5 Sneaky Tricks Advertisers Use To Get Your Money

Subliminal messages exist for a reason. You see, most of our decisions are made on an unconscious level. This means that our behaviors are influenced by our wishes, interests, and motivations.

Say that you have been scrolling freely thru your Instagram feed and you saw a fast food ad. Days later, you caught yourself craving for a delicious cheeseburger.

Hidden persuasions are the driving force behind advertising. And, these persuasions happen more often than you think!

On that note, here are 5 Sneaky Tricks Advertisers Use To Get Your Money:

ILLUSION OF SCARCITY

Why are people so attracted to items that are limited edition? For starters, scarcity is usually linked to luxurious products. Talk about the limited supply of Yeezys and diamonds!

Scarcity also suggests that people want a product so bad that its supply depleted. I can vividly recall the time I visited a blogshop and saw this long black dress. At the bottom it displayed: “only one piece left”. I really wanted to purchase this dress, but I was contemplating on whether I need another black dress or not. Buying mode kicked in when the fear of missing out (#FOMO) emerged. I wanted to secure the last item left! This goes to show that scarcity technique works so well because it entails that our freedom of choice can be gone is a snap!

POWER OF SOCIAL PROOF

Word of mouth spreads like wildfire! When you want to purchase new products or try new services, you approach others for recommendation. We go to recommended doctors for health advise and to highly-raved hairstylists for a new ‘do. You are more likely to subscribe to something that has gotten a stamp of approval from a person you admire. So much for individuality, huh?

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When my significant other and I go on a date, we usually check out food review websites such as burpple.com and hungrygowhere.com. We tend to eat at places with higher reviews. This illustrates the power of social proofing. According to social proofing, we are more likely to buy something that the majority approves. This is why modern advertisers turn to Facebook and Instagram to get as much “likes” as possible!

ART OF REVERSE PSYCHOLOGY

Let’s face it! There is a reason why some people hide from sales representatives who follow them around. Nobody likes to be told on what to do, especially when they are about to make a purchase. This is where the Art of Reverse Psychology comes in handy.

Advertisers understand that you do not like to be blatantly persuaded. Which is why they try to convince you that you have a choice in the matter. They may say something along the lines of “you are free to try Brand X but…”. Their transparency can hook you into buying the product.

INFLUENCE OF THE DECOY EFFECT

Have you ever experienced shopping around for appliances and seeing the usual price as well as the discounted prices? Well, the discounted price sure is attractive! It makes me wonder how long has the usual price been there? Is the discounted price really a steal?

Dan Ariely, an Ivy-league professor of Psychology and Behavioral economics, did a study on the different price options. As it turns out, a company may include an additional price option just to make you think that you are getting a good deal.

His study included three magazine subscriptions: an online subscription for $59, a print subscription for $125, and a print-and-online subscription for $125. When Ariely offered the three options to the participants, most of them picked the combo option as it seemed like the best deal. However, things changed when only the print or online options remained. Most of them sticked to the cheapest option – the $59 online subscription.

RICHNESS OF ANECDOTES

Customer testimonials are powerful not only because of social proofing, but also because of the richness of anecdotes. Research suggests that stories and individual examples stick to our brains better than statistics. This make sense as stories transport us to a place where we are most likely to believe in something.

Simply watch this heartwarming video by a Thai Insurance company:

If you are more likely to be persuaded by emotional advertisements or stories, you may want to stay vigilant for your budget’s sake!

Sources: 1 & 2

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How To Fool Yourself Into Saving Money

If money could talk, my wallet would be having a farewell party. I am not exaggerating! The weight of the Yuletide Season has been hard on my budget. You see, we are constantly bombarded with flashy sales and social gatherings.

The materialistic temptations becomes harder to resist due to the year-end bargains. Not to mention, the convenience of swiping a credit card makes spending easy!

Fortunately for you, there are other strategies that you can employ to save money. See how much you can potentially save with these four money tricks!

PUSH THE AUTOPILOT

How can you spend money that you do not see? This is no “vanishing coin act”! Instead, I am referring to automating your savings. Setting up an automatic transfer to your savings account can help you fulfill your financial goals. Whether you are looking forward to the night market or the BTS concert in Thailand, your expenses can be covered by your savings.

There is truth to the phrase: pay yourself first. Allotting a portion of your income to personal savings is as easy as allocating a budget for your phone bill. Upon getting into the habit of saving, you will be able to resist the temptation of spending. Ask your bank for guidance in automating your transactions.

EVERY CENT COUNTS

As I was walking to a dollar store, I saw an elderly man leaning towards the coin he just dropped. No matter how small a currency may seem, every cent counts. It is only logical to say that keeping your loose change in the course of the year can add up to a few hundreds of dollars! So, consider developing the habit of growing your cents.

Begin by getting an empty jar. You may turn it into an arts and crafts activity by having your child decorate the surface of your jar. Afterwards, empty the contents of your wallet every three days. Pour all the loose change into your decorated money jar. By December, you may exchange these coins for bills at your local bank. Growing your money jar will not only declutter your wallet, but also grow your wealth.

REMOVE THESE NUMBERS

Let us face it! Online shopping has been more prevalent than ever. The mere fact that you can get a blanket set from IKEA Singapore within three business days only shows how convenient it is to shop. The virtual market’s prompt gratification can breed addiction. Personally speaking, a friend of mine gets various packages sent on a weekly basis. It is crazy how each one comes from different parts of the world!

You open more rooms for financial vulnerability by setting up a customer account and saving your credit card information. So, consider deleting your online shopping accounts.

Adding an extra layer of difficulty while shopping gives you more time to weigh whether you really need to purchase an item or not. If you lack courage to delete the information on your own, you may ask the help of your trusted spouse. Who knows? This third party intervention may just be the solution to avoid impulse purchases.

A SINGLE QUESTION

As I was walking inside a fast-fashion store, I realized how random purchases can take a toll into my finances. Stocking up on adorable yet unnecessary items on Daiso can affect my budget for the next day. If only you can ask yourself a single question!

Do you believe that a single question can change your spending outlook? Well, it sure is possible! Who knew that a sequence of words can convince you to leave a shop without a cart full of non-essential items.

Simply ask yourself this: “Did I need it yesterday?” If you do not need it yesterday, you probably do not need to buy it today. By asking acknowledging whether an item is a need or want can help you stick to your budget.

Image Credits:pixabay.com

Saving money does not have to be a chore! May these easy tricks help you reach your savings faster than you would have thought.

Sources: 1 &

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How To Survive Awkward Holiday Gatherings

This is the season when party invitations pour in. From family gatherings to company celebrations, the holiday cheer assails you from every angle. Not everyone holds the cheerful tune in the same manner.

If you have social anxiety or have a tendency to be awkward during parties, then you are not alone. Many people experience “holiday anxiety”. Here are some ways to deal with it…

#1: EMBRACE THE SMALL TALK

Whether you like it or not, small talk is the core of social gatherings. If you label yourself as a person who is not good at conversation, you might be so stressed about the things you say that you end up saying nothing at all. Navigate through casual conversations by preparing for it.

Image Credits: pixabay.com

Share at least two interests or experiences. Or better yet, dwell on the new things that you can learn from the person that you are talking to. Focus on the other person. Ask simple questions such as “What keeps you busy?” or “How do you see your field changing a few years time?” You may also ask a couple about the story of how they met.

#2: ACCEPT THE PARTY DYNAMICS

Be honest with yourself! You probably get along better with your friends than your family or co-workers. That is completely understandable. You have chosen your friends based on your compatibilities. Being with them this holiday season can be a breeze!

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While, family members are fixed whether you are like-minded or not. Accepting this fact can help you quit expecting to get along with everyone. Instead, focus on loving your family in spite of your differences.

#3: BE OPEN TO STRANGERS

Parties are the breeding grounds of strangers. I know that you are way beyond the “stranger danger” stage, but you might be worried about meeting new people. The anticipation of interacting with strangers can stimulate personal questions such as will you be boring or weird during the conversation. Stop ruminating about these thoughts!

Remember that a conversation is a two-way street. It is not your duty to carry the talk the entire night! If the person seems uninterested or less chatty, he or she may be tired or preoccupied. Who knows? This person may be socially awkward too.

Image Credits: pixabay.com

Above all else, you must do your best to stay present in the moment. Post your holiday photos a day or two later. You do not need to compete online or keep up with the people who brag about how amazing their holiday experiences are!

Sources: 1 & 2

 

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How To Become A Money Magnet

Equipped with a best-selling spirituality book, you realized that there was a secret to cultivating the life you want. I know how bizarre this sounds, but hear me out! Rhonda Byrne, The Secret’s author, claims that our thoughts can influence the world we live in. This concept of manifesting destiny is called “Law of Attraction”. According to this concept, investing positive energy and belief can lead to a desired outcome. In contrast, negative thoughts may attract negative outcomes.

Similar to other philosophies, the Law of Attraction stresses how the universe and its creations are made of flowing energy. Your energy can be used to either attract or repel money. To attract money based on the Law of Attraction, you may follow these steps.

STEP #1: OBSERVE YOUR THOUGHTS

How can you lure money into your life, if you feel negative about it? What goes around comes around. Before changing your thought patterns, awareness of your thoughts on money is important. Be mindful with how you speak about money and wealthy people.

Image Credits: pixabay.com

Do not be quick to diminish your worth. Instead, appreciate what you have. Law of Attraction entails that you train the universe to send you more money by receiving and appreciating it.

STEP #2: RE-FRAME YOUR THOUGHTS

Have you noticed that whatever you do in two weeks straight usually becomes a habit? The act of repetition is essential to reprogram the minds of animals as well as humans. Reprogram your mind to attract money by wishing for abundance.

Law of Attraction encourages you to send positive signals to the universe by dressing the part, by surrounding yourself with money savvy individuals, and so on. Behave in a way that is directed towards your desires.

STEP #3: MAKE A LIST

Visualization is one of the key tools of the Law of Attraction. It allows you to create a path that you can reach for. You are empowered to create a vision for your financial life. Be clear about the amount of success and abundance that you want to achieve. It is recommended to practice visualization on a daily basis.

Dive into the feelings of abundance by either making a financial list or by making a money vision board. Practicing visualization on a daily basis may open opportunities to manifest these items.

Sources: 1 & 2

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Thrive In The Workplace With These Personality Traits

When applying for a position, professional success and industry experience are merely parts of what the hiring manager wants to see. Elements which are harder to show are crucial for landing the job! I am referring to the personality traits that make you a good fit for the company.

Keeping the job with these personality traits is another story!

#1: INTEGRITY

It goes without saying that upholding moral principles is a desirable quality in the workplace. Hence, some hiring managers conduct integrity tests by providing situational questions. The employer needs to know that you can be trusted even without his or her presence.

Do you steal company pens on a regular basis? Or, do you leave early without saying a word? You may think that no one sees these subtle dishonesty, but you are wrong. You never know who is watching you! You best behave well. Choosing the “right” thing to do is challenging, but you must not give in to your selfish desires.

#2: OPENNESS TO FEEDBACK

When it comes to the workplace, being open to receive developmental feedback or constructive criticism is crucial to success. Receiving these messages can help you to efficiently hit your career goals.

The secret to receiving and giving feedback is to come into the conversation from a place of kindness. Keep in mind that you are not receiving constructive criticism because the person dislikes you. Instead, this person wants you to be the best version of yourself. Taking things personally or reacting defensively can surpress a more practical strategy that you can adapt.

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For people who are not comfortable with receiving feedback, immersion therapy is recommended. Make feedback a part of your daily life. Ask feedback from the people you work with as well as the people who knows you best. This way, future feedback will be easier to take.

#3: ADAPTABILITY

Whether you are shuffling a schedule with your pregrant co-worker or relocating to a new town, nobody wants to listen to your complaints. Accepting that change is a part of the constantly-evolving business world is important.

Say that you are not comfortable with the frequent changes happening in your workplace. Instead of immediately voicing out your emotions, you may write these feelings down. Organizing your thoughts can help you distinguish whether these are legitimate concerns or annoying complaints. Urgent matters need to be discussed with the team.

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Nonetheless, flexibility is a desirable trait in every industry. Having a positive attitude about change and unforeseen events can help you grow in your career.

#4: DISCIPLINE

Discipline is the practice of training people to obey rules or a code of behavior. It is the action or inaction related to the code of ethics or the rules governing your company. Discipline is more than just ticking all the boxes of your to-do list. It is an attitude that can pour out to all of your professional decisions. An employee with a poor attitude will not go very far in life!

If you aim to be a boss one day, you need to develop self-discipline. Say that you cannot manage your own time. How can you expect your employees to manage theirs? Self-discipline in the workplace involves arriving on time and resisting the temptation of skipping “boring tasks” such as attending meetings or organizing files.

#5: KINDNESS

Work may be the place where you want to be kind, but being likable can get you far! Likable or pleasant people tend to have more employment opportunities as well as co-worker support. Pursuing your career goals while keeping the best interests of others in mind is ideal.

Image Credits: pixabay.com

Nasty people do not always finish first! You do not need to step on people’s ways to get ahead of the employee ladder. Focus on advancement while noticing the needs and feelings of those around you.

Sources: 1 & 2

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