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Consumers Buy Unplanned Items
Pulse
oi-Staff
Buyers are very well aware of this and always keep an additional budget at the back of their mind. The authors of a study regarding this phenomenon name it ''in-store slack''.
As part of their study the researchers quizzed shoppers at several grocery stores in Texas. The people were asked what items they planned to purchase, how much they expected to spend on the planned items, and how much they expected to spend on the total shopping spree.
After shopping, the reciepts were reviewed and it was found that more than three-fourths of the participants ended up buying unplanned things.
Displayed items in departmental stores, malls and shops often tempt people to buy unnecessary things, resulting in a disturbed hold budget.
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Story first published: Monday, February 22, 2010, 12:31 [IST]
Other articles published on Feb 22, 2010