by: tanya singh
wait, what? you don’t like to shop? my lack of enthusiasm for shopping always leaves my peers baffled. and i understand their puzzlement; we’re conditioned to love shopping. we are constantly bombarded with the latest in fashion, technology and personal care everywhere we look.
the pandemic saw us spending even more time on social media, and consumers reported feeling more
influenced to buy products
via social media than ever before. even as the economy slowed down during the pandemic, consumer spending on such household items as furniture, appliances and jewelry actually rose by almost 20 per cent.
but does shopping, either online or in person, actually make you feel good? researchers at stanford university have found that viewing items you want to buy can give you a rush of mood-lifting chemicals in the brain. nothing fires our brains’ pleasure centres like instant gratification, and shopping is the easiest way to attain that.
unfortunately, there’s a darker side to this consumer experience that isn’t well known. research by marketing scholars has shown that when it comes to shopping, consumers want variety: the more options, the better. this explains the appeal of superstores that sell hundreds of different brands of the same products. naturally, more choice is alluring, but more choice also triggers more “what-ifs” because you must forgo many options when you choose one. so variety is a double-edged sword: the more options we have, the harder it becomes to decide, sometimes preventing the making of a purchase altogether.