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
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
Guys any one can explain what is product strategy and how itโs differ from execution strategy ?
2 replies10 likes
Rohith R
I help businesses to...ย โขย 4m
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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1 replies5 likes
Poosarla Sai Karthik
Tech guy with a busi...ย โขย 1m
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
U might have heard of the card based strategy game called shasn . What if someone create online version of it. We can't copy the whole game but take inspiration from the rules.
1 replies2 likes
Harshit Mishra
Helping brands to gr...ย โขย 3m
Weโre selecting three businesses ready to scale with the right digital strategy.
If youโre struggling with inconsistent leads or sales, itโs not the market, itโs your approach.
let's connect to grow together๐
0 replies5 likes
Mitsu
extraordinary is jus...ย โขย 17d
They took Microsoft Paint
Added layers + a GPT plugin
Called it โVisionaryโ
Now itโs a $700M startup
IPL teams make losses on paper โ and thatโs the strategy.
Theyโre not failing. Theyโre marketing, building brand value, saving tax, and creating long-term fanbases.
Itโs not a cricket game. Itโs a business league.