After watching the video in class about overspending, I find it a little sad that marketers and companies are trying to coax people into spending more then they have. Profit is the goal of any company but is there no moral boundary to running a business? I think using advertisements that use differing social classes and a way to sway people into a purchase by saying " upperclass people have this and if you have it, you will be at the same level as the upperclass.". At the same time it is the responsibility of the consumer to spend wisely.
So who is at fault? the marketers and companies for using researched and highly formed techniques to make people buy, or the consumer for giving in to such advertising?
Response to Tyler’s Blog: Overspending in America
ReplyDeleteSo who is at fault? The Marketers and the companies for using researched and highly formed techniques to make people buy, or the consumer for giving in to such advertising?
I believe both parties are at fault. The businesses because they advertise to make people doubt and dis-believe themselves so that they go out to make themselves feel better and try to be better. It is also the consumers fault, because if you are working a daily job and providing for your family you are doing just fine. You don’t have to buy thousand dollar jewelry just because you have two jobs and the person which is wearing the jewelry is a stay at home rich woman.
Who do you believe is at fault?