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Supermarket Psychology: How we’re tricked into spending!

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Janine
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Janine Marsh

Financial Expert

My name’s Janine, and I’m a mum of two who’s always been passionate about trying to cut down spending costs. I am now sharing as much financial knowledge as I possibly can to help your money go that little bit further.

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· Feb 14th, 2024

Supermarkets, with their strategic layouts and enticing displays, have a way of making us spend more without even realising it. I’ll let you into their sneaky tricks so you can navigate your trolley without being fooled.

The Checkout Temptations:

Chocolates, gum, or snacks – classic impulse buys, they put them all by the till for that exact reason. Instead of succumbing to these last-minute purchases, consider using this time to review your shopping list. 

Eye-Level Ploys:

Have you ever noticed that products at eye level tend to be pricier? It’s no accident; supermarkets strategically position items to grab your attention. Look up and down the shelves – you might find equally good or better options at a lower price. 

The “Buy One, Get One Free” Dilemma:

While these offers make us feel like we’re getting a great deal, it’s crucial to ask yourself if you genuinely need that extra item. These promotions create a sense of urgency, prompting impulsive decisions. 

Psychological Triggers:

Researchers have identified psychological motivators behind shoppers’ attraction to promotions. Discounts generate heightened positive feelings, and studies indicate that receiving a discount increases oxytocin levels, the “feel good” hormone. 

99p Pricing Trick:

Prices ending in 99p play tricks on our brains, making us perceive them as significantly lower. Take a moment to round up these prices and assess the actual cost. 

Store Layout Tactics:

Supermarkets strategically place essential items near the back to keep customers in-store longer, increasing the chances of additional purchases. Sticking to your shopping list and avoiding unnecessary detours can save your spending.

Limited-Time Offers and Seasonal Temptations:

Limited-time offers create a sense of urgency for quick decision-making. Before you throw the offer in your trolley, assess if the deal genuinely benefits you. Plan your purchases based on your needs rather than the retailer’s promotion schedule.

Online Shopping Vigilance:

Online shopping comes with its pitfalls, like estimated costs and obscure substitutes which are a far cry from your original order. Check your final receipt and don’t hesitate to return items if the cost exceeds your expectations.

Understanding the psychology behind supermarket tactics empowers you to be a more mindful shopper. Now you’re aware of how we’re being hoodwinked, you can navigate your trolley through the aisles smartly, making every bit of saving count.

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My name’s Janine, and I’m a mum of two who’s always been passionate about trying to cut down spending costs. I am now sharing as much financial knowledge as I possibly can to help your money go that little bit further.