{"id":447,"date":"2012-03-26T16:53:55","date_gmt":"2012-03-26T16:53:55","guid":{"rendered":"https:\/\/kerryhannon.com\/?p=447"},"modified":"2012-04-29T21:19:21","modified_gmt":"2012-04-29T21:19:21","slug":"book-review-shoptimism-why-the-american-consumer-will-keep-on-buying-no-matter-what","status":"publish","type":"post","link":"https:\/\/kerryhannon.com\/?p=447","title":{"rendered":"BOOK REVIEW: &#8220;SHOPTIMISM: WHY THE AMERICAN CONSUMER WILL KEEP ON BUYING NO MATTER WHAT"},"content":{"rendered":"<h1>You are what you buy<\/h1>\n<p><a href=\"http:\/\/www.usatoday.com\/money\/books\/reviews\/2009-12-27-shoptimsim_N.htm\">Read Published Article<\/a><br \/>\nby Kerry Hannon, Special for\u00a0<img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/kerryhannon.com\/images\/stories\/usat_logo2.gif?w=640&#038;ssl=1\" alt=\"\" border=\"0\" \/><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft\" style=\"border-style: initial; border-color: initial; border-image: initial; border-width: 0px; margin: 5px;\" src=\"https:\/\/i0.wp.com\/i.usatoday.net\/money\/_photos\/2009\/12\/28\/shoptimismx.jpg?resize=150%2C225&#038;ssl=1\" alt=\"\" width=\"150\" height=\"225\" align=\"left\" border=\"0\" hspace=\"5\" vspace=\"5\" \/>Reading Shoptimism (Free Press, $26) is a bit like wandering haphazardly through a large department store with author Lee Eisenberg. Eisenberg, a former editor in chief of Esquire and past executive vice president at Lands&#8217; End, taps into the vibe of what makes people buy and the subtle and not-so-subtle ways marketers sell to them.<\/p>\n<p>Eisenberg merrily leads the reader through a swath of the retail universe, traipsing from Madison Avenue to megamalls to the enclaves of academia, where scholars study shopping behavior and brain impulses.<\/p>\n<p>You drop in on a lady&#8217;s changing room at Bloomingdale&#8217;s on Chicago&#8217;s Miracle Mile. You eavesdrop on his visit with George Loewenstein, a professor of economics and psychology at Carnegie Mellon University in Pittsburgh. Loewenstein co-wrote a study that explored what parts of the brain are active when people consider whether to purchase a product. You tag along with him on a visit with Richard Holt, president of business strategies at Experian, a market research firm and one of the three major U.S. credit bureaus that keep score and issue reports on how well you pay your bills, gathering detailed lifestyle and demographic data about millions of consumers and selling the data to its clients.<\/p>\n<p>&nbsp;<\/p>\n<p><!--more-->Eisenberg expounds on reasons why we buy:<\/p>\n<p>\u2022We want to assert our identity (real or idealized) and express ourselves.<\/p>\n<p>\u2022We want to be part of a &#8220;tribe&#8221; of other customers who impress us as hip, rich, sophisticated or what we aspire to be.<\/p>\n<p>\u2022We buy because it is fun, sociable and diverting. It&#8217;s an escape from a boring and predictable existence.<\/p>\n<p>Some of his notions, he admits, have been around for decades, particularly when it comes to our attachments to brands. &#8220;Those who contend that we are the brands we buy, and that those brands are us, began to beat that drum at a time (the 1960s) when social institutions and traditions were becoming unglued,&#8221; he writes.<\/p>\n<p>&#8220;That we buy because our personalities are reflected in brands, and that brand loyalty extends membership in a tribe, are propositions now firmly fixed in the Buy zeitgeist.&#8221; Think Apple fans and Mac users with their self-satisfied smugness about the superiority of their computer choice.<\/p>\n<p>Romantic vs. classic buyer<\/p>\n<p>He proffers three of his own insights into how we relate to brands. First, brands connect us to others, he writes. Second, brands express our values. And finally, &#8220;Brands keep their promises \u2014 or else.&#8221;<\/p>\n<p>Starbucks, for example, broke its promises to its tribe, he believes. It became a cookie-cutter chain and lost its soul, and it tested its price limits to the point it became common to hear people refer to the company as &#8220;Fourbucks.&#8221; In essence, it became &#8220;un-cool.&#8221;<\/p>\n<p>Eisenberg delineates romantic buyers and classic buyers. Romantic buyers tend to buy for status and seek the unique. They buy for the social benefit of fitting in that comes from owning certain things, and generally feel the pleasure of buying.<\/p>\n<p>The classic buyer, on the other hand, tends to buy because a product is technically superior and well crafted. Classic buyers are generally thrifty and place a premium on getting a good bang for the buck.<\/p>\n<p>Regardless of your buying persona, &#8220;Nothing intoxicates the spirit like getting something, or the delusion that you&#8217;re getting something, for no cost at all,&#8221; Eisenberg writes.<\/p>\n<p>Throughout our shopping trip with him, Eisenberg introduces us to &#8220;a motley band of shoppers, snoops, merchants, marketing gurus, scholars&#8221; and others who &#8220;claimed insight into the why, how, what, where, and when we buy, yet none connect all the dots,&#8221; he admits. And neither does he. Nor does he firmly answer his own question: Why The American Consumer Will Keep on Buying No Matter What.<\/p>\n<p>But he surmises: &#8220;Our economy, our culture, and our social order are built around the Buy. For better and worse, America is, on balance, what it buys.&#8221;<\/p>\n<p>In his view, there are four categories of buys worth making (if you don&#8217;t go into debt to do so).<\/p>\n<p>These are ones that:<\/p>\n<p>\u2022Make you happy \u2014 a ticket to a play or concert, a trip to Paris<\/p>\n<p>\u2022Transform you \u2014 new furniture for your office, a new hairdo<\/p>\n<p>\u2022Self-Extension \u2014 an L.L.Bean tote bag, Nike Air Max sneakers<\/p>\n<p>\u2022Everlastingness \u2014 the jewelry, furniture and other material things that in time will become a daily connection from parents and grandparents, who bought them, to those who inherit them.<\/p>\n<p>Kerry Hannon is a freelance writer based in Washington, D.C.<\/p>\n<p>&#8220;Shoptimism: Why the American Consumer Will Keep on Buying No Matter What,&#8221; by Lee Eisenberg; Free Press, 334 pages, $26.<\/p>\n<div style=\"padding-bottom:20px; padding-top:10px;\" class=\"hupso-share-buttons\"><!-- Hupso Share Buttons - http:\/\/www.hupso.com\/share\/ --><a class=\"hupso_toolbar\" href=\"http:\/\/www.hupso.com\/share\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/static.hupso.com\/share\/buttons\/share-small.png?w=640&#038;ssl=1\" style=\"border:0px; padding-top:5px; float:left;\" alt=\"Share Button\"\/><\/a><script type=\"text\/javascript\">var hupso_services_t=new Array(\"Twitter\",\"Facebook\",\"Google Plus\",\"Pinterest\",\"Linkedin\",\"StumbleUpon\",\"Digg\",\"Reddit\",\"Bebo\",\"Delicious\");var hupso_background_t=\"#EAF4FF\";var hupso_border_t=\"#66CCFF\";var hupso_toolbar_size_t=\"small\";var hupso_image_folder_url = \"\";var hupso_url_t=\"\";var hupso_title_t=\"BOOK REVIEW: &quot;SHOPTIMISM: WHY THE AMERICAN CONSUMER WILL KEEP ON BUYING NO MATTER WHAT\";<\/script><script type=\"text\/javascript\" src=\"https:\/\/static.hupso.com\/share\/js\/share_toolbar.js\"><\/script><!-- Hupso Share Buttons --><\/div>","protected":false},"excerpt":{"rendered":"<p>You are what you buy Read Published Article by Kerry Hannon, Special for\u00a0 Reading Shoptimism (Free Press, $26) is a bit like wandering haphazardly through a large department store with author Lee Eisenberg. Eisenberg, a former editor in chief of Esquire and past executive vice president at Lands&#8217; End, taps into the vibe of what [&hellip;]<\/p>\n<div style=\"padding-bottom:20px; padding-top:10px;\" class=\"hupso-share-buttons\"><!-- Hupso Share Buttons - http:\/\/www.hupso.com\/share\/ --><a class=\"hupso_toolbar\" href=\"http:\/\/www.hupso.com\/share\/\"><img src=\"https:\/\/static.hupso.com\/share\/buttons\/share-small.png\" style=\"border:0px; padding-top:5px; float:left;\" alt=\"Share Button\"\/><\/a><script type=\"text\/javascript\">var hupso_services_t=new Array(\"Twitter\",\"Facebook\",\"Google Plus\",\"Pinterest\",\"Linkedin\",\"StumbleUpon\",\"Digg\",\"Reddit\",\"Bebo\",\"Delicious\");var hupso_background_t=\"#EAF4FF\";var hupso_border_t=\"#66CCFF\";var hupso_toolbar_size_t=\"small\";var hupso_image_folder_url = \"\";var hupso_url_t=\"\";var hupso_title_t=\"BOOK REVIEW: &quot;SHOPTIMISM: WHY THE AMERICAN CONSUMER WILL KEEP ON BUYING NO MATTER WHAT\";<\/script><script type=\"text\/javascript\" src=\"https:\/\/static.hupso.com\/share\/js\/share_toolbar.js\"><\/script><!-- Hupso Share Buttons --><\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[22,23],"tags":[337,338],"class_list":["post-447","post","type-post","status-publish","format-standard","hentry","category-book-review","category-usatoday","tag-book-review","tag-usatoday"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p3YFQS-7d","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/kerryhannon.com\/index.php?rest_route=\/wp\/v2\/posts\/447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kerryhannon.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kerryhannon.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kerryhannon.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kerryhannon.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=447"}],"version-history":[{"count":2,"href":"https:\/\/kerryhannon.com\/index.php?rest_route=\/wp\/v2\/posts\/447\/revisions"}],"predecessor-version":[{"id":965,"href":"https:\/\/kerryhannon.com\/index.php?rest_route=\/wp\/v2\/posts\/447\/revisions\/965"}],"wp:attachment":[{"href":"https:\/\/kerryhannon.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kerryhannon.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kerryhannon.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}