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Mind Games: The Decoy Effect 🧠💡 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: ⭐ Imagine you're choosing a phone plan: * Option A: 2GB

“The Decoy Effect: How Brands Trick You into Choosing More” The Decoy Effect is a pricing strategy where businesses introduce a third, less attractive option (the “decoy”) to subtly push customers toward a more profitable choice. It plays on human p

How Choices Shape Decisions: The Power of the Decoy Effect 🎯

Imagine you’re buying pizza for your friends, and you’re faced with these options: Small: 4 slices for ₹100 Medium: 8 slices for ₹200 Large: 12 slices for ₹260 (with extra cheese!) Now, let’s rule out the Small pizza—it’s obviously not enough for a

Slice is just few of the fintech startups with a Bank License. So will you ever prefer slice instead of other banks like HDFC?

The Psychology Behind Pricing Strategies: Why You Pay What You Pay Ever wondered why a product costs $9.99 instead of $10? Or why luxury brands rarely go on sale? Pricing isn’t just about numbers—it’s about perception, behavior, and psychology. Her

when employees ask for a 2nd slice at the pizza party

With the latest update, Medial suddenly feels like just another LinkedIn.

slice Fintech released new products like fixed deposits and a savings account what do you think they'll release next

In my LinkedIn feed lately, every time a company does something new, everyone jumps on it like there’s free cake, all trying to grab a slice of the attention.