All of us have
heard about cashback offers,rewards etc.
All the
Giant UPI payment vendors offers rewards
when we transact on their portal.
These portals are designed in a such a way
that we can have all the access in one click.
But are
these portals giving us offerings OR they are trapping us in a buying cycle?
For few days
we get cash backs but after some time they offer only rewards.
Then to
redeem these rewards there is some minimum expense condition.
Ultimately
we save some money on one thing to purchase other thing.
For example
we transact with one UPI platform and get reward of 399 rs off on some shoe
brand which requires minimum expense of Rs. 1000 then to redeem that reward we
have to purchase shoe of Rs.1000 or more .
And the
buying cycle goes on.
And most
ignored fact is we even don’t need that product or service immediately but here
comes expiry date of reward to create pressure and leads to impulsive shopping.
But here is
a solution
1.
Do
not select any reward in hurry.
2.
Try
to figure out what products you need immediately and which products
you don’t even need.
3.
Avoid impulsive shopping. At least take a gap of 24 hours
to decide actual need of a product or service.
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