ServiceFriday: I Buy What I Am – How Self-Esteem Impacts Consumer Purchase Behavior
In 2016, 5-time NBA champion and one of the greatest power forwards in NBA history Tim Duncan retired from the NBA after a stellar 19-year career. So it may be of a surprise to know that a fan tweeted a photo of Duncan waiting in line at an Old Navy store shortly after retiring. Despite having made tens of millions of dollars in his career, Duncan chose to shop at a budget retail outlet like many typical consumers. Why, one might ask, would a man of his fame and success choose Old Navy when he easily can afford any designer brand in the world?