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Does price matter?

Author: Luis Serpa

October 14, 2005

Is5I usually say that I am a very practical person.  I am proud of my capacity to research the best possible deal before purchasing anything.  Moreover, when asked, I always say that price DOES matter to me.  It matters a lot!

Well, if this is true, why do I frequently end up paying more for the products and services I buy?

To answer that, I started recalling my last purchases.

  • First, my wife’s birthday present – OK, that doesn’t count… I couldn’t be concerned with price on a special date.  It HAD to be the right gift!
  • Second, our last vacation – Yeah, I didn’t get the cheapest package available, but it was our vacation!  Why not seize the moment and get something better.
  • Finally, our last grocery purchase. – That should be an easy one… Hmm…  I could have bought less expensive stuff, maybe used some coupons. But what can I do if the products I like most are not on promotion.  After all, I can’t spend all my valuable free time saving a cent or two.

After analyzing that, I came to the conclusion that nothing really went wrong and that, despite my bravado about low prices, what really matters to me is the tingling feeling that I made the right choice and bought what I really wanted or what I really needed, for me and for my loved ones. There is no better deal than that!

Yeah, well.  I think I am no different from any other consumer after all…

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