The Hidden Tactics Companies Use to Make You Spend More Money

Are you tired of falling victim to sneaky marketing tactics every time you shop? Discover the hidden psychological tricks companies use to manipulate your spending habits and learn how to outsmart them in this eye-opening video! We'll reveal the science behind pricing strategies like the left-digit effect, the decoy effect, store layouts, and the loss aversion principle, all designed to make you spend more money without even realizing it.
In this comprehensive guide, we'll take you on a journey through the world of consumer behavior science and unveil the clever techniques employed by big brands like Apple, retailers, and even your local grocery store to control your purchasing decisions. By understanding these strategies, you can make more informed choices, resist the urge to overspend, and ultimately save money.
Join our growing community here at Common Knowledge and don't forget to hit the subscribe button and notification bell to stay up-to-date with our latest videos, and be sure to smash that like button for the RUclips algorithm. Share your questions and experiences in the comments below, and together, let's take control of our spending and shop smarter!
Common Knowledge

[@aitkensecurity]

I hope the admin of this channel hasn’t given up. He hasn’t posted a video in months. When I first stumbled upon his video on Tesla and Da Vinci, i assumed that the content was produced by a well-funded channel. When I realised the channel only has a few hundred subscribers, I immediately subscribed. Come back and keep posting videos! The content it fantastic and as long as you stay consistent this channel will grow.

[@CommonKnowledge42]

You have no idea how much I appreciate this comment and encouragement. Getting initial traction on RUclips sure is a slow painstaking process. Especially with how much work and time goes into each video...
I had to take some time of from making videos, but it looks like my time in the near future will be opening up again so that I can start making new videos on a regular basis.
Thanks so much for the support! Means a lot to know people watch and enjoy some of my work!

[@abegailco8492]

I thought so, too! Please post more quality content like this ❤️

[@laura-sandy1492]

@@CommonKnowledge42 just came across your channel as well and I really loved your video on how gaming effects cognition and problem-solving. You make such interesting, digestible and insightful content and I would really love for this channel to start becoming active again! Please don’t give up! Sending lots of courage! You also have a new subscriber 😊

[@Unraveled]

What an awesome video, I hate shady marketing tactics so much!

[@CommonKnowledge42]

Thanks! Just spreading some light on it to get rid of that shade.

[@kingj282]

"Imagine going to a movie theater"
Pre-Covid was really a different time lol

[@CommonKnowledge42]

I thought using the word "imagine" there was fitting. I was hoping someone would catch that. 😂

[@riseALK]

Thanks nice video. Want to add that at 2:06 that ping was way too loud.

[@CommonKnowledge42]

Sorry about that! Thanks for letting me know, it’s hard to tell how things are going to sound for other people when there’s such a variety of devices and speakers these days. So that’s actually super helpful to know!

[@Pazaluz]

Very nice video ! Didn't know these tricks except for the first one :d Hope your channel gets big man, you really deserve it ! (y)

[@7WalrusGaming7]

Great video, more like this please :)

[@CommonKnowledge42]

Absolutely! Thanks for stopping by 🙂

[@TabithaElkins]

LOL Wine in the US is sooo expensive. In Ger,any, a bottle of good organic wine is €5 and cheap table wine cost €3. Most food is cheaper here, and healthier.

[@killerrabbit4448]

Even the number os syllables in a price and you fast we can read it makes a difference.

[@CommonKnowledge42]

I had never thought of that one before! Makes perfect sense too.

[@gwendolynburns1456]

Reddit brought me here! Great video.

[@CommonKnowledge42]

Thanks so much, happy you liked it! Glad to have ya' here!

[@jcruz119]

Same

[@SayyidMahmood]

For the Apple watch question, I would say the SE is the decoy because it sells for $(2)79 while the series 6 sells for $(3)99, My brain thought like that so Idk.

[@CommonKnowledge42]

I thought that too. Especially the way the way that the prices are constructed makes it "feel" like the price gap between the two isn't two drastic, but makes it feel like there are so many more included features with the 6. I'd be curious to see the sales data between the three actually, that would likely tell us everything we need to know!