Don't Be Fooled by Sneaky Retail Tactics -- Savings Experiment

Don't Be Fooled by Sneaky Retail Tactics
Don't Be Fooled by Sneaky Retail Tactics

After years of research, retailers have invented many tricks of the trade to get as much of your money as possible. Here are a few ways you can hang on to your savings without getting duped.

First, while you're shopping, don't always follow your nose. Many retailers actually spray pleasant fragrances that are engineered to make you buy more. As it turns out, the smell of leather and cedar convinces us to buy luxury furniture, while citrus encourages us to browse longer and spend more. Instead, shop on a full stomach. This will serve as a barrier between your wallet and your nose.

Next, take a closer look at sales, because some deals aren't always steals. At the supermarket, for instance, you may see a sign that says "10 boxes of pasta for $10," but what many consumers don't realize is that this is just another way of advertising 1 box for $1, and that they don't have to buy all ten boxes to qualify.

Finally, if you've ever gotten lost in a store and couldn't find your way out, that might not be an accident. Retailers will re-arrange store layouts and intentionally locate crucial things like changing rooms towards the back of the shop. This way, you'll spend more time in the store, looking at items you didn't plan to shop for. Next time, just get in, get what you need and get out. If you can't find what you're looking for, ask an associate.

When you go to the store, remember these tips. You'll find that you can outsmart the retailers, and spend wisely, too.


Originally published