shopping

consumer society

a large social system organizedaround spending by individuals

social status

consumers use goods to signal their social straits

wealth, intelligence, youth

fear of missing out

people tend to compare themselves to others

attention economics

producers compete to get attention from consumers

the most obvious type of attention is advertising

advertisements

can be found everywhere

you can watch, read and listen to it

can be very convincing

introduce and demonstrate products

can be educational

other countries and cultures are often shown

increase sales

misleading commercials

fake information

shopping online

buy on credit (hire purchase)

you get the product immediately and pay for it later

usually used for biger purchases

car, house etc.

buy on card

you tap your card to pay

it conveys information about the purchase to the card reader

it can ask for your PIN

you can shop from any smart device

you can view the product and get information about it

you need internet acess

you can shop anytime

you don't have to travel

there's usually a wide section of goods

paying by cash

no personal information

you will only buy products that are affordable

limited record keeping

there are no identifying factors if you lose cash

shopping toursism

people visit other country's to shop in

hypermarkets, shopping centers

on sales you usually buy things you didn't even need

you can buy almost everything at one place you need

shopaholics

shopping addicts

disadvantage: your package can lost or get damaged

loyalty programmes

second-hand stores

things you can't find anymore (cause they are old)

some people want to look different

protecting the enviroment

cheaper than new clothes