Share

Money Talks
Money Talks: Shopping Tricks
•
Will you be buying gifts during the next few days or weeks? Money Talks wants to help you be a more informed shopper by sharing some marketing and psychology tips that are used to get consumers to buy more.
- False Sense of Urgency
- The Decoy Affect
- Buying in Bundles
- The Instant Markdown
- Buy One Get One
- Nostalgia
- Installments
- No clocks or windows
- Shop layouts
- Eye-level shelves
- Unorganized clearance sections
- Loss leader
- Parasite placement
- Since fast-food restaurants want customers to come in, eat quickly, and leave. Fancy restaurants encourage customers to stay longer and keep ordering more courses and drinks.
- Bracketing
- Specials with no price
- Loyalty or frequent buying programs
- One reason retailers started having holiday sales in October may be because Holidays are when people are the happiest. When people are in a good mood, they are also more willing to spend more money.
- The reason companies want to trade your email address for a small discount is simple: they will be able to easily reach you with tempting emails and ads about their awesome products to make you buy from them again and again. So maybe have an email account just for online shopping or have willpower. You could also unsubscribe from their emails after you get your discount.
- Back in the 1930s, retail stores started putting shopping carts near their entrances to inspire customers to make larger purchases. The idea behind it was simple: customers won’t buy heavy, expensive items if they can’t carry them around the store and to their cars.
https://blog.cheapism.com/consumer-behavior/#slide=22
https://www.visualcapitalist.com/29-psychological-tricks-to-make-you-buy-more/
More episodes
View all episodes
Money Talks| Personal finance traps to avoid
47:58|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we talk about personal finance traps to avoid.Money Talks| MS ABLE
49:37|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we visit with the head of MS ABLE, Josh Woodward. ABLE is a program that provides supplemental income to Mississippians with disabilities without jeopardizing any public assistance they receive.Money Talks| listener calls June 2025
48:51|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, Nancy and Ryder answer listener questions about credit card debt, IRA's and economic indicator reports.Money Talks| Retirement savings plans
50:08|Money Talks is hosted by Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we talk about retirement savings plans including IRA's and 401 K's.Money Talks| Best of 2025
47:21|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, since Nancy and Ryder aren't in the studio, listen again to some recent conversations from the program.Money Talks| Economic Indicators
50:14|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we discuss economic indicators and their importance to your personal finance. What are they? How do we learn from them? What makes a healthy economy?Money Talks| Essential Money Management Lessons
50:28|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, we discuss making a budget, credit scores, compound interest and other essential money management lessons.Money Talks| MS Council on Economic Education
49:42|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, our guest is Selena Swartzfager, President of the Mississippi Council on Economic Education.Money Talks| paying down debt
50:46|Money Talks is hosted by Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. To email a question to the show, send it to money@mpbonline.org. In this episode, Nancy and Ryder talk about ways to pay down debt.