BUSINESS OF THE DAY: Catalog Craze
Look through a store’s retail catalog in search of specific things – examples: find items that cost under $20, find items that cost between $50 and $100, find something your family would be interested in buying, find something your family is not interested in buying.
THE PRESENTATION SLIDE WITH TODAY'S OBJECTIVES: Why You're Doing This
- Teach your child to associate products with prices.
- Talk through the purpose of a catalog, and the process by which you would buy something from a catalog.
- Let your child browse through to select and communicate about items he or she likes, and why. Then, talk through how much that respective item costs, and why it costs that specific amount.
THE FAMILY CONFERENCE CALL: Questions to Talk About Together
- Find several items printed in the catalog, and then “total” them up. How much does each item cost separately? And then, what’s the total when we add them together?
- Talk through whether you (the parent) find certain items to be expensive, reasonable, or cheap?
- Pick out something your child really likes - how much is it? Why do you like it?
- What kind of choices does the catalog make – what do the pictures, models, letters, numbers, or descriptions look like?
- What’s the difference between a store and a catalog?
- Why do some companies use catalogs versus stores?
Parents, ask your child to find prices in the catalog, and then encourage him or her to read the price out loud. It’s good practice to keep numbers, dollars, and cents top of mind and part of the conversation.