Shopping can be both rewarding and frustrating. People purchase stuff they need and want. And people buy stuff that they do not even want or need, and not always thinking why in the first place. The search for an answer to that question is always why?
According to financial experts and psychologists is that people shop most of the time for non-sense things. Yes, it is given that ads and marketing strategies make people purchase things endlessly, however, at the end of the day, nobody puts a gun to your wallet. So, in order to protect yourself from imprudent shopping online, you should be aware of what is influencing you in the first place.
To help you out, here are some tips that will guide you mindfully with your money in shopping online courtesy of CRATE CLUB.
- Do not get lured easily– A lot of people easily get seduced or lured to stores that they see online. This is because a lot of retailers and brands operate on the theory that the fastest way to get people’s attention is through senses. Some post colorful images of their products endorsed by celebrities and famous personalities, while some have commercials that are just too appealing. This kind of enticement will linger longer and encourages people to spend more; however, this will not improve the value of the product at any point.
- Do not let the online store scramble your referred price– This marketing term refers to the price that you are expecting to pay for something, knowing that you have purchased the item many times before, and retailers are quite very adept at messing with it. For an example, if your purchase a salmon steak for a particular price, however, the retailers shrunk the size of the piece of meat without changing the price, which means that they made more money out of the product they sell to you while you, do get lesser in return.
- Monitor yourself as a shopper– A lot of psychologists say that a lot of people fall into one of the two categories; low self-monitors that are not too concerned with social feedback and even make purchases based on their preferences of a product, while those who have a higher self-monitor can purchase to fit in. Generally, you will make smarter purchases if you stick on shopping temperament by ignoring these kinds of thoughts and quite fewer purchases will never make it out of your closet.
- Don’t get easily baited with freebies– You have to think quicker. According to psychologists, people are easily lured with free gift certificate even though it means that they will lose more money on a smaller profit. It is very easy to fall for free, however, the price tag can cost you more than it appears.