October is Consumer Welfare Month: Consumer Rights for the Digital Age

WIP

Hello October! Hello Birth Month!

I'm really excited on this project that I'm working on right now. I have worked with the Department of Trade and Industry for quite some time last year and it was fun. (Story here)

This year I was task to create another campaign for CW this time here at the PIA.
The 2017 theme is "Consumer Rights for the Digital Age" (link)

It was so millennial haha! 
We came up with this urban dictionary, It is a list of terms that are commonly used in the digital market.

Online Shopping Terminology;

1.     B> (Buyer) A person looking to purchase a product.

2.     S> (Seller)  A person looking to sell a product.

3.     Bogus (Fake)

4.     Legit (Real)

5.     HM- (How Much?) - Commented on a post inquiring on the price of the product.

6.     PM Po- (“Private Message po") - Common response of the seller when asked on details of the product for sale. This means that they are asking you to message them directly and to continue from there.

7.     JIC- (“Just in Case”) - In a situation where there are two potential buyers of the same product, the seller would agree to one but also to ensure a buyer, would message the second to give assurance that if the first were not to go through they would in turn get the product.

8.     LP (“Last Price”) – the lowest negotiating price the seller is willing to go for the product.

9.     BQ/LQ (“Bad Quality/Low Quality”) – Used to describe the condition or quality of the product

10.  GQ/HQ (“Good Quality/High Quality”) - Used to describe the condition or quality of the product

11.  Dibs – To reserve a product for sale.

12.  MOP (“Mode of Payment”) - Means of how the product being bought would be paid for.

a.     COH/COD (“Cash-in-hand or Cash-on-Delivery”) -cash payment would be given upon delivery

b.     Deposit- payment would be deposited to a bank account. The seller would request you to send the transaction number as proof of payment.

13.  SF (“Shipping Fee”) – Usually not included on the actual price of the product, is an added payment for the delivery of the product through a courier service.

14.  ETA/ETD (“Estimated Time of Delivery or Estimated Time of Arrival”) The time it would take the product being delivered by a courier.

15.  Meet Up – Type of transaction where both the buyer and seller agree to meet at a specific place to exchange product for payment

16.  Swap or Trade – Type of transaction where instead of money, an item of equal value is exchanged for the product.

17.  RFS (Reason for Selling) -  The reason for the product being sold.

18.  Up! – Placed in comment boxes to push the post up on the feed for promotion.

19.  LF (“Looking For”) – Posted by buyers that are looking for a specific product.

20.  FAQ (“Frequently Asked Questions”) a list of questions and answers usually provided for by shops and sellers on questions repeatedly asked.

21.  WYSIWYG (“What You See is What You Get”) -  Referring to the photo or immediate description of a product being sold on it being what was only detailed and shown beforehand.

22.  TIA (“Thanks in Advance”) A form of pleasantry given even before the completion of a transaction.

23.  PTPA (“Permission to Post Admin’”) – attached to posts that haven’t gotten officially approved by the mediators or administrators of a page. Can be taken down from the page. 16. ETA/EDA- Estimated Time/Date of Arrival.

-->

 Do you have any other term that we might have missed? Comment down below!

I'll make some social media cards out of this hopefully I can finish this in time haha

Cheers!

PS: thanks Andrew my trusted researcher for this!