People's shopping habits depends more on the age group they belong to than any other factors?

These days, shopping has become increasing popular among people. Some people argue that shopping preferences of a
person
is determined
Suggestion
are determined
by their age. I do not quite agree with
this
view. While I do admit that youngsters and teenagers tend to
shop
more than elderly people, a
person
’s ability to
shop
is ultimately determined by their financial status. Rich people tend to
shop
more than poor people.
This
is not necessarily because their needs are greater. They buy more because they can afford it.
Conversely
, poor people cannot afford
shop
frequently because their financial situation does not permit it. Of course, there are some people who borrow money to buy things, but they cannot carry on
this
habit for long because there is a limit to the amount of credit a
person
can get. Having said that, the age of a
person
may
also
influence their shopping habits. Impulsive buying,
for example
, is more common among adolescents and youngsters. They often follow fads and buy things that they may or may not need. They are
also
more likely to invest in clothing, gadgets and personal care products. Even so, not every youngster spends in the same way. Young people coming from rich family backgrounds certainly spend more than their poor counterparts. Another factor that could influence the shopping habits of people is their values and beliefs. People who believe in simple living are unlikely to splurge even if they can afford it. In conclusion, the financial situation of a
person
is the
first
and foremost factor that determines their shopping habits. Age and value systems are
also
influential factors, but they are not more important than the purchasing power of a
person
.
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Topic Vocabulary:
  • consumption patterns
  • digital natives
  • e-commerce
  • brick-and-mortar stores
  • target demographic
  • disposable income
  • consumer behavior
  • market segmentation
  • purchasing power
  • retail therapy
  • brand loyalty
  • impulse buying
  • price-sensitive
  • cross-generational
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