A free Kiss beats a truffle
Filed under: Bargains, Food, Shopping
Valentine's Day is a long three months away, but what would you rather have: the American classic Hershey's Kiss or the Swedish treat, a Lindt chocolate truffle?
For my money, I'd rather have a chocolate truffle. But if price is an issue, then a Hershey's Kiss chocolate will still satisfy my sweet tooth.
But in an experiment on consumer psychology, a group called Research and Markets in Dublin, Ireland, found that more people wanted a free Kiss over a discounted truffle, but chose the truffle over the Kiss when the Hershey chocolate cost a penny and the Lindt truffle cost 14 cents. In other words, they took free stuff over a more costly item, but when both items cost some amount of money, even 1 cent vs. 14 cents, they picked the more expensive item.
Ever since I quit smoking and downing the occasional bottle of NyQuil, I seem to be running low on vices. Back in the day, I used to eat Big Macs two at a time, smoke cigarettes like I was Bogie with a death wish, and guzzle booze like Lindsay Lohan on...well, on any given Thursday night. Over the last few years, I've cleaned up my act and cut out most of my nasty habits. Nowadays, I feel like I'm breaking the rules when I don't check to make sure that my whole-grain bread is free of high fructose corn syrup or my V-8 is low sodium.