Hustler | Under Grad... • 1y
New shit these days. 5. Influencer driven 6. FOMO driven 7. Status driven They guys buy the shit with low research at a higher price which are not even necessary. EMI led India.
Everything about Mar... • 7m
“The Pricier, the Better: How the Veblen Effect Drives Luxury Brand Obsession” The Veblen Effect is a psychological phenomenon where demand for a product increases as its price rises—because the high price signals status, not just value. Luxury bran
See MoreHey I am on Medial • 1y
• Deepinder Goyal enters billionaire club as his holding in Zomato crosses $1 Bn worth ! • Zomato's share price has increased by over 300% since its low in July 2023, leading to the surge in Deepinder Goyal's net worth. • Goldman Sachs values Blink
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Everything about Mar... • 2m
The Bandwagon Effect vs Social Proof highlights two subtle yet powerful forces in consumer psychology. The *Bandwagon Effect* makes people buy something simply because “everyone else is doing it,” driven by the fear of missing out. *Social Proof*, on
See MoreHistory always repea... • 1y
✨Business Idea: affordable led face mask✨ The Indian skincare market is booming, but LED face masks (₹10,000–₹30,000) remain a luxury. We’re here with an affordable LED mask at just ₹2,999, delivering glowing skin at home! 💡💆♀️ 🌟 Production Pla
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Building WelBe| Entr... • 11m
Smart brands know a secret: People don't buy on price, they buy on perceived value. Here's the winning formula: 1. Tap Into Dreams: Understand your audience's aspirational self. What do they want to look like, feel like, be like? Align every product
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