« When Money Isn't the Problem | Main | Afflicted With Allelomimesis -- Why People Behave as if They’re Broke When They’re Not »

April 28, 2009

Half-Empty Supermarket Shelves Act Like Consumer Magnets

When I was in the third grade, the school librarian gave me some advice. If I wanted a good book to read, she said, I should scan the shelves for a beat-up book with a cracked spine and pages that showed obvious signs of being thumbed through. These signs of distress meant a lot of other people had enjoyed reading it.

A similar principal is at work when people visit a supermarket and see half-empty shelves in the wine aisle. The Journal of Consumer Psychology has published a story by Dr. Erica Van Herpen at Wageningen University in the Netherlands about half-empty shelves acting like "consumer-magnets" that allow shoppers to “piggyback on the collective knowledge of others."

From an article in Australian Food News:

In supermarkets, the average consumer is attracted to products that are in demand and more popular. Half-empty shelves imply that many shoppers chose to purchase a particular product and that the product is in high demand, and therefore, consumers rationalize that the product is ‘better’.

However, Van Herpen believes this kind of behavior doesn't apply to non-supermarket goods such as cars, clothing, and other products that help them establish a sense of individuality.

Mark Frauenfelder – Mark is the editor-in-chief of MAKE magazine and the founder of the popular Boing Boing weblog. He was an editor at Wired from 1993-1998 and the founding editor of Wired Online.

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451724269e201156f6522ea970c

Listed below are links to weblogs that reference Half-Empty Supermarket Shelves Act Like Consumer Magnets:

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment



Become a Fan on Facebook


Follow Creditbloggers on Twitter
Subscribe to CreditBloggers


About CreditBloggers

Bringing together leading experts to discuss credit, loan, debt and identity theft topics, CreditBloggers provides readers with unique insight and straight answers about the financial world.

Click here to read more about the team of financial gurus who contribute to CreditBloggers.com