The Psychology of your 20s - 315. The psychology of trinket collecting
Episode Date: July 22, 2025Why are we so obsessed with the tiny, adorable objects cluttering our desks, bags, and social media feeds? From plushies and vinyl figures to keychains and charms, trinket culture has exploded - but b...ehind the cuteness lies something deeper. What do these seemingly insignificant objects reveal about us, our identities, and the times we’re living in? In today’s episode, we explore the psychology of trinket culture: why we love collecting, how these objects shape our self-expression, and what they tell us about joy, nostalgia, and even economic anxiety in our twenties and beyond. We explore: The digital rise of trinkets through TikTok, Pinterest, and aesthetic micro-trends How trinkets offer identity, status, and belonging The role of inner child healing and nostalgia Why scarcity, blind boxes, and “drops” feel so addictive Links between trinkets, impulse spending, and economic uncertainty Using trinkets to spark joy Whether you’re a proud Labubu owner or just curious about why these tiny objects hold such big meaning, this episode is for you. Listen to my NEW PODCAST, Mantra: https://open.spotify.com/show/4Ckds0BoJDDpODInN9cWcc?si=b6ad5d555c1940e0 Follow Jemma on Instagram: @jemmasbegFollow the podcast on Instagram: @thatpsychologypodcastFor business: psychologyofyour20s@gmail.com The Psychology of your 20s is not a substitute for professional mental health help. If you are struggling, distressed or require personalised advice, please reach out to your doctor or a licensed psychologist. See omnystudio.com/listener for privacy information.
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Hello everybody. Welcome back to the show. Welcome back to the podcast. New listeners,
old listeners, wherever you are in the world. It is so great to have you here back for another
episode as we of course break down the psychology of our 20s. Today, I am absolutely
buzzing to dive into a topic that I think has seemingly exploded our own.
of nowhere, yet when you really like take some time to look into it has kind of always been
part of humanity in like one form or another. We're talking about trinket culture. And you might be
raising your eyebrows thinking, trinkets, like you're going to do a whole entire episode on tiny
little decorative objects. And I get it. Not everyone will like them, not everyone collects them.
That's totally fine. But they are undeniably a really big deal at the moment.
big part of the current culture. I'm sure you've seen these unboxing videos or adorable figurines and
lububoos. Maybe you've even got a little special shelf at home meticulously dedicated to a collection
of utterly non-functional items that just simply make you smile. You know, love them or hate them.
It is highly likely that you have been exposed to some kind of trinket doing the rounds online or in real life.
It is a widespread, almost cult-like obsession that we're seeing these days, the psychology of which
is so fascinating and only just beginning to be talked about. And I have to admit, I myself,
am a trinket collector. If you follow me on Instagram, you will know that not only do I have a
stupid amount of sunny angels, like 400 and counting at this point, but I also have like a huge
collection of mugs and toys and decorative things that I've picked up from the time I was a child,
like displayed all throughout my house. You know, when I was a kid, I collected beanie babies.
Then it was kinder egg toys. Now it's key chains and sunny angels, whatever it is. And so,
as a member of the Trinket Collector Society, I am really fascinated by what it is about these things
that attract us to them. Is there a certain kind of personality that is more drawn to it than another?
where and what does our kind of collective infatuation with lububoos and Miffy and sunny angels and
jellycats really say about us as a society and even even about the kind of economic times that
we're living in so that is precisely what we are going to unravel today the psychology of trinket culture
this topic is so much more than a passing fad as we get further into it you're going to you're going to be
shocked at how much this, you know, kind of obscure topic really has to say about our minds as
humans, about our economy, about our identity, about how we relate to other people.
Like, who knew you could go so deep when talking about key chains and fluffy animals and
tiny baby dolls? But turns out it is a lot deeper than you may initially imagine. So my lovely
listeners, strap in for a kind of wacky, kind of different conversation, but one that is
like chock-full with science, surprisingly. Let's talk about the psychology of trinket culture.
Stay with us. So let's start with the biggest question to begin with. Where the heck has this all
come from? How did something as seemingly niche as collecting small figures go from a hobby for just a
select few, something people even thought of as kind of weird to literally being everywhere,
to being part of a celebrity culture, to being part of the literal economy.
Maybe, unsurprisingly, a huge part of it recently and probably the main driver lies squarely
with our digital landscape, especially platforms like TikTok, Instagram, Pinterest.
These platforms are perfect for short-lived aesthetic trends like ballet core.
tomato girl, summer, cottage core. We've seen them come up and down for years. Ever since like
TikTok and Instagram really hit their like high point, trends have been a part of that. And things like
Trinket Hall videos or unboxing experiences or trinket shelf tours that are racking up millions of views,
it is in some ways just another trend. And this kind of content is also really engaging.
It creates a lot of desirability.
There's a lot of buzz around it.
There's a much deeper part to our culture that has become quite obsessive with this level of consumption
and also like displays of just like excess, like someone having all of these things and being
able to watch them and like live this like cool life through their eyes is really, really
appealing.
You see it, you want it.
And before you know it, you're not just a passive observer.
like you are part of the movement, you are part of the business model. Take Pop Mart, for instance,
Pop Mart has been everywhere. They are the powerhouse behind Lubbubu figures, I guess the Lubu toys.
The reason they became so successful is because they marketed themselves so well, especially
through social media and especially through their packaging, especially through their entire
business model of blind boxes, not knowing what you're going to get.
Hot Mart shops are like consistently selling out in London, in America, in Australia,
literally anywhere you can name a city and a country, you will find a Lubbubu.
And this isn't just a toy for children.
It's a legitimate like cultural touchstone.
There's even Labibu key chains, you know, at London Fashion Week.
Some of these things sell for like thousands of dollars.
It's like a craze has taken over and something that was meant to be cute has turned
into kind of like a status symbol in a way.
you know, individually these items are kind of seemingly like semi-affordable niceties.
They're like a special treat if you buy one.
You know, a sunny angel figurine, for example, in Australia that's going to cost you like
maybe $17 to $20.
That's, you know, a lot of money, but also not a lot of money.
Like that's how much you would spend on a nice, like on lunch.
You know what I mean?
But here's the kick up.
They're a small purchase, but they accumulate fast.
especially when you're on a quest to complete a full set or, you know, there's this latest drop
that you just have to have, or there's a rare item that you want to keep buying boxes in order
to get. Behind the cuteness of this all is a business model that is capitalizing on our desire
to accumulate more and more and more. Each new release taps into the psychology of scarcity
and completionism. There's limited additions. There's mystery.
boxes and the thrill of getting the one you secretly wanted all along really plays into your
impulse to keep collecting. So it's not just about owning a figurine and it's not just about owning
the toy. That's something that I think people sometimes don't understand. It's about the feeling
of anticipation. It's about even being able to get your hands on one in the first place. It's the
rush of the unboxing and the sense of belonging to a community that kind of gets it. And so the cycle
continues. A tiny figurine becomes like this tiny obsession. And the dollar value on that business model is
insane. Like it is a highly lucrative industry. Let's focus back in on Pop Mart again.
Their company valuation has completely skyrocketed. In 2024, their like valuation, how much they
were worth, how much money they made was 60.45 billion.
dollars, B, billion, not M, billion, like billion.
Let's just think about that for a moment.
Like, that is actually more than, and I looked this up, more than the combined valuations
of Mattel, so literally the creator of Barbie Hot Wheels, it's more than that combined
with the creators of Nerf Gun, My Little Pony, Transformers, Hello Kitty, you could add up
how much each of those businesses was worth.
And all added up, it would not even scratch the surface of how much pot mark is worth.
That says everything about how seriously this little niche thing is being taken.
So other than the fact, as we previously mentioned, why do we fall so hard for trinkets beyond just wanting more things, beyond just consumerism?
Firstly, I think in a world of traditional luxury goods, you know, design handbags, high-end cars, exotic vacations, a lot of those things.
A lot of those things remain largely out of reach for us, but trinkets have emerged as these
like surprisingly potent and incredibly affordable status symbols. They offer a very clever way for us
to signal our identity and our taste and our kind of in the no status without having to totally
break the bank, which is why I think for people in their late teens and in their 20s, there's such a
pool. Their primary power kind of lies in their accessibility. Unlike really, really,
expensive luxury items, most trinkets are relatively inexpensive. So it makes them accessible to a
demographic who definitely wants to show that they have their lives together or that they have
their finances together but can't necessarily go after the traditional indicators of wealth.
When you see, you know, global style icons like Rihanna and do a leper or Kylie Jenner or even
like David Beckham, like sporting a Lubbubu, it just kind of amplifies this perception
that this is something that someone who is in the no has.
This is something that someone who's cool or who has wealth or status has.
And it's the same reason why companies put celebrities as the face of perfumes, cars, drinks,
fashion brands, because they know we are more likely to buy something if we see someone
we admire doing it first because we think, I can be more like them.
You know, I might not be rich or famous, but I can dress or smell like a rich and famous person.
I can have the collectible on my bag that a rich and famous person has.
You know, humans, we are at our core deeply social creatures.
We have this inherent drive to connect and to belong.
And these trinkets are incredibly powerful at fostering a sense of in-group belonging
and really solidifying our social identity and what we want to communicate to the world.
They tap directly into our fundamental need for connection and acceptance.
And if you think that that sounds crazy, let me explain a little bit of the psychology behind this.
When you start collecting specific types of trinkets, not only does it seemingly align you with other
people who see value in that item, maybe like a celebrity, it also almost automatically leads
to the formation of communities, both online and in real life.
There are entire Facebook groups for people who collect, you know, rare littlerless pet shops.
the same way that there are entire Facebook groups for people who collect stamps or car parts.
And in those groups, you will find people with the same interests, the same knowledge set,
the same obsession as you. And that's kind of really fun to lean into.
So according to social identity theory, we really derive a lot of our self-esteem from group
membership. And you don't have to actively participate in a group like a Facebook group
to still feel like you belong somewhere. Collecting and displaying trick.
It reinforces a connection that you have with a certain type of person, whether it's a sunny
angel, whether it's whatever it is. By actively like participating in trinket culture, you're basically
saying, I'm part of this group. I'm part of this group who spends money on this thing, who uses this
as a status symbol, but also maybe part of a group of people who have a lot of whimsy and who
really value like childlike wonder and who are really creative, you know, whatever.
it is, what this really fosters is what we call collective efferves. So a shared kind of sense of
energy and enthusiasm that is generated by communal participation. Isn't that such a beautiful
term as well? Collective effervescence. And it's also something that you can feel. Yes, you're
going to go out and buy the trinket yourself, but then you might see someone else with the trinket
on their bag and you immediately feel like a pull towards them or you might be in line waiting for
like a rare, I don't know, laboo-boob drop and you're like, oh, I feel like I'm aligned with these people
and you can talk to them about it and it's something that you can share with your friends and you can
connect with people online about. That feeling is the same feeling that people in a stadium
feel when they're rooting for the same team or it's the same buzz that you get at a concert
for your favorite artist or at a trade show. Humans have found a way to capture this efferves
in so many forms. And trinket culture is just another form of that. Even if people think it's childish,
the same human desire that causes us to want to be part of any group or want to be in the no also
causes us to sometimes become a collector. Beyond social identity, we also have our self-identity.
And trinkets are kind of like a non-verbal form of self-expression. You know, if you have a certain
anime figurine on your desk, like that's not just decoration. It tells stories.
about your interests. It says something about who you are and what you love and how you see the
world. You know, a particular trinket might represent that you are playful or that you love a specific
subculture or that there's a specific lifestyle that you feel drawn to achieve. The items we own
do become part of what psychologists call our extended self. So basically how we think about
ourselves as not just like the voice in our head, but the physical things around us. So yes,
our extended self is part, isn't part made up by our relationships. It's made up in part by our
environment. It's made up in part by what we read, what we listen to, and also what we own and how we
what we choose to decorate our lives with. This is one of the biggest draws of this all.
Like it really is this capacity to indicate to others who you are as a person. But while trinkets are often
self-expression, I would say that's what I think they are. I think they're self-expression.
They also reveal how identity can really be commodified and how authenticity can be commodified.
So we're going to talk about the intersection of frinkets, psychology, and also the big C,
capitalism. After this, short break, stay with us.
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So I am going to say something bold here as a long-time trinket collector myself.
I think the good old days of collecting trinkets that were important to you and only you
kind of gone.
You know, I've just got to say it.
Previously, our homes were filled with things that we had collected over the years,
from travel, from birthdays, from adventures, and this entire collection, like, yes,
maybe someone else had one or two things.
similar to you, but it was very unique. It was a postcard from here. It was a special stone
from this beach, a collection of mugs from all over. Each person had a different set of things.
Nowadays, instead of like carefully curating objects that reflect who you are, were often sold
kind of pre-packaged aesthetic starter kits. And it raises the question with trinkets these days.
Are we really expressing ourselves or are we just buying into a market?
persona. And you know, a bigger question is if everyone has something, how genuine and authentic
and how much of a form of self-expression can it really be if everyone is expressing the same thing?
Critics of consumer culture might argue that authenticity in this day and age itself has become a
marketable commodity. Brands are very quick to leverage the idea that a certain person would own this
product and another kind of person would buy this kind of thing. So they really sell you the idea that
if you are this particular individual, you should buy this candle, or you should wear this jacket,
or this trinket is somehow for you. And it will allow you to be more like yourself. It will allow you to
be more not just like yourself, but like the other kind of people who own this kind of thing.
In doing so, our identities really get tied up in what we own, what we wear, what we display,
and it turns consumption into a form of personal branding.
What's even more complex, I think, is how consumer culture kind of disguises these decisions as empowerment.
You know, the language of choice and freedom is everywhere when it comes to buying things.
Things like treat yourself.
You deserve it.
express who you are, it masks a system that kind of thrives on needing to buy our identity
rather than express it through our character. We are subtly encouraged to seek emotional
fulfillment in material things, only to kind of find out eventually that that satisfaction is
very fleeting and we need to fill that hole with something else the next day, the next day,
the next week. So a new drop, a fresh aesthetic, it will quickly replace
the last thing, keeping us in this constant loop of yearning and also crucially of spending.
It's not that consumption is inherently bad, but when it's framed as a way to, I guess,
have meaning in life or as a way to express your identity, it becomes a very hollow solution
to a much deeper need for connection and purpose and belonging.
And I know I'm sounding rather pessimistic. I do also believe that there's some
something majorly joyful and special to this habit, other than just like what some people
would call naive consumer behavior. And one way that I think it is really, I don't know if
beneficial is the right word, but like really joyful and, I don't know, unthreatening is that
collecting these little objects can be a real beautiful way to connect with hearts of you that
you've kind of hidden, specifically, you know, expressions of our inner child. It's a way to feel young
and childlike again. In our very stressful adult lives, consciously reconnecting with the parts of you
that feel innocent and soft and playful, you know, that can be incredibly, like it can be an
incredibly powerful act of self-care and even of emotional regulation, letting yourself feel safe
and cared for by being the one who creates that kind of whimsical environment. And trinkets,
you know, really play into that whimsical aesthetic.
They might actually be very potent bridges to this connection between who you are now
and some of the sensations and feelings that you had as a kid.
Trinkets have an amazing ability to evoke childhood memories.
You know, getting a jellycat, getting whatever it is,
it might transport you back to the sheer excitement of getting a new toy as a kid
or the thrill of collecting something that you really coveted or being spoiled.
It might also feel like you are able to give yourself something.
you never received when you were younger.
And we're not just talking about a physical toy, but love, comfort, again, someone's
spoiling you.
So this fulfillment, or I guess, re-experiencing of positive childhood emotions and also
positive childhood emotions that come from something so simple and non-threatening as like
a fluffy toy, it's deeply comforting and really affirming when everything else in life
is very serious and very dangerous and very disheartedly.
You know, this is a tangible connection and a link to a time that is often perceived is a lot simpler,
a lot safer, and filled with a lot of like, you know, just unbridled joy.
We can also kind of understand this connection through the lens of what psychologists call
transitional objects. So this was a term coined in the 1950s by the British psychoanalyst Donald Winnicott.
We talk about him a lot on the podcast, actually.
And basically he, I don't think he discovered this, but he basically talked a lot about transitional objects,
something like a security blanket or a teddy bear that served as a really crucial role in early childhood development
as a way to help a child cope with separation from their primary caregiver.
If you cast your mind way back to like your first day of kindergarten or your first day of school,
you might remember that, you know, you probably brought a toy to class.
That's something that a lot of early year teachers will recommend that like when children are first
leaving their parents and spending a lot of time alone without them and their comfort to bring
an object or a toy that reminds them of the comfort they experience, you know, from a caregiver.
It's like this tangible thing that represents someone's presence or a particular emotion when
the person who normally creates that emotion is absent.
This is going to sound ridiculous, but there is evidence to support that adults still kind of want these comfort objects and they still want these transitional toys, basically.
You know, certain trinkets can serve a similar psychological function or purpose.
They become miniature security blankets or comfort items that help us really navigate the anxieties and complexities of adult life.
I know this sounds bizarre, but they can actually offer a real sense of consistency and safety and
familiarity when the rest of the world feels overwhelming. I, for one, it's going to sound strange,
but anytime I get on a plane, I always bring one of my little cherub figurines, one of my sunny
angels with me. Like whenever I travel, I always have one in my bag. Because I have such a, you know,
fear of flying, it's, if I'm really, like, freaking out, it's kind of this weirdly anchoring force for
me, which sounds ridiculous, but they just bring me so much joy. It's hard not to, like, feel okay
when I have one in my back. And also, there's this weird psychological sense of, like, oh,
it can't be that bad. It can't be that scary if I have, like, a little naked baby in a costume
in my pocket. That sounds really weird. If you don't know what these are, like just Google them
and it will make sense.
But yeah, it's just like, oh, how serious can this situation really be if I have this little
figurine thing?
It's like this weird thing to pull you out of a moment where you're getting too stressed.
You know, also, Adol just demands a lot of seriousness and it demands a lot of responsibility.
And unfortunately, sometimes that comes with the suppression of spontaneous play and laughter
and being silly and goofy and just stupid.
And trinkets, by their very nature, are often non-functional.
primary purpose is simply enjoyment and aesthetic pleasure and to be fun. I don't, I don't see the
bad thing in that. I think that's something that actually a lot of adults could do with. I think it would
really help us, I don't know, take things a little bit less seriously. It's probably the best way
where I can put it. You know, engaging with them. I think it just really reintroduces a vital
element of playful lightness into our adult lives. And here is when we finally arrived to
something that we've been kind of circling for most of this episode, which is incredibly important
in this discussion, which is the power of nostalgia. The power of nostalgia is hard at work
in really being the backbone of this industry. Collecting trinkets and small toys,
like it's not a new concept. I think most of us used to have something that we collected as a
child. For me, it was Beanie Babies. It was like literally.
everything. Do you remember those pop figurines as well? Some people used to collect those,
even if you collected stickers, like that everyone had something. And brands realize what an emotional
pool it can be if they create something that reminds us of something from the past.
Because this thing from the past feels comforting. Let's like take Beanie Babies as an example,
because I feel like everyone knows what a Beanie Baby is. Beanie Babies had this like very,
unique bean-filled kind of texture and they had these quirky little names and they were
incredibly cute and they were appealing. They were also kind of creepy and they were kind of like a
medium-sized toy. I don't think it's crazy to say that there is a kind of a lot of similarities
between jelly cats and beanie babies and also between things like Labooos and Beanie Babies and
any number of soft blind box collectibles. Like it's very obvious to me that these
brands are just being like, cool, if we can activate a similar feeling to one that people had in the
past around collecting something cute and fluffy that feels the same and kind of looks the same in
weird ways, we can make a heck ton of money. In essence, I think that a lot of these toys are
like the beanie babies of the digital age. They are skillfully leveraging very similar
psychological hooks like cuteness, scarcity, even like investment potential. But it's been amplified
by this like the instant global reach and highly visual nature of modern social media.
It's just history repeating itself, but with a much faster internet connection.
And there's also this like perceived throwback to the good old days.
Like these things are very grounding and they feel very familiar.
They have a very whimsical nature.
It's really evoking like a bygone era.
And these trinkets are careful.
crafted to deliver that very warm, fuzzy emotional connection to our past. They're trying to
provide psychological comfort, even if they're fresh off the production line. And ultimately,
nostalgia transforms purchasing from, I guess, a purely functional or rational decision
into a deeply emotional one. We reward ourselves with a nostalgic purchase because it puts us
in a positive mood or it helps us preserve a very simple, nice feeling of connection to the past.
All this stuff that we read about in textbooks when it comes to consumer decisions and the use
of nostalgia and emotional hooks and even like decisions when it comes to the texture and
the feel and the size of an object and all these things, like the cuteness of an object,
all that stuff has been carefully crafted these days.
Like there are studies on what kind of faces people think are more cute and what kind of textures or fabrics people find more comforting.
And it's like they've taken all this information that we've known for a long time and all this psychology around what drives people to buy.
And they've created like the perfect item, the perfect thing that we all want.
Let's shift gears and let's really like I think it's time to talk about the economy.
I think it's time to really like I've been circling around it.
it's time to talk about the money behind this. And whether or not something like
Labibos are in fact a recession indicator. So this basically started as like a joke on TikTok
and it has now spawned articles in the Australian Financial Review, in Vogue, in CNN, across
countless blogs that the rise of collectibles and of collecting is a sign that the economy is
about to freaking tank. If we really dive deeper into what's driving this recent surge in
trinket culture, we can kind of develop a better understanding of why people and economists
are like may be thinking this way. We know that the main proportion of these engaged consumers
in these trends, primarily Gen Z and younger millennials, and this is the same generation that
is facing very unique economic realities compared to their predecessors.
I saw this really fascinating video from an amazing creator and a brand strategy consultant,
I guess he is, on TikTok.
His name is Eugene Healey.
And he articulated this trend so perfectly.
He basically discusses how, unlike previous generations, many young adults are finding themselves
increasingly locked out of traditional markers of adult success, most notably home ownership.
This is not new to us.
I think everyone who is in their 20s understands this.
These days, only around 23rd.
3% of people in their 20, so from 20 to 29 own home compared to 40% of boomers at the same age
that we are.
Like, everyone knows house prices outpacing wage growth.
There's not enough houses.
Mortgage rates are ridiculous.
Whilst, you know, some people have found a way to enter the market, often with family
assistance or by compromising on location or on significant parts of their life, most people,
77% of people in their 20s feel that home ownership is a very distant, if not impossible dream.
So when big traditional aspirations like owning a home become unattainable,
which I think is a sign that our economy isn't working if people literally can't afford
shelter and the security of a home,
where do people channel their desire for stability and personal expression and a sense of
accomplishment into. Often, it's more accessible forms of consumption. Clothes, travel, cars, also trinkets.
Basically, you know, this generation, we may be locked out of the property market, but we feel
very locked into this accessible delight of collecting. The idea that small, relatively inexpensive
luxury items tend to surge during economic downturns is actually known as, you know,
as the lipstick effect or lipstick economy theory.
And it was popularized by someone called Leonard Lauder.
Does that last name sound familiar?
Lauder, i.e. Estée Lauder, one of the biggest beauty brands in the world.
They own so many, like, smaller makeup companies.
This guy, Leonard Lauder, the chairman of Estée Lauder, basically observed a spike in
lipstick sales after the 9-11 terrorist attacks and also during the early 2000.
recession. And he basically said when we are faced with economic uncertainty and tightening
budgets and less money to spend overall on big things, we might go without larger, more significant
purchases, but we still crave a sense of indulgence and a psychological pick-me-up. Lipstick,
you know, that was the example he was working off of, is accessible and it's an affordable
luxury and it's small. So it becomes the choice.
form of indulgence when larger forms of indulgence are just out of reach. Just like that high-end
lipstick, trinkets offer a little feeling of luxury and instant gratification without requiring
the significant financial commitment of a big ticket item. And this perfectly aligns with what we know
as little treat culture where consumers consciously opt for, you know, small, little frequent indulgences
as a way to boost their mood, rather than larger splurges that are out of reach.
You know, even in the midst of economic uncertainty and global uncertainty and maybe even a
recession, we still want a sense of normalcy and we still want a sense of joy and happiness.
And basically, that is what trinkets and Lububoos and jellycats and sunny angels and whatever
else there is are a sign of. They are a sign of these companies coming to fill a gap in our
economy. So with that bleak kind of picture in mind, we are going to take another short break.
But when you return, we're going to talk about something a little bit different, which is
the role of dopamine, the role of impulse buys, and whether we can call this behavior addictive.
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Listen to Love Trapped podcast on the IHeart Radio app, Apple Podcasts, or wherever you get your
podcasts. Okay, we are back and we are talking about trinkets. I think that whilst, you know,
collecting trinkets is very fun and it's joyful and it's kind of harmless most of the time.
By their very design and how they are being designed currently, they're often perfectly primed
for impulse purchases and overconsumption. So they have this relatively low price point, right?
They're also very, very cute. And these days, they're presented in blind boxes. So you don't really
know what you're going to get. It's kind of like gambling, which we're going to talk about a little bit
later. But all of these things combine and create this immediate urge to buy on the spot.
The instant kind of dopamine hit associated with buying these figures often overrides
rational financial future planning. If not done cautiously, it can lead to a very habitual
and frequent overspending over something that, you know, as much as it's cute, we don't really need.
I also think that the sheer ease of online shopping these days and one-click purchasing effectively
even further removes the friction that might otherwise allow for kind of like a second thought
and a second thought of like, do I need this?
Social media also has a really critical role to play in this kind of like competitive
consumerism.
Seeing perfectly curated collections, rare finds, massive holes, people who you admire,
online having this thing often creates intense pressure to acquire more, to have the best collection,
or simply to kind of just like keep pace with other people. And this can really tragically
push people to spend well above their means and it's driven by social comparison more than genuine
desire. Because of this comparison and a fear of missing out on the latest and greatest
item that shows that you're in the no, it's really not a surprise that people get emotionally invested
in whether they manage to actually get the item. It's not just about having as many as possible,
it's about just having one or two to show that you're part of the group. This can lead to even more
impulse spending, like something that you didn't budget for, something that you didn't account
for, that you have to constantly buy the new trending item to feel like you fit in. And you might
simply follow this urge again because you don't want to miss out. Behind the scenes,
as well, this is called scarcity marketing, and it is working overtime on nearly all of us.
Have you noticed that when something is trending, it's a lot harder to get? Think like the road
lipsticks, think the luboos, think any number of trending products. There is a period where
you cannot get your hands on that thing. That is not by accident. It's not. It's not.
not because these companies didn't know how much people would want their product. It's because when
they first launch something, they make it so that it is scarce so that people want it more,
which creates huge future demand and an ever-present sense of urgency to buy, buy, buy when you
got the opportunity that may have otherwise not been there. Something you guys may actually not know
is that I actually have an economics degree. I'm just going to throw that out there, but
I studied economics at uni alongside studying psychology. And this is a really basic principle that they
teach you in like microeconomics 101, which is basically that when the demand is more than the supply,
people will pay more for something. And so when you deliberately reduce or limit supply,
it is a way to control prices and to control the market and to control consumer behavior.
In the most simplest way, think about the cost of oranges on, you know, at your local grocery store versus on an island.
So at your local grocery store, they have to charge somewhere near the market price for an orange or for milk,
because if they don't, you can go to another grocery store and you'll find it for cheaper.
But when, for example, you're on an island and there's less oranges and there's not as many places that you can go to get an item,
you will easily pay more for that thing. You'll pay more because, firstly, there's not other places
that you can get it, but also because you see that item is more scarce and you see it as more
valuable. So basically, a lot of companies these days are taking that lack of availability
and the exclusivity of their items and using that to drive an even higher desire to own
something that they make. So basically they're deliberately creating things like limited collections
or super rare items or deliberately only doing limited drops so that when the time comes,
they can not only sell them for a much higher price than what they're worth,
but they also know they will always have people in line waiting to buy them. It's also why
when, for example, a new collection drops or when something suddenly becomes available,
people start hoarding. I saw this video the other day of, you know, whatever, like a pop-mart
vending machine and some guy at the very front buying out, buying like 20, no one needs 20. You don't
need 20. Like, that's ridiculous. It's like, what? But because you know that you can resell them,
because the perceived value of them is higher, they know that someone isn't just going to buy one and be
satisfied, they're going to buy a lot of them because the demand is higher than the supply.
So this drive to buy more, right?
It seems very, very powerful, especially with collectibles.
Like, that's the whole point.
They are something you collect, you gain more of them.
Because of that, could we call this habit addictive?
It's a complex question, but the short answer is yes, certain aspects, particularly with blind boxes
and the relentless pursuit of rare items can absolutely tap into established addictive psychological
mechanisms. You can become addicted to gaining access to this thing or buying more, more of
more blind boxes, more trinket items, having as many as you possibly can get your hands on.
At the heart of it lies our brain's dopamine and reward systems. Dopamine, we know that it's a
very powerful neurotransmitter. It is released when we experience something pleasurable,
exciting or rewarding or something that we have been anticipating. This is what economists actually
call the dopamine economy. And in the context of trinkets, this dopamine rush occurs at several
key moments. It occurs before you get your hands on something and you're questioning,
am I going to get one? Am I not? There's anticipation. It occurs when you make the purchase and you
have it. It occurs when you open the box. It occurs when you find maybe a rare item. It occurs when
you complete a set, it occurs when you go back for more. This surge of dopamine powerfully reinforces
the behavior and your brain quickly learns that this action of buying or unboxing equals pleasure,
leading to a strong ingrained desire to continue to repeat that action. This is the core of what we
call operant conditioning. Behaviors followed by a satisfying consequence are more likely to be repeated.
So this leads us to kind of a second fascinating question.
Not only are blind boxes addictive, but are they simply just another form of gambling?
Is that why we get so hooked on them?
There are absolutely parallels between blind boxes and the pokies or slot gambling or
whatever kind of gambling you may be thinking of,
especially concerning the underlying mechanisms that drive engagement,
which is the idea of intermittent reinforcement.
So let me explain this.
Basically, in classic gambling, you never know if your next bet is going to win,
but the possibility of a payout keeps you playing.
In blind boxes, you don't know which specific figure you're going to get,
but the possibility of obtaining a rare one or a highly desired item keeps you buying them.
This fundamental principle creates a highly persistent and compelling behavioral loop.
The element of uncertainty and the anticipation is central to both,
gambling and blind boxes. Like the thrilling anticipation of opening a blind box is much like
the anticipation you have before pulling the leather on a slot machine. It generates immediate
excitement, anticipation and a rush of dopamine. The unknown outcome is precisely what is
making this experience so alluring. There's also the inherent financial risk involved.
I'll be it, you know, it's definitely on a smaller scale with blind boxes than traditional gambling,
but you never know. You are spending money for an uncertain outcome. I remember trying to explain this to my
mom and she was like, what do you mean you don't know which one you get? She's like, that's ridiculous.
Imagine going to a movie and not knowing what movie you were going to get tickets to and just
hoping it was the one that you wanted to go to. She's like, no other industry works that way.
The way I described it to her was like, yes, you could end up with something that you don't particularly want,
but you could also end up with something really good and really desisting.
desirable. And you could also end up with one that is worth a lot of money and you can resell it
and then you can buy more and it's this whole cycle. The frustration you know of getting multiple duds
or duplicate figures as well, that also has a gambling term. It's called chasing losses,
continuously buying more boxes or continuously gambling with the hope that you're finally going to
win. The thing is, is that actually you would think that these losses told, you know,
kind of redirected someone and told them to stop. But the more you sink into something, the more
you sink into the slot machines, the more you sink into the blind boxes, the more you then
definitely need a win, because otherwise you've lost all that money for nothing. So it's not explicitly
gambling, but there have been some arguments that things like blind boxes do actually introduce
young people in particular to these gambling like mechanisms at a really early age. So if
you're a parent or if you're a consumer, like, you might not know this and you're just like,
oh, it's a harmless toy. It's just like this cute little fluffy thing. I'll give my kids some money
and then I'll give them some more money and then suddenly they need more money. You might not realize
that actually the psychological conditioning that is happening behind the scenes is rooted in, again,
intermittent reinforcement, rooted in the same mechanisms that create gambling addicts. And that could
have the potential to normalize or even prime individuals for future gambling behaviors where
the stakes are much higher. Research and developmental psychology highlights how sensitive children and
teenagers are to these kinds of reinforcement schedules, and it means that they are more vulnerable
to such conditioning. There was a 2021 study conducted here in Australia in New South Wales,
the state I live in, that actually found that at least in the short term, young girls and
adolescent girls who bought or sold online kind of loop boxes or blind boxes actually demonstrated
more positive attitudes towards gambling. They were more likely to want to gamble in a more
high-stakes setting compared to those who didn't behave in these early or didn't engage in these early
kind of trade-sell behaviors. And it just shows how malleable young people are to these things
and the extra layer of caution we might need when encouraging this kind of uncertain buying
behavior. And it's really important to have this conversation. It's really important to say,
you know, this industry is at the end of the day, not just based on making you happy.
Like people aren't creating buying boxes like Pop Mart and all these companies aren't creating
this because they just want you to have fun. They're creating this and they're doing this
deliberately because they know that they can make a crap ton of money if they leverage these
psychological insights. The same way that social media has been designed to be addictive and social
media platforms have literal neuroscientists on their team to keep you hooked. These companies have
neuroscientists on their team to keep you buying. So it's just important to add that into the
conversation. It's also important as well to understand that collecting and trinkets as a hobby,
it's not all the time always going to be dangerous. There are many ways.
ways that it can play out that is just really enjoyable and completely harmless. So I don't want to
like completely pathologize and scorn this hobby. This is a hobby that I have and I don't
particularly think that I'm addicted. And for me, it's always been a source of joy. Millions upon
millions of people worldwide collect various items. They collect stamps. They collect coins. They collect action
figures. They collect art, designer toys, whatever it is. And a lot of them, the majority of
them don't develop a problematic addiction and they don't spend more than their means.
So for most of us, this activity is just a genuine source of pleasure. It's a creative
outlet. It's a means of social expression, personal expression. It's just a fulfilling
harmless hobby. And I think that finishing on that context is important because the pursuit
of joy, which is what this is really all about, is definitely a fundamental human need.
if a small, well-considered purchase of a trinket genuinely brings a smile to your face,
genuinely makes you feel joyful and happy and childlike and peaceful, there's immense value in that.
You know, we are not robots designed solely for productivity and efficiency.
Like, our emotional well-being is critical and it's an irreplaceable component of a truly fulfilling life.
So if this thing brings you joy, sometimes it might not be worth examining it any time.
deeper than that. Sometimes it's okay to just engage in it and not feel shame and not feel like
you're being manipulated. It is still just a real simple, the simple like pathway to happiness.
And yes, some people would argue that buying happiness or having to buy things to make you
happy is inherently wrong or bad, but it is also just kind of the world that we live in.
Everything costs money these days. As long as you are being healthy about it and that you're
you're also seeking out happiness and purpose and fulfillment beyond just financial transactions
and the act of buying something. I think you're, I think you're okay. I think that trinket
collecting is not, it's not the devil for you and is not a huge, terrible evil. Like, I do it. I,
I know that perhaps there are systems at play that have gotten me into this, but I also know that I've been doing
this since I was a kid. And I also know I've been doing it with things that I just collected out in
nature, like rocks and flowers and, you know, insects back when I was a kid. So I know this is kind of
part of who I am. And so, yeah, I don't necessarily feel terrible about it. And I don't think
you should either. Just be conscious of the industry. Just be conscious of the space that this exists in.
And I'm going to say like the most corny thing, but make smart decisions and you'll be all right.
hope that you really enjoyed this episode. I hope that you learned a lot. I hope that it's caused
you to think and have interesting conversations with your friends. Maybe you can send this to a friend
who themselves has a real fascination with trinket collecting, has a big sunny angel collection,
has been really leaning into the Lubbubu trend. Hopefully they enjoy it as much as you do.
Leave a comment down below if you collect something. I want to know what people collect. Even if it was
something that you collected as a child just to see how far this habit and this behavior goes.
I think it's so endlessly fascinating.
Also make sure that you are following me on Instagram at That Psychology Podcast.
And follow along here as well.
If you're listening on Spotify, Apple Podcasts, make sure you are subscribed so that you know
when new episodes are being released and leave us a five-star review if you feel cool to do so.
But with that in mind, thank you again for joining us.
Be safe, be kind, be gentle to yourself.
Enjoy a small trinket every now and again.
and we will talk very, very soon.
Hey, what's good, y'all?
You're listening to Learn the Hardway
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In 2023, Bachelor star Clayton Eckerd was accused of fathering twins.
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