Retail Therapy

Nine Ways to Shop Smarter

Do you want to know how you can never regret a purchase ever again? Shop smarter—that’s the simplest answer, which can spare you from remorse. Shopping wisely not only allows you to afford high-quality items and pieces at a fraction of the cost – it also helps you feel satisfied.
Read on to figure out what top financial experts suggest on how to save a hefty amount of money through planning your purchase and knowing the game most retailers play. Check out these nine tips for smart shopping.

1. Plan, plan, plan!

It pays to plan ahead of time. Know the pros and cons of purchasing an item. Make sure you ask yourself of the 4Ws. Who will wear/use it? Why do you need to buy one? What will you utilize it for? Where would you put it? If you don’t have any clear answer to these things, you may not actually need them. They can be simply called as your ‘wants’.

2. Be careful of special offers.

Cashback deals, vouchers, and special offers were created to lure you into spending more money. Never buy anything you don’t need because it’s on sale.

3. Tag a good shopping buddy.

Find someone who is knowledgeable at shopping and tag him or her when you need a buddy to buy new stuff. However, don’t let them decide for you. Remember, you’ll be the one to wear/use it, so better choose something you’re comfortable with.

4. Keep away from high-pressure promotions.

These days, advertising industries that are dedicated to determining what people consider crucial manipulate the market to make those choices. They have bombarded the marketplace with different expensive brands and products. For a rule, the more overpriced the product, the more appealing its ads. Don’t let yourself fall for these traps.

5. Shop online first.

It would be a wise decision for you to browse first online to get the best possible deals. Additionally, customer reviews and other significant details are also available online. This can greatly help you make an informed decision. Utilize tool like Shopzilla, Google Shopping or PriceGrabber to get results right away from a huge selection of companies.

6. Take a little closer at the reference price.

In marketing, reference price refers to the price that buyers expect to pay for goods since they’ve been purchasing them repeatedly. The thing here is, retailers know how to use this to earn more profit. Say for instance, you like buying 1kg of milk at $100.25. However, by reducing the weight of the milk from 1kg t0 800g, sellers would earn more without you noticing it. Being aware of this trick can save you some cash.

7. Take advantage of the search box when purchasing online.

To avoid impulsive buying, be sure to enter directly the name of the item you’re looking for on the search box or else, you may end up shopping more than you need.

8. Do not touch anything.

Lots of researchers found out that when you touch an item, the more chances you’ll purchase it since you feel you’re already its owner. So, do not touch anything.

9. Invest in memories instead.

While stuff like shoes and clothes can make us happy temporarily, nothing can still beat purchasing items because you want to collect memories.
See? It does not take much to become a smart shopper. Follow these nine ways and you will surely reap the benefits.

Retail Therapy

Any type of stress is scary. It can simmer over time and hit anyone like a sudden jolt. In fact, it can blast you unexpectedly. Fret not because here’s retail therapy to save you from your struggle.

What Is Retail Therapy Exactly?

Retail therapy can be more than just an appealing phrase. Most recent researches pertain to it as something that can ease anxiety and stress by just one purchase away.

Visiting a favorite boutique or window-shopping to lift one’s mood has been the subject of different surveys and reports these days which suggests that shopping while lonely can perhaps, help comfort such feeling. Apart from that, it can also minimize the effect of an imminent stressful life event.

Does shopping therapy really help?

Can retail therapy be the best way out of misery? While it isn’t recommended as a long-term strategy, science proved that it can make sad people happier. Based on what the University of Michigan published in the Journal of Consumer Psychology, choosing something and purchasing them was known to be 40 times more effective in dealing blues rather than just browsing.

As a matter of fact, shoppers who participated in the research were three times less unhappy than the non-shoppers. Most researchers said that their work recommends creating shopping options could help anyone bring back their sense of personal control over their environment and eventually, it lessen sadness. These findings contradict what most people negatively know about shopping therapy.

Retail Therapy Meaning – What Is The Psychology Behind It?

The whole concept of retail therapy is not new anymore. But there’s a distinction between two behavior types. Every time we feel bad about something, we try to change how we feel while other people who feel positive hold back to prevent losing such good feeling.

Francine Espinoza Petersen from the European School of Management and Technology analyzed the logic. She figured out that it isn’t just about the emotional state. The certainty level about their emotion matters as well.

This makes a great deal of sense then. Once someone feels bad, they are more expected to pamper every time in doubt since they think they could improve or alter the way they feel. Meanwhile, when someone’s in a good state or vibe, most probably they indulge once certain about it since there is a less danger of killing a good vibe with regret or guilt.

The Yoga Shop

Although retail therapy is proven to be an effective way to boost one’s mood as well as exercise control over the situation, it is not always the right coping mechanism. Not everyone has endless financial resources even if your issues and problems flow continuously.

Plenty of individuals out there have gone into debt due to retail therapy addiction. Thus, you need to practice restraint. Lucky for you, you can divert your attention without going broke through yoga. These past few decades, it has been gaining popularity as one of the most effective ways to reduce stress and anxiety. In this respect, it can significantly improve one’s overall health without spending too much money.

Seven Online Shopping Hacks You Need to Know Now

From earning cash back on each purchase to simple tricks, here are seven hacks every shopper to avoid paying full price.

1. Use price adjustment apps.

Not everyone has the luxury of time or energy to screen all shop website for price drops. Fortunately, you no longer need to waste too much time in taking advantage of products with money-back guarantee promo. Most experts suggest downloading price-monitoring apps such as Slice or Paribus to do the job for you.

2. Timing is everything when shopping online.

More often than not, retailers roll out their discount codes every Wednesday, Thursday, as well as Friday.

3. Fill up your cart and leave.

As a rule of thumb, save what is in your cart and then leave it for at least 24 hours. Chances are, you can get discounts once the retailer thinks that you’re planning for a purchase. Most companies will try to send you coupons to lure you back particularly during holidays.

4. Look out for sites with freebies and free shipping.

As much as possible, keep yourself from paying the shipping fee. Do your homework to make sure that you won’t pay anything for this. Read carefully the terms and conditions before purchasing.

5. Use credit over the debit card.

Credit cards can’t just protect you against online scams, but it’s easier to refund when your order is not right.

6. Follow your go-to brands on social media sites.

Undeniably, coupon websites are amazing; however, they are the only way to get deals. It’s ideal that you’ll follow your go-to brands on Instagram, Twitter, and other social media sites to score discount codes. In addition to that, you can stay updated on the newest inventory as soon as it hits the market instead of receiving annoying newsletters.

7. Read the negative reviews first.

Ignore the positive reviews first. Instead, focus on the negative feedback if there’s any. It is the quickest way if the complaint will affect your decision or not, especially if the product is too big or too small, etc. But then, it’s significant to take note that the internet is bombarded with trolls as well as fake reviews.
In other words, it pays to be a bit doubtful when reading and assessing the reviews before clicking the button ‘buy’.
Online shopping is absolutely important to our always-busy lives. With the above-mentioned hacks, you can be sure that you’re doing it properly.