people's shopping habits depend more on the age group they belong to than any other factor. To what extent do you agree or disagree

Purchase is a favourite topic since the inception of the business. It is believed by many that it is subjective to one’s
age
rather than anything else. I completely agree with
this
notion and
this
essay will demonstrate the reasons for the same. One primary reason for
this
is the experience.
In other words
, people tend to learn from their past mistakes, and prevent making them in the future.
This
is true with reference to the purchase patterns as well, the more a person ages the less they tend to spend. In any family,
for instance
, parents are more sceptical about expenditure compared to the children,
this
is because with the progress in the time older generations learn the importance of finances. Certainly, though the market contains overwhelming products, the purchasing habits are completely dependent upon the demographics. Other factors
such
as passion are merely proportional to purchasing.
That is
to say, there are people who are enthusiastic irrespective of
age
, but only a few.
Moreover
, they belong mostly to the luxury class,
such
as celebrities, politics and sports. To illustrate, a recent survey conducted by economic times reported that, the ratio of spending habits in online and offline stores is 1:10 when comparing senior and junior citizens.
Therefore
, even if the higher
age
groups shop their numbers are skewed. To conclude, yes, to shop is inversely proportional to the
age
. In general, the greater the
age
, lesser the tendency to shell out money.
Although
there are purchases from older
age
groups, they are quite a few transactions.
Submitted by Kavitha on

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