Jessica Ramirez
👤 Speaker
7
total appearances
Appearances Over Time
Podcast Appearances
Marketplace All-in-One
Sometimes a little lipstick goes a long way
Accessories like shoe charms and statement necklaces give consumers a sense of rebellion against a bleaker economic backdrop, says Jessica Ramirez, analyst with the Consumer Collective.
Marketplace All-in-One
Sometimes a little lipstick goes a long way
These are often cheaper purchases that add personalization and retailers can cash in.
Marketplace All-in-One
Sometimes a little lipstick goes a long way
And in an economy that favors higher earners, Sophia Begg with Morning Consult says, for low-income consumers, buying a small luxury can make you feel a little bit better about an economy that you feel increasingly left out of.
Marketplace All-in-One
Sometimes a little lipstick goes a long way
These indulgent purchases also add novelty, says Uma Karmarkar with UC San Diego.
Marketplace All-in-One
Sometimes a little lipstick goes a long way
And it's not just apparel.
Marketplace All-in-One
Sometimes a little lipstick goes a long way
Everyday luxuries can include gum at the grocery checkout or a fancy chocolate.
Marketplace All-in-One
Sometimes a little lipstick goes a long way
I'm Elizabeth Troval for Marketplace.