海角大神

Trying to save, but can't bring yourself to buy generic?

Where does that gut-level objection come from? It might surprise you.

Monique writes in with a heartfelt observation:

The biggest reason I can鈥檛 bring myself to actually buy generics when I鈥檓 in the store is that I feel cheap and poor when I buy the white labeled knockoffs. I don鈥檛 like feeling like that. I like saving money, but when it leaves me feeling like a loser I鈥檇 rather spend a little more and get the name brand.

It鈥檚 marketing at work.

Take a look at this Tide commercial.

The entire point of that commercial is to create warm fuzzy feelings and associate them with the Tide logo. Look, there鈥檚 a loving father and a cute baby and sparkling white clothes and鈥� Tide! Tide! Tide!

If you repeat that kind of association enough, you begin to, on an unconscious level, begin to associate good feelings with a brand. Those good feelings come out when you鈥檙e at the grocery store and trying to decide between a generic brand (no feelings because no advertising) and a name brand (good feelings built up by lots of advertising over the years).

鈥淏ut I don鈥檛 watch television commercials,鈥� some will say. Do you read magazines? Do you drive anywhere near billboards? Do you see the sides of buses? Do you listen to the radio?

The same effect is always in play.

罢丑补迟鈥檚 the purpose of at least one flavor of advertising. It鈥檚 all about building the brand. You鈥檙e not actually being encouraged to go buy a specific product. Instead, the entire point of the ad is to create an emotional imbalance in favor of a particular product versus another product.

Of course, you pay for that emotional imbalance when you鈥檙e at the checkout. Almost always (outside of a sale or some sort of great coupon stacking), the name brand item comes at a premium.

One of the biggest themes of The Simple Dollar is to avoid buying things based on emotional impulses. If you鈥檙e buying a name brand because buying it makes you feel good or because buying generic makes you feel bad, you鈥檙e making a buying decision based on emotion.

罢丑补迟鈥檚 not to say there isn鈥檛 a reason to buy name brand items. As I discussed in an earlier article, , you do need a product to perform well for you. 罢丑补迟鈥檚 why I often base my purchases on my own personal history with the item, as well as reports from unbiased sources like Consumer Reports.

If an item makes you feel a certain way that you can鈥檛 quantify with hard facts, marketing is probably at work. Ignore it. Make your purchasing decisions based on facts and come away with the best buy you can.

罢丑补迟鈥檚 something you can always feel good about.

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