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In the study “June 2022 Global Consumer Insights Pulse Survey” realizes how important prices are in the consumer’s purchasing decision.
Just as a millionaire advises how to spend when there is no money, Carlos Slim’s son recommends how to invest.
Inflation is a subject that has forced the study of price volatility.
Managing money today and in the midst of a inflation It is a major challenge, as one shark of shark tankby revealing what he was doing in a Supermarket when he was hungry and did not have the fortune that characterizes him today.
The advice comes in the midst of the in-depth study of the economy, carried out by consumers due to inflation, which has motivated spending restraint and greater interest in investment, obviously among other resources that make up the scenario around money.
When the study “June 2022 Global Consumer Insights Pulse Survey”it was shown that for 65 percent of consumers surveyed, the main impact on their shopping experience in physical stores was the increase in the prices of products in stores.
“So far in 2022, the biggest hurdle affecting shoppers around the world has been rising grocery prices. About two-thirds of brick-and-mortar shoppers and more than half of online consumers said they had felt the impact of rising grocery prices when shopping. Globally, a significant percentage of surveyed consumers also had to deal with issues of product unavailability and delivery delays,” he explained. D.Tigheexpert of Statista in buying behavior research, sports and entertainment retail, as well as in the direct selling and subscription industry.
Hack of a millionaire
In a recent episode of the podcast “Club Random Podcast”, Mark Cuban shared a hack of extreme savings, with which he recognizes, it is possible to take advantage of a visit to a supermarket.
“I used to go to the supermarket at midnight because they dropped the price of chicken and these big (bags of) chips to a dollar and 29 cents and I would buy a lot of those,” he explained in the podcast.
The confession of this millionaire, revealing what he consumed when he had no money, exalts the importance of points of sale for various segments of consumers, from those who find an opportunity to stock their pantry in these places, to those who see in the marketing strategies discount of these stores, an opportunity to get hold of products with their limited budgets.
This millionaire’s confession of how he took advantage of a store resource when he had no money to feed himself, is an interesting money management hack and knowing what options there are to exercise his spending.
It is important to see the capacity that brands currently have in the face of this phenomenon, especially at a time when the economy, due to phenomena such as inflation, has become a major issue of concern for the consumer.
Faced with inflation, personalities such as Carlos Slim Domit They have warned that when starting a business you must do business that you are passionate about, learn to work as a team, bet on clients, as well as be prepared for difficulties.
These cases are important references of how important it becomes for the consumer to manage the elements at hand to exercise spending and the most important thing in this, which is to make purchase and investment decisions.
In one case we saw how a shark shark tank shared a saving hack when you have to buy essential products such as food and have little money to spend, thereby demonstrating the importance of physical outlets and how they can be achieved through labeling and promotion strategies , connect with various consumer segments in one place.
On the other side we have advice on how to invest, to achieve the best performance of the money that is moved to these resources, thereby establishing an important culture of money management today.
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