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Friday 27 December 2019

This is why luxury purchases can make you feel like crap


<p>Psychological havoc ensues when you don&#x2019;t believe you deserve an expensive item. </p><br /><p>Do you rarely wear the nicest items in your closet? Or are you one of the many women who wears faux rings despite owning valuable ones? Now you know why: it turns out that luxury items can spur a psychological rabbit hole of imposter syndrome. Fancy purchases &#x201C;can backfire, and make consumers feel inauthentic, producing what we call the &#x2018;imposter syndrome from luxury consumption,&apos;&#x201D; says&#xA0;Nailya Ordabayeva, associate professor of marketing at the Boston College Carroll School of Management and a coauthor of a series of studies exploring luxury consumption.</p><p>Read Full Story</p><div class="feedflare"><br /> <br /></div>

from The Internet Marketing News | Published News https://ift.tt/2srPMk7

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