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Podcast: Daily Success
Episode: 027 | The Evil Ploys of Retailers
Description: Retailers prepare months in advance for Black Friday and come up with creative ways to stimulate our insatiable desire to buy more. Retailers throw all kinds of temptations our way. By employing anxiety-inducing buzzwords, retailers fuel the frenzy of Black Friday. They cultivate the illusion of scarcity, and hence pressure people into buying items now and asking questions later.Retailers also take advantage of human psychology and invoke our primal brain, forcing us to behave like our hunter-gatherer ancestors, by creating false scarcity and using alarming and somewhat frightening colors to highlight their offers and...