Social Embarrassment as Purchase Governor

“That is actually a major force — avoiding social embarrassment and general ridicule and the feeling of people being slightly sarky about what we’ve done. You’ve got to be pretty socially brave not to be affected by that stuff, I’d say probably 5—10% of people are immune.”

“Everybody says they obviously want to find the best television they can within their price bracket. They’d answer all these questions as if they were hyper-logical, they’d say that obviously if this thing costs less than the iPad, and it’s better, then they’ll buy it. Then reality comes into it, and actually, the reason they buy the iPad is that they know that every time they get out the Samsung, all their friends will say: “why did you get that, why didn’t you buy the iPad?” and that this will bring with it a little burst of anxiety and a little burst of effort. Never, never underestimate the importance of that. If you buy a Ford or you buy a BMW or a Volkswagen and it breaks down a lot, it’s Ford’s fault, and you and all your friends will go: “golly you’re really unlucky you bought that new Ford and the clutch plate’s gone, bloody hell, I do feel sorry for you”, and you will get a degree of sympathy from your friends, okay? If you go and buy an Alfa Romeo and the clutch plate goes, deep down all your friends are thinking: “what does he expect, he goes and buys an Alfa Romeo, what the hell does he expect?” If you’re going to buy this flash, weird Italian car, it’s going to break down.”