2 3

4 5
LESSON 3 Module 2: Buying and
selling Products Based on Needs
This lesson will give you ideas on buying and selling
products based on needs and demands in your school and
community. The most basic knowledge and skills that you
need in order to come up with a marketable product will
be discussed to help you get started with a small business
in school or within the community.
 The buying decision process starts with the recognition of needs and
wants. Purchase will not take place without first knowing what you need
and want.
A need is an important product that you must acquire. This is the
basic necessity of people. We cannot survive without them such as food,
clothing and shelter. Now a days, education and health care are part of
human needs.
Want is a product or goods that you desire or wish to have. People
can still live even without these products. Like Electronic products and
entertainment industry fall under this category.
However, a person's wants may be another person's needs.
A. Identify the following picture if it is a Needs or Wants? Explain why?
Direction: Identify the different businesses found in the community. What are
the products that they sell? Is it a need or wants?

1 3

2 4
Direction: Identify the different businesses found in the community. What are
the products that they sell? Is it a need or wants?

51 63

7 8
2 4

9 10
 LESSON 4 Module 2:
Selling Products Based on Needs
and demands in school and
community
Demands are a step ahead of wants. It is the amount of interest to a given product
that consumers are willing to buy at a given price, at a given period.
Sellers could offer products in the school and the community based on existing
needs and demands. Examples include the following:
1. Bottled water is one of the most in-demand products in school and community
that can provide a solution to the need.

2. Fast foods more people are busy in their work. They preferred to eat cooked food
and buy in karinderia or fast food chain store.

3. Street foods such as fish balls, siomai, and assorted kakanin can be sold the
whole day and are offered at a lower price.
3. Street foods such as fish balls, siomai, and assorted kakanin can be sold the whole day
and are offered at a lower price.

4. Baked products such as pandesal, ensaymada, bread loaf, cakes, and other pastries are
equally saleable.

5. Disinfectant or alcohol, today in new normal we need to protect our self in sickness, we
need to sanitize our self and the things we have by spraying or rubbing it.

Knowledge of the needs of people helps entrepreneurs market their products and services.
Products and services are bought and paid because they satisfy the needs and wants of
customers.
Among the products that are always in demand are food items and health products
Answer the following questions: