Whether you’re an online deal hunter or a weekend market regular, knowing a few key shopping terms can save you time, money — and even frustration. Let’s break down 10 shopping terms every smart shopper should know!

1. MSRP (Manufacturer’s Suggested Retail Price)

This is the price the maker of the product recommends stores should sell it for. If you see a discount below the MSRP — it means you’re scoring a deal!

2. RRP (Recommended Retail Price)

Same idea as MSRP, just more commonly used outside the U.S., especially in the UK or Australia. It’s the price brands suggest their products should retail for.

3. BOGO (Buy One, Get One)

A common promo — Buy One, Get One Free (or 50% off, etc.). It sounds like a steal, but always ask yourself if you really need that second item.

4. Flash Sale

A limited-time offer, usually online, with big discounts. These come and go fast — think of it like a “blink-and-you-miss-it” deal.

5. Outlet

A store (physical or online) that sells items directly from the manufacturer, often with big discounts on out-of-season or slightly imperfect products.

6. Clearance

Clearance means the store is trying to clear out the stock. It’s usually your best chance to get a bargain, but sizes or options might be limited.

7. Loyalty Program

Sign up once, and get rewards for your purchases — like points, discounts, or early access. If you shop regularly, joining loyalty programs can really pay off.

8. Pre-order

Buying a product before it’s officially released. Usually done with tech, fashion drops, or exclusive items. You may have to wait — but it guarantees you get it first.

9. Return Policy

Before buying, always check the return policy! Some stores give you 30 days, others 14. Some give refunds, others offer store credit. Always know before you swipe.

10. Price Match

Some stores will match a lower price if you find the same product elsewhere. This is powerful — don’t be shy to ask for it!

Why These Terms Matter

Knowing these terms means:

• You shop smarter 💡

• You avoid getting tricked by fake “deals” 🤥

• You make confident decisions ✅

Now;

Shopping should be fun — not confusing. Keep these 10 terms in your pocket, and you’ll walk into any store (or browse any website) like a seasoned pro.