Summary
As humans, we subconsciously categorise our money, assigning a certain amount of funds into each category. A kind of budgetary conscience pulls us back from spending more, even if there are excess funds unspent in another.
This mental budgeting and knowing how it affects human spending can open up great opportunities for marketers.
In this eBook, we discuss
How mental budgeting works, particularly “treat budgeting”
Demographic differences in how Australians spend their treat budgets
Key takeaways for marketers
Do you want to better understand how your customers think, feel and spend?
We can help. Find out about our market research and media strategy services. Get in touch to find out more.
September 2023
Topics:
Advertising, Niche markets, How to, Market research, eBook
Currency of Persuasion
Topics:
Advertising, Niche markets, How to, Market research, eBook