We all have this ever lingering regret after shopping maybe it is a pair of pants that didn’t fit us that well, but they fancied us so much that we bought them anyway. Or that we went to buy a pair of shoes and got an entire wardrobe instead. Here’s how you can shop smartly and save yourself big bucks.
Shop Online
Online shopping according to us has so many pros as to not even stand close in comparison with offline shopping. Online shopping websites like Amazon, Flipkart and now fast developing Cubber, etc. gives you cashback offers on shopping, exclusive discount offers codes which you can’t find elsewhere. One can pick only the things they are in need of and not get enticed by the assorted variety of mounted merchandise and products. Amazon online shopping with it prime benefits has given benefits like same day delivery, plus access to their prime video and much more. Another fast growing app called cubber, high in functionality gives out online shopping cashback offers on recharges, cashback on bills, travel ticket bookings, and exclusive shop and earn cashback that will help you earn lifetime royalty by getting commission from transactions made by your referrals.
Don’t be seduced by the fancy aisles
Retailers operate on the this fundamental theory that the quickest way to our credit cards is through our senses. The speakers at Abercrombie & Bose pump out loud, bass-heavy beats for teenagers with hormones rocking; hospitality sector are redolent with aromas of fruity freshness; jewelry stores aim at blaring bright halogen lights to bring out even more sparkle. These so-called induced atmospherics entices us so we linger longer and spend more time there, without any change in the value of the merchandise ever.
Don’t let the store mess with your preference price
This marketing tactic refers to the following thing. The seller expects you to pay the price that you expect to pay for something that you always have been paying, when that thing comes in a lesser quantity or quality. Retailers are quite occasionally mess with it. Take, for example, a can of beans. The price in your head is probably around 240 rupees. But by shrinking the size of the can from 600 gm to 500 gm, the sellers are making more money, even though the price looks unchanged to you. Sure, it does need a lot of patience but is necessary nonetheless.
Stick to thy shopping list
Psychologists say that generally we fall into two categories: Low self-monitoring people and High self- monitoring people. Low self monitoring folks aren’t too concerned with social feedback and make purchases based on their preference for a product, while high self-monitoring people buy to fit in. In short, you’ll make smarter purchases if you do not get affected by biases of your own and stick to your shopping list. Ignore these thoughts and quite a few buys will never make it out of your closet. It is often a biased thing that we wait for days for online shopping with best discounts and shop recklessly when we see the bright-bright product in front of us.
The free things come with a price
A Quick Test: You’re offered a choice between a free $10 gift certificate and a $20 gift certificate for $7. Which would you take? Behavioral economist Dan Ariely tested this on shoppers at a Boston mall. Results? They overwhelmingly opted for the free gift certificate, even when it meant losing out on a $13 profit. It’s easy to fall for free! But this free tag is costlier than you think it is.
Choose a partner wisely
Hitting the your fav stores or brands with a group of pals can be a fun way to spend your Sunday afternoon, but you should be aware of the fact that how others can influence your buying decisions. This particular phenomenon is often referred to as “group-level consideration,” meaning that the group you are with and not you, makes the spending norms and defines what is acceptable and condonable.
