The article discusses how brand loyalty can inadvertently lead consumers to overspend. It highlights key indicators of this phenomenon, such as not comparison shopping, making impulse purchases based on marketing rather than necessity, and sticking to familiar stores out of habit. Experts warn that consumers might blindly pay more for premium brands instead of considering budget-friendly alternatives that offer similar value. Awareness of these tendencies can help individuals make wiser financial decisions by prioritizing deals over brand attachment.
Experts emphasize that sticking to brands without exploring alternatives can lead to unnecessary overspending, particularly if these consumers do not compare prices.
Impulse buying driven by brand loyalty, especially during promotions, can result in spending on products that may not meet any actual needs.
Collection
[
|
...
]