“If money can’t buy happiness, why does it sometimes feel so good to buy stuff?” asks Kristin Bianco in his personal finance column at Fox News Network. Well, there is an answer for Kristin’s question if you search for it at the right place. That place is consumer psychology. Professor Kit Yarrow, professor of psychology and marketing at Golden Gate University in San Francisco, writing in Psychology Today names the good feeling that Kristin experience when buying stuff “retail therapy”. She says a recent study has found that more than half of Americans admit to engaging in “retail therapy.”
So, when your customers feel down, they go shopping to feel better…
Finding the joy of shopping
According to the emotional view of consumer decision-making, each of us is likely to associate deep feelings or emotions, such as joy, fear, love, hope, sexuality, fantasy and even a little ‘magic’, with certain purchases. Also, scientists have found that shopping does make some people feel good. It’s been reported that when a person shops, the brain releases the chemical dopamine. Dopamine is linked to feelings of satisfaction and pleasure and is released when you face new, exciting