6 min listen
027 | The Evil Ploys of Retailers
FromDaily Success
ratings:
Length:
10 minutes
Released:
Nov 24, 2020
Format:
Podcast episode
Description
Retailers prepare months in advance for Black Friday and come up with creative ways to stimulate our insatiable desire to buy more. Retailers throw all kinds of temptations our way. By employing anxiety-inducing buzzwords, retailers fuel the frenzy of Black Friday. They cultivate the illusion of scarcity, and hence pressure people into buying items now and asking questions later.Retailers also take advantage of human psychology and invoke our primal brain, forcing us to behave like our hunter-gatherer ancestors, by creating false scarcity and using alarming and somewhat frightening colors to highlight their offers and deal prices.As a result, many people end up spending more on items even if they can’t afford those items. And due to this, they accrue heaps of credit card debt.
Released:
Nov 24, 2020
Format:
Podcast episode
Titles in the series (100)
009 | How You React Matters More Than What Happens To You by Daily Success