2018年1月1日 星期一

The strange psychology of panic buying


When people are under time pressure to make a purchasing decision, they tend to rely on cues and shortcuts provided by the retailer. This might lead them to choose products that are prominently displayed or easily recognizable.

 

Time-limited sales and the perception of limited stock create a sense of urgency. Consumers often focus on the potential loss of missing out on a deal rather than considering the actual value or necessity of the product.

 

People tend to attach greater importance to the fear of losing out on a bargain than the satisfaction of buying something useful. The fear of missing out (FOMO) drives decision-making under pressure.

 

Making rushed decisions due to time constraints can lead to feelings of guilt or anxiety after the purchase, commonly referred to as "buyer's remorse."

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