Will become a inspir... • 1m
“Mine to Keep: How the Endowment Effect Makes You Value What You Try” The Endowment Effect is a psychological bias where people value things more once they own them—even if ownership is brief. Businesses use this to increase attachment and perceived value. Free trials, “try before you buy” offers, and virtual try-ons let customers feel ownership, making them less likely to give it up. For example, a 7-day trial of a premium app or test-driving a car creates emotional investment. Retailers even allow in-home product testing to build this effect. When customers feel something is “theirs,” they’re more willing to pay or keep it. It’s a powerful way to boost conversions and loyalty.
Will become a inspir... • 1m
“The IKEA Effect: Why We Value What We Build” The IKEA Effect is a psychological phenomenon where people place higher value on products they partially create themselves. The name comes from IKEA, where customers assemble furniture — and end up lovin
See MoreWill become a inspir... • 1m
Unfinished Business: How the Zeigarnik Effect Keeps Customers Engaged” The Zeigarnik Effect is a psychological phenomenon where people remember incomplete tasks better than completed ones. Businesses use this to boost engagement and retention. For e
See MoreFull Stack Web Devel... • 5m
Decathlon revolutionized India’s unorganized sports retail market by targeting beginners (75%) and enthusiasts (25%), offering affordable yet high-quality products. Its immersive store design leverages the endowment effect, encouraging customers to t
See MoreHerbal cosmetics • 3m
Cosmic creation from the dark. A concept. Time with magnetic attachment arising from a black hole. In a space, time, gravity, energy oriented conversion reaction, as the reaction progresses, real time moves in a direction opposite to the reaction en
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The Clueless Company • 8m
I’ve had numerous conversations about why some companies excel in customer service while others struggle. Let’s explore a few key areas that could be game-changers for you: 1. Empathy Over Procedure ⤷ When talking with customers, it’s important t
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