Personal Finance TV
Personal Finance TV
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How brands trick us into spending more?
With technology at our fingertips, shopping has never been easier. From quick payments to free delivery, it's so convenient that we often buy things we don't need, sometimes just to lift our spirits. But did you know brands use our emotional state to drive these purchases?
In this episode, we dive into the psychology behind retail therapy with Ritu David, founder and CEO of The Data Duck, a digital product development and design firm. We explore:
-How brands leverage emotions to encourage buying
-Upcoming tech advancements that could make retail therapy even more irresistible
-Tips to help you avoid impulsive shopping decisions
Timestamps:
0:00 - Introduction
01:00 - What is retail therapy?
02:12 - How prevalent is retail therapy across different age groups, demographics, and income levels?
03:20 - How brands use data to make products more accessible
05:09 - The role of influencer marketing in driving more purchases
13:45 - Top 5 strategies brands use to encourage purchases
21:18 - Tips for mindful shopping to avoid retail therapy
Disclaimer:
This content is provided for educational and informational purposes only. The views expressed by our guests reflect their personal opinions and experiences. Our intent is not to defame or cause harm to any individual, entity, brand, or product mentioned. We aim to offer insights that empower our audience to make well-informed decisions. Viewers should consider their unique circumstances and consult with qualified financial professionals when necessary before acting on any information presented in this video.
Guest social Media:
LinkedIn: www.linkedin.com/in/ritu-david/
Instagram: ritu_david?hl=en
Twitter : x.com/RDConsultingIN
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ความคิดเห็น

  • @atj5375
    @atj5375 วันที่ผ่านมา

    Thanks for such a valuable content. I liked the interviewer, not interrupting the guest. 🎉❤

  • @abc39722
    @abc39722 วันที่ผ่านมา

    Great podcast which gives excellent clarity on early retirement and planning for the same.

  • @testingmode9641
    @testingmode9641 วันที่ผ่านมา

    That's quality content, the guest explains it in so easy words...

  • @realinterviewknowledge8473
    @realinterviewknowledge8473 2 วันที่ผ่านมา

    This is very insightful

  • @nareshn6628
    @nareshn6628 2 วันที่ผ่านมา

    nice content, thank you

  • @tigerchakrapani6021
    @tigerchakrapani6021 3 วันที่ผ่านมา

    Very nice interview with nice knowledge person 👍 👌

  • @tigerchakrapani6021
    @tigerchakrapani6021 3 วันที่ผ่านมา

    ❤❤❤............😊😊

  • @testingmode9641
    @testingmode9641 3 วันที่ผ่านมา

    So true!

  • @lord_britu
    @lord_britu 6 วันที่ผ่านมา

    Content is good. Scope to improve audio.

  • @mafollubricants906
    @mafollubricants906 7 วันที่ผ่านมา

    Great content by Dr Menon as always

  • @codedusting
    @codedusting 7 วันที่ผ่านมา

    Key point here: he had a business income.

  • @SurinderKumar-z7r
    @SurinderKumar-z7r 7 วันที่ผ่านมา

    Aap Anupam tripathi finance sir ko bulao

  • @aveera
    @aveera 9 วันที่ผ่านมา

    Good one guyz 👍

  • @stan19799
    @stan19799 13 วันที่ผ่านมา

    Regarding the rental yeilds, understand 7 to 9 %, on the invested value, property value, also if so, though the percentage remains in the 7-9 range, the monthly amount shall increase over the next years?

  • @RaeesUnboxingwala
    @RaeesUnboxingwala 16 วันที่ผ่านมา

    SBI is still giving balance transfer option

  • @adityapatnaik7078
    @adityapatnaik7078 16 วันที่ผ่านมา

    HANDA is Ganda ?

  • @neokarma5736
    @neokarma5736 20 วันที่ผ่านมา

    I have a very good answer to "What do you do" question... I watch youtube videos.

    • @neha_ankolekar
      @neha_ankolekar 19 วันที่ผ่านมา

      Answer like I am a full time investor

  • @mangeshgholkar8449
    @mangeshgholkar8449 20 วันที่ผ่านมา

    Amazing interview, thanks for inviting Ravi. Also the choice and sequence of questions are fantastic. Thank you.

    • @PersonalFinanceTVofficial
      @PersonalFinanceTVofficial 19 วันที่ผ่านมา

      Thank you so much! We're glad you enjoyed the interview and the questions.

  • @jrahul86
    @jrahul86 20 วันที่ผ่านมา

    He is very straight forward, talks from heart.. very helpful as well. I could intract with him once.. as I was stuck and needed financial advise. Thanks to him for being helpful..

  • @abhijeet7153
    @abhijeet7153 21 วันที่ผ่านมา

    Without Indexation it will not work at all. FM screwed us all for the Indexed pension of sarkari babus. Hope you know it.

  • @rb300tzp
    @rb300tzp 21 วันที่ผ่านมา

    Whatever he said is just what a regular guy thinks about his finances, career and life. Good to know about the after life of retiring into. I really like how he put things into perspective in an easy manner rather than complicating things.

  • @aritrabhattacharya1530
    @aritrabhattacharya1530 21 วันที่ผ่านมา

    He is from IIT / Super person!!

  • @abhishekshrivastav7941
    @abhishekshrivastav7941 21 วันที่ผ่านมา

    bhai iska figure change hota hi rehta hai, chalu hua tha 8 -9 crore se aaj bolta hai 12 crore, inflation adjusted corpus batata rehta hai ye banda.

    • @KapilKataria-gd6kh
      @KapilKataria-gd6kh 21 วันที่ผ่านมา

      8 was initial target. 12 is with buffer

    • @ravihanda
      @ravihanda 21 วันที่ผ่านมา

      8-9 was the initial goal. Was a little under 12 when I quit. A little under 15 now. Numbers change with time and consumption. Markets have been kind for a while.

  • @compoundingquest
    @compoundingquest 22 วันที่ผ่านมา

    Whatever he says but it clearly looks like he is kind of bored. Sometimes people like to work just because they want to be a part of a daily routine and live an active life.

    • @ravihanda
      @ravihanda 21 วันที่ผ่านมา

      I am bored. Obviously. 🙂 But better than working in a job I don't like.

    • @compoundingquest
      @compoundingquest 21 วันที่ผ่านมา

      @@ravihanda yea bro i understand.

    • @KrishnanV9
      @KrishnanV9 18 วันที่ผ่านมา

      He infact answered that. He said being bored is better than working on a schedule that he does not like. Ofcourse that’s for him. May not be the case for all

  • @millionaire_minimalist
    @millionaire_minimalist 23 วันที่ผ่านมา

    Very good discussion. Please bring more such videos on FIRE. Thanks.

    • @PersonalFinanceTVofficial
      @PersonalFinanceTVofficial 23 วันที่ผ่านมา

      Glad you enjoyed the discussion! We’ll definitely bring more videos on FIRE soon. Thanks for your support!

  • @nivisamanta3983
    @nivisamanta3983 23 วันที่ผ่านมา

    Valuable sharing

  • @trun31735
    @trun31735 23 วันที่ผ่านมา

    Sir pls try some this type of knowledge in hindi also if possible you can easily do this I personally know it. Keep it up sir

  • @spacebar9476
    @spacebar9476 23 วันที่ผ่านมา

    I am from the ICQ generation when people were easygoing and honest. Nowadays it's all about scamming and taking each other's arse. Very sad.

  • @TamannaShivdasani
    @TamannaShivdasani 24 วันที่ผ่านมา

    Very insightful and well presented!

  • @SuperShahjay
    @SuperShahjay 24 วันที่ผ่านมา

    Crisp and insightful!!

  • @kartikkini
    @kartikkini 24 วันที่ผ่านมา

    Very insightful. So good to have you back on Media. You are filing the gap of the Industry

  • @vigneshwaranramalingam8078
    @vigneshwaranramalingam8078 25 วันที่ผ่านมา

    4:33 25 * 6 Lakh is 1.5 Cr not 1.25 Cr.

    • @PersonalFinanceTVofficial
      @PersonalFinanceTVofficial 24 วันที่ผ่านมา

      Thank you for bringing this to our attention! We’ll keep it in mind for next time. Really appreciate your support!

  • @MiniKK
    @MiniKK 25 วันที่ผ่านมา

    Always keep an eye on the tenure of the mortgage as the longer the tenure - all your EMI in the initial years go towards interest payment and not principle payment. Never take long tenures unless you require- Lower the EMI, higher the interest you will pay so be prudent on the tenure and even if you repay later despite taking longer tenure, you would have ended up paying more interest than principle. Tenure and EMI is the balancing act that you need to do in Mortgages and always ask for statement on a semi-annual or annual basis to calculate and see if the principle O/s matches while filing your tax returns.

    • @PersonalFinanceTVofficial
      @PersonalFinanceTVofficial 23 วันที่ผ่านมา

      Indeed! It’s crucial to balance tenure and EMI carefully to avoid paying too much interest over time. Regularly checking your statements is a smart way to stay on top of it. Thanks for sharing!

  • @charmipatel13
    @charmipatel13 26 วันที่ผ่านมา

    😮😮😮

  • @jammivenkata
    @jammivenkata 26 วันที่ผ่านมา

    Elitist panelists on TH-cam are the ones parroting iPhone as a status symbol. It’s not true any longer. iPhone costs are on par with other manufacturers and many models are actually cheaper. With higher resale prices and a stable user experience driving the purchase, can “bling aspirations” be an accusation.

  • @jammivenkata
    @jammivenkata 26 วันที่ผ่านมา

    Most carriers around the world subsidize mobile prices and package the phone into a contract term. It’s a false notion that only Indians aren’t buying the iPhones outright.

  • @charmipatel13
    @charmipatel13 28 วันที่ผ่านมา

    14:39 woah!!! Need to check mine!😮

  • @abhijeetkumarsingh3949
    @abhijeetkumarsingh3949 28 วันที่ผ่านมา

    I have seen this guy somewhere

    • @PritamDasss
      @PritamDasss 27 วันที่ผ่านมา

      Yeah bro his name is Aaditya Iyengar

  • @aprajitabagchi1671
    @aprajitabagchi1671 29 วันที่ผ่านมา

    Are the fraudsters getting caught? They destroy the SIM cards, so how likely is it for them to get caught?

    • @PersonalFinanceTVofficial
      @PersonalFinanceTVofficial 26 วันที่ผ่านมา

      Thank you for your question! We've passed it along to our expert, and we'll be addressing it soon.

    • @riteshb2
      @riteshb2 26 วันที่ผ่านมา

      Yes. They still can get caught. Tracing is not only through SIM, even internet and banking transactions gives a lot of traces to the police

  • @karunakulkarni6013
    @karunakulkarni6013 29 วันที่ผ่านมา

    Today only I got a call from fedex, talking same things like parcel, illegal things etc. I told let the custom people come to my place and I will handle the things. He disconnected the call😂😂

  • @YogeshPatil-kk1rs
    @YogeshPatil-kk1rs 29 วันที่ผ่านมา

    Wonderful debate

  • @herambpatkar
    @herambpatkar หลายเดือนก่อน

    I faced another big scam in my home loan: Took the loan in 2021 from one the top private banks of India when the interest was 6.8%....from that the repo and interest grew to 9.3% and guess what, they kept on increasing my tenure all this while, my tenure nearly doubled from 20years to 38years...when I reached out to them last year and asked for tenure reduction and EMI adjustments they said its not possible..EMI is locked in and tenure will increase..!!!!...Later i guess RBI made the option of adjusting tenure & EMI mandatory so now on when the repo rate increased they send an SMS informing us about the option to adjust the tenure & EMI both. I think only regulations can save the consumers...cant trust the companies in taking care of their cash cows!

    • @PersonalFinanceTVofficial
      @PersonalFinanceTVofficial 29 วันที่ผ่านมา

      It sounds incredibly frustrating to deal with such a situation, especially when you’re stuck with increasing tenure and EMI without the flexibility to adjust earlier. Regulatory intervention indeed seems necessary to ensure banks provide fair options to consumers. Thank you for sharing your experience, it highlights a critical issue many face.

  • @suryatiwari7393
    @suryatiwari7393 หลายเดือนก่อน

    Really informative podcast

  • @shailshukla719
    @shailshukla719 หลายเดือนก่อน

    Recently, my brother shared how a scammer extorted 1 lakh rupees from his friend. We've also warned our parents not to trust any calls claiming we've been in an accident or anything related to me or my brother. The world has become a scary place, especially for our parents, who have limited understanding of the digital world.

  • @abhishekponia7191
    @abhishekponia7191 หลายเดือนก่อน

    wow! wasn't aware of most of these... used to think I am tech savvy & can never get scammed. now it feels like things were better when there were no smartphones.

    • @PersonalFinanceTVofficial
      @PersonalFinanceTVofficial หลายเดือนก่อน

      Thanks for sharing your thoughts! Scams are definitely getting more advanced, and it’s a reminder for all of us to stay cautious. Glad you found the information helpful. Stay safe online!

  • @chiragsah1714
    @chiragsah1714 หลายเดือนก่อน

    I really love your channel as there is no clutter, no childish behaviour (fun element), no fake news just pure and healthy content that I think is the most needed in today’s TH-cam community. Wishing you the very best ❤ Edit- This video is the exact answer to my question asked in one of your previous video about Studying abroad Thanks again 😊

  • @PrakharGupta-mp3yz
    @PrakharGupta-mp3yz หลายเดือนก่อน

    Editing is good, specially the way few topics are explained via animation and graphics..reallly helpful and easy to understand.👍👏

    • @charmipatel13
      @charmipatel13 หลายเดือนก่อน

      True!💯 the graphics n animations makes video even more interesting, specially when there’s data and number!

  • @Randomcomment7699
    @Randomcomment7699 หลายเดือนก่อน

    Office exists because of toxicity..

  • @rohh9714
    @rohh9714 หลายเดือนก่อน

    👍🏻👏🏻

  • @charmipatel13
    @charmipatel13 หลายเดือนก่อน

    Personalisation has always been a key factor in almost every sector nowadays! Its very important 💯