How does peer pressure affects your social status?

Peer pressure is all about a mental situation where one tries too hard to get accepted in the society. It results into doing things which makes one more acceptable in the society and the peer group. This is more common in teenagers but people who are more worried about their social status and reputation are more likely to have a more serious effect on their life. Doing things just for the sake of getting along the crowd just results in a more status oriented approach rather than a welfare oriented approach. And when something happens against this, the person becomes ashamed of himself and may even lose his self confidence and identity.