An analysis of the key factors which affected your choice of the good
My choice in buying the Bosch home professional front loader was deeply impacted by the efficiency ,branding,convenience and most importantly online reviews .While selecting my washing machine i looked at the efficiency of the machine , when i looked up this particular washing machine i noticed numerous factors leading to an all round efficient model, Some of these included its 4.5 Energy Stars and 4.5 Water Star (WELS) , this reduces the environmental impact, and cuts down on running costs. Another efficiency factor used was the EcoSilence Drive, This is an extremely energy efficient and quiet in operation feature which comes along with a 10-year motor warranty.And finally the i-Dos, this is a feature where the machine automatically and accurately dispenses liquid detergent for water and detergent savings.
My choice was also impacted by the brand , This was mainly because of its well known reputation for multinational engineering and electronic produce . Although i haven't specifically heard all about washing machines by this brand i have heard about other products e.g dishwashers and i can know rely on Bosch to be a reputable brand.
Another factor that lead me towards the Bosch front load washing machine was its convenience . Bosch is a well know brand and many of its products are sold in numerous well known retailers e.g harvey norman and Joyce Mayne . The fact that this product is sold in well known retailers such as these indicates it is of a high quality and performance level.
And finally reviews , While looking for this product i looked at online reviews to see how other purchasers of the product rated it and also if they would recommend it to someone else .After reading umpteen reviews i only found 1 person who was not impressed with its performance . Most people i found were impressed mostly due to its range of functions , efficiency , operating noise and finished clothing results.
Outline where (source and location) you will buy your good, justifying your choice.
Considering Bosch is a International brand and no stores are in Australia i will buy my product at Harvey norman. Harvey norman is a local and reputable retail store that allows you to compare and purchase products. I would choose to buy my washing machine at Harvey Norman located in the gordon centre (Sydney) because it is a local store and has the product in stock. Harvey norman also provides numerous policies within the store e.g If you feel your product has failed a Consumer Guarantee (as defined by Australian Consumer Law) then don't worry about it , you can easily return it to your local Harvey Norman store. Harvey Norman has even said they will pay for the postage p if you live in an area where there is no store.
Identify two alternatives for payment of your good
When purchasing a washing machine i would consider using a credit card or lay-by.The definition of credit is "the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future." I would use credit acrd as one of my main payment options for it is a light and simple way to pay for an item of this expense , their is also a good amount of protection when using a credit card , However there are also some disadvantages in using this payment , a main one including blowing your budget. When paying for an item of this expense it is important you can pay off the amount you used at the end of the month.
The other main payment option i would consider using is Lay-By . The definition of Lay-By is "a system of paying a deposit to secure an article for later purchase." I would consider using lay by in this situation for you can buy a product you want now and you can set aside enough money each week to pay it off in full purchase price before collecting it however there are also numerous draw backs on purchasing through pay pal , some of these include service fee's , cancellation fee's and only beinga ble to purchase a product on its original price.
Overall i would choose to buy my washing machine via credit for it is a more efficient and cost effective way of purchasing .
lay-by, Budgeting. "The Pros And Cons Of Lay-By - Shopping". CHOICE, 2017, https://www.choice.com.au/shopping/consumer-rights-and-advice/your-rights/articles/the-pros-and-cons-of-lay-by.
"Search Results For: 'Bosch Washing Machine' | Harvey Norman Australia". Harveynorman.Com.Au, 2017, http://www.harveynorman.com.au/catalogsearch/result/?q=bosch+washing+machine.
"Warranty Terms And Conditions". Bosch-Home.Com.Au, 2017, http://www.bosch-home.com.au/metapages/warranty.
"WAY32540AU". Bosch-Home.Com.Au, 2017, http://www.bosch-home.com.au/productlist/WAY32540AU.