Hello reader!
As you may know, attention is scarce in this world. Let me ask you, how many books are on your Kindle list or those newsletters that are unread?
That’s why the Shortform app is an easier way to learn the ideas you’ve always wanted. I learnt about “Deep Work” with it & it’s super insightful with bullet list points and exercises!
For a limited time, get a free trial and a 20% discount on annual subscription!
What is it?
It argues that people often willingly give up resources like money, time, and even personal preferences to benefit their relationship partners across various consumption stages (pre-purchase, purchase, post-purchase).
This expands the traditional view of sacrifice, which typically focuses on money and time, to include the often-invisible sacrifice of preferences.
Major findings:
Consumption sacrifice as a unifying construct: This framework helps analyze similarities and differences across various areas of consumer research where choices involve others, such as joint consumption, gift-giving, and caregiving.
Three types of consumption resources sacrificed: The paper highlights sacrifices of money, time, and preferences as valuable means that consumers use to achieve desired outcomes for their partners throughout the customer journey.
The (in)visibility of sacrifice: The authors argue that consumption sacrifices are often invisible to recipients, meaning the effort and cost involved may not be fully recognized or appreciated. This invisibility can impact relationship well-being and marketing outcomes.
🤯 The Only Book You Need to Master Psychology!
The Psych Handbook has 150+ biases & fallacies explained with emojis!
Or an Amazon Kindle copy from here.
What do I need to know:
This read will provide you a valuable foundation for future research on consumption sacrifice, highlighting the crucial role of (in)visibility in shaping both relationship and marketing outcomes.
Consumption sacrifices are pervasive and diverse: Consumers make sacrifices across various resources and stages of the customer journey, going beyond simple monetary transactions.
Invisibility can hinder relationship benefits: When sacrifices are not recognized or appreciated, relationships may suffer and actors may feel unappreciated, potentially impacting their consumption satisfaction.
Motives shape visibility: The reasons behind sacrifices influence how much actors care about making their sacrifices visible, with implications for relationship dynamics and marketing strategies.
Consumption satisfaction involves more than just the product: When sacrifices occur, satisfaction is derived from a complex interplay of partner-focused, relationship-focused, and self-focused benefits, which can be affected by the (in)visibility of the sacrifice.
Source: