← back

Discount Trap — How e-commerce sites fool you with discounts

Original: DISCOUNT TRAP | How e commerce sites fool you with Discounts | Money Purse

111.4K views · Oct 26, 2024 · 18:40 min · Watch on YouTube ↗
Takeaway

Festive online discounts are engineered psychological traps — recognise the tactics before letting a 'sale' decide your spending.

Summary

  • Explains five psychological traps e-commerce platforms use to make festive sale discounts feel bigger than they are
  • Mentions tactics like decoy/anchor pricing, mirroring, and influencer-driven FOMO especially during Diwali sales
  • Argues 'savings' from sales often lead to unnecessary spending rather than real savings
  • Encourages viewers to recognize the manipulation before clicking 'buy'
consumer awarenessbehavioral financespending
Original description
To support our channel use the link below
Angel Broking 👉 https://angel-one.onelink.me/Wjgr/8vxyj8iq
IDFC free Credit Card (Free) - https://wee.bnking.in/ZTFkZTc1
AU Credit Card (Free) https://wee.bnking.in/NmZkNGQ4
You can compare Term Insurance here 👉https://bit.ly/46hsSJA    
You can compare Health Insurance here  👉 https://tinyurl.com/pgc9dcxc
TELEGRAM: https://telegram.openinapp.co/money-purse


🎉 Diwali Festive Spending Got You? 🎉
In this video, we're diving into why saving money should come first, especially during the festive season! 💸 Diwali often brings out the urge to splurge, but with our playful skit, we’ll reveal 5 psychological traps that push us to spend more than we need to. Whether it’s the fear of missing out, irresistible deals, or social pressure, we've all been there!

Watch as we break down each spending trigger in a lighthearted way, plus tips and tricks to dodge these traps and keep your savings in check. Let's make this Diwali about smart choices and lasting savings!

👉 Hit Like & Subscribe if you're ready to take control of your wallet this festive season!


To support our channel use the link below
Angel Broking 👉 https://angel-one.onelink.me/Wjgr/8vxyj8iq
IDFC free Credit Card (Free) - https://wee.bnking.in/ZTFkZTc1
AU Credit Card (Free) https://wee.bnking.in/NmZkNGQ4
You can compare Term Insurance here 👉https://bit.ly/46hsSJA    
You can compare Health Insurance here  👉 https://tinyurl.com/pgc9dcxc
TELEGRAM: https://telegram.openinapp.co/money-purse


You can learn Basics of Stock markets for beginners, How to do Fundamental Analysis of a stock or any company, Expert Interviews, Financial Planning, Tax planning , Daily Stock Market News and many more for free in our channel
Get free Knowledge and learn how to be a pro in Stock Market Investments and your Personal Finance.

Stay In Touch👇
Also connect with us on👇
📷Instagram:  https://www.instagram.com/moneypurseadv/
🕊Twitter: https://twitter.com/Moneypurseadv
📱Facebook: https://www.facebook.com/moneypurseadv/

00:00 Diwali Ideas you need to know
02:25 Trap 1
06:05 Trap 2
09:57 Trap 3
13:02 Trap 4
15:03 Trap 5

Thanks for watching..
Team Money Purse