbid the larger corporation for the prime real estate location .

to cheat someone by giving back less money than owed

Ex: He realized he had been shortchanged after paying for the groceries .

to encourage a customer to buy a more expensive or upgraded version of a product or service, or to add additional items to their purchase

Ex: When purchasing electronics , the retailer may attempt to upsell by offering an extended warranty for added coverage .

a situation where a product is temporarily out of stock but can be ordered for future delivery

Ex: They promised to notify me when the item is no longer on back order .