The drive to spend

Why do we rush to buy things we don’t need?
August 12, 2008 1:31 by kippreport
The Dh300 coupon that I had for Rivoli has just expired. Unfortunately, in spite of planning to spend the voucher for weeks, I never actually made it to the store, and am quite disappointed about wasting the voucher.
Giving out vouchers and coupons is one of the smartest marketing techniques. We buy stuff we really don’t need, only because we can get it cheaper. It rarely ever strikes us that if not for the voucher, we would have been richer by a lot more.
During events like the Dubai Summer Surprises and the Shopping Festival, cross vouchers (if you buy x, you will get 50 percent off on y) are rampant across the market, and hope to snare every passing customer.
And of course, there is also the flood of unnecessary coupons which slide under your door every morning— from furniture and restaurant vouchers to discounts on buying a building from one of the numerous agents in the city.
But still, a coupon in some ways seems to have the powers of Pied Piper. Are we bound to follow the tune, or can we block it out? What do you think?
More on Kipp's Blog
-
Taking on Abercrombie & Fitch
-
Fake pilot ‘on the run’
-
Sharjah Police ‘steal’ your car
-
Ink yourself for a pay rise?
-
Entrepreneur Diaries: From crib to playground
-
Bikinis aren’t outlawed, but use ‘common sense’
-
Treading the fine line between inclusion and exclusion on Dubai’s beaches
-
Yet another stunning time-lapse video of Dubai
-
Maradona: Dubai is “wonderful tranquillity”
-
Cookery website eats its words
-
Will this man’s unfinished message encourage you not to text and drive?
-
For whom the Salik gates toll
-
Zuckerberg . . . and a screaming goat
-
Five days left – and counting – for Etisalat users
-
Nutella thieves on the run – caught sticky-handed?
-
‘VoIP services through Skype are still unauthorized’ – TRA
-
Over a coffee: Canadians get their UAE visas back
-
Sharing the love: Smells like team spirit
-
Dubai back in the game?
-
Why the bi-annual GITEX shopper is a good idea
Lately on Kipp
-
Dusting off the Emirates ID card
-
Turkish Airlines Can Ride Out Turbulence
-
Taking on Abercrombie & Fitch
-
Red Hat Expands Technical Account Management Services to Offer SAP® Solution-centric Support
-
R&M’s New CSR Report Highlights Company’s Achievements in Advancing Ecological Efficiency and Social Accountability
-
NCoV – First report of patient-to-nurse spread


































