The Anchoring Effect in Blind Box Economy and Merchandise Promotion: A Case Study

In recent years, the anchoring effect in the blind box economy and commodity promotions has profoundly affected consumer decision-making. This paper takes TOPTOY limited blind box in Hangzhou Hubin commercial district as an example through case study method to reveal how merchants utilize scarcity and uncertainty to stimulate irrational consumption through limited sale, hidden model design and initial price anchor point. At the same time, discounts in e-commerce promotions such as full-price strategies use the original price as the anchor point, bringing consumers the illusion of purchase. It is found that enterprises can utilize consumers' irrational consumption to enhance their sales and profits. This paper analyzes the mechanism of anchoring effect from the perspective of behavioral economics and puts forward optimization suggestions. However, this strategy is not effective in the long run. Businesses should improve their core competitiveness and avoid false propaganda, and consumers should reduce impulse spending through multi-dimensional comparison and delayed decision-making.

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Publication Details

Journal
Highlights in Business Economics and Management
Published
2025-06-30
DOI
https://doi.org/10.54097/myn0jj97
Primary Topic
Consumer Market Behavior and Pricing
Type
article
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article

The Anchoring Effect in Blind Box Economy and Merchandise Promotion: A Case Study

Mengjia Yin
Highlights in Business Economics and Management
Consumer Market Behavior and Pricing
article

The Anchoring Effect in Blind Box Economy and Merchandise Promotion: A Case Study

Mengjia Yin
article en

Abstract

In recent years, the anchoring effect in the blind box economy and commodity promotions has profoundly affected consumer decision-making. This paper takes TOPTOY limited blind box in Hangzhou Hubin commercial district as an example through case study method to reveal how merchants utilize scarcity and uncertainty to stimulate irrational consumption through limited sale, hidden model design and initial price anchor point. At the same time, discounts in e-commerce promotions such as full-price strategies use the original price as the anchor point, bringing consumers the illusion of purchase. It is found that enterprises can utilize consumers' irrational consumption to enhance their sales and profits. This paper analyzes the mechanism of anchoring effect from the perspective of behavioral economics and puts forward optimization suggestions. However, this strategy is not effective in the long run. Businesses should improve their core competitiveness and avoid false propaganda, and consumers should reduce impulse spending through multi-dimensional comparison and delayed decision-making.

Highlights in Business Economics and ManagementVol. 58
University of Jinan (CN)
Openalex Percentile: Top 72%
Consumer Market Behavior and Pricing
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The Anchoring Effect in Blind Box Economy and Merchandise Promotion: A Case Study — Mengjia Yin · Highlights in Business Economics and Management (2025) | TGRS Research Map | TGRS