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Itโs called the decoy strategy.
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Ever wondered why you end up buying the โmediumโ popcorn at the theatre instead of the small one? Thatโs the Decoy Effect at workโa pricing illusion so sneaky it makes you think youโre choosing wisely. Businesses add a third โdecoyโ option just to pu
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โThe Decoy Effect: How Brands Trick You into Choosing Moreโ The Decoy Effect is a pricing strategy where businesses introduce a third, less attractive option (the โdecoyโ) to subtly push customers toward a more profitable choice. It plays on human p
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Mind Games: The Decoy Effect ๐ง ๐ก Ever feel like a third option makes one of the original choices suddenly more appealing? There's a reason for that: the Decoy effect! Here's how it works: โญ Imagine you're choosing a phone plan: * Option A: 2GB
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Imagine youโre buying pizza for your friends, and youโre faced with these options: Small: 4 slices for โน100 Medium: 8 slices for โน200 Large: 12 slices for โน260 (with extra cheese!) Now, letโs rule out the Small pizzaโitโs obviously not enough for a
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Why do Indian founders glorify hustle over strategy? Everywhere you lookโfounder interviews, podcasts, startup reelsโitโs all about grind, sacrifice, late nights, no weekends. Hustle is the badge of honor. The more tired you are, the more โentrepren
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