The psychology of consumer spending | Pocketmags.com

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The psychology of consumer spending

As a medical aesthetics professional and clinic owner, understanding the psychology of consumer spending is a powerful tool in optimising patient experiences and treatment uptake. In aesthetics, the introduction of buy now pay later (BNPL) options like PLIM has revolutionised payment structures and tapped into consumer decision-making. Let’s look at how comprehending consumer psychology can enhance patient experiences and treatment acceptance, particularly with the integration of BNPL options.

Consumer psychology often revolves around immediate financial considerations. Many potential patients may have a genuine interest in aesthetic treatments but are deterred by the upfront cost. BNPL options act as a bridge, allowing patients access to financial control and to proceed with the treatments they desire. By offering a flexible payment plan, your clinic becomes an enabler, facilitating aesthetic transformations that may have otherwise been postponed.

Empowering patients in their decision-making process is a fundamental aspect of consumer psychology. BNPL options allow individuals to make choices based on their preferences and goals. The ability to spread the cost of treatments over time gives patients a sense of control over their aesthetic journey, fostering a positive and empowering experience.

As a leading BNPL solution, PLIM seamlessly integrates into the psychology of consumer spending within the medical aesthetics sector. Incorporating PLIM into clinics portrays them as forward-thinking, patient-centric establishments that acknowledge and address the psychological nuances influencing treatment decisions. PLIM’s transparent and flexible financing options meet consumer expectations, providing a pathway for increased treatment uptake and patient satisfaction.

For more information, visit plim.co.uk or email info@plim.co.uk

This article appears in June 2024

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This article appears in...
June 2024
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Welcome to the June issue of Aesthetic Medicine Magazine
As we embrace the vibrant spirit of Pride Month, we are thrilled to present a special edition of Aesthetic Medicine that celebrates diversity, inclusivity, and the power of authenticity in our field
Meet the experts
Meet our editorial advisory board
Hot off the press
The latest industry news
Inclusive consultations
How can you ensure your consultation process is comfortable and affirming for all of your patients?
Out and about
Highlights from the industry social calendar
Thanks for coming!
Highlights from our event at Olympia London
These are the Champions (my friend)
Meet the winners of our annual awards
Transforming lives
Dr Kathryn Taylor-Barnes shows us around the Real You Clinic
Redefining ocular care
How a non-drug alternative is treating dry eyes
When the unthinkable happens
Dr Anna Hemming recounts how she handled a particularly tricky complication
Post-inflammatory hyperpigmentation following lichen planus
Dr Selina Ahmed discusses a recent dermatology case study
3D EMLift clinical trial results
The findings were presented by Dr Abs Settipalli at an exclusive event
The princess and the PRP
Nurse Claudia McGloin answers your burning questions
Aptos lifting threads partner with Rosmetics Aesthetics Limited
Rosmetics Aesthetics becomes exclusive UK distributor of Aptos Lifting Threads
Investing in new technology
What to look for when adding a new device to your clinic
Shielding skin
The nuances of sunscreen types to help you protect patients’ skin
Enhance your intimate hair removal expertise
Proven techniques to enhance gender-affirming surgery
Trend Spotlight: Keeping it clean
What is clean skincare and why is it so popular?
Paper Anniversary
One year after our official WiAM launch, we asked our founders about the past, present, and future of the network
Product News
The latest product launches
The psychology of consumer spending
How buy now pay later drives aesthetic treatment uptake
Treatment review: Sunekos at The Lovely Clinic
Anna Dobbie reviews a session of Sunekos treatments
High-tech facials: 3D-HydrO2 facial
Kezia Parkins tries a bespoke 3D-HydrO2 facial
Nurturing brand partnerships
Katie Hughes-Dawkins looks at the key to success in the aesthetics industry
The circular economy in the aesthetics sector
Looking beyond recycling to address environmental concerns
How to future-proof your career
How having a stable career path can help alleviate stress
Ask Alex
“How do I get more confident on camera when making videos?”
Looking for back issues?
Browse the Archive >

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June 2024
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