Why do you buy the things you buy? How many of your purchases would you attribute to "impulse buying"? Impulse buying is when you buy something you didn't plan to buy in advance on a sudden whim, or impulse. But how random is it really? What's the psychology behind impulse buying? How do companies and advertisers use that psychology to make you buy things impulsively?
Nowadays, advertisers study psychology. Your humble host for today's fascinating discussion club happens to be a chief psychological counsellor, the former CFO of L'Oreal, and a business consultant so he's seen both sides of the coin. Let's dive deep into the psychology of impulse buying, why we do it, how it affects us, and how companies use it. Let's have an enlightening conversation!