Back

Mohd Rihan

Student| Passionate ... • 5m

Have you ever use or noticed the CONTRAST EFFECT in the market. It's a psychological phenomenon used in marketing and sales strategies to influence consumer behavior, occurs when the perception of product is influenced by the comparison to something else, which make the product seem, more better and desirable. Ex: U went to buy pillow, they will show u the low quality pillows and when u feel like all they are bad, suddenly they bring the better one and u choose that one. This effect uses in many ways through making the comparison in: -Prices -Premium Product Placement -Discount and offers -Upselling and Cross Selling and in many more things. Don't forget this to add this in ur sales skills.

Reply
5

More like this

Recommendations from Medial

Trideb Dey

Explorer • 21d

All are concerned about product development, but none about product sales. In Western Market the founders works on pre sales just by creating a video render of the product and test the product-market-fit. Anyone who knows about pre sales text me.

Reply
3

Only Buziness

Business enthusiasti... • 1m

Familiar Wins: How Repetition Builds Brand Trust Through the Mere Exposure Effect” The Mere Exposure Effect is a psychological phenomenon where people develop a preference for things simply because they are familiar with them. In business, repeated

See More
Reply
5

Suprodip Bhattacharya

Entrepreneur || Star... • 1m

If a tele-caller and tele-sale AI, the users can create the multiple channels, multiple phone numbers, or multiple types, and they can train those ai for the sales and everything. They can just, based on a conversation, the AI will learn all things o

See More
Reply
2
Image Description

Vinay

Founder of @moody • 10m

What the shortcomings of India market in product affordability comparison to China market in so cheap/affordable and So Big in Export across the World? Share ur Opinion🤔!

2 Replies
3
Image Description
Image Description

Ronak Patel

Here you go! • 7m

What is Sales according to Raj Shamani? It's PEU 🔫 P - Preparation Prepare yourself with the product/service, get all the details of your products and know how your customers can use it in the best possible way. make them realize the worth

See More
5 Replies
2
10
Image Description

Only Buziness

Business enthusiasti... • 1m

Join the Crowd: How the Bandwagon Effect Boosts Brand Popularity and Sales” The Bandwagon Effect is a psychological bias where people do something primarily because others are doing it. In business, it’s a powerful marketing tool. When customers see

See More
2 Replies
7
Image Description

Riyaz Saleem

Growth Marketing Hea... • 4m

Many startups focus solely on building the product, but forget to give equal importance to marketing and sales. While creating a great product is essential, it’s not enough to ensure success. Marketing plays a crucial role in making sure the produc

See More
3 Replies
13

Only Buziness

Business enthusiasti... • 1m

“Brilliance by Association: How the Halo Effect Elevates Brands and Sales” The Halo Effect is a cognitive bias where our overall impression of someone or something influences how we feel about their specific traits. In business, this plays out when

See More
Reply
2
Image Description

Aditi

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 More
2 Replies
1
4

Only Buziness

Business enthusiasti... • 1m

“Everywhere You Look: How the Baader-Meinhof Effect Builds Brand Familiarity Fast” The Baader-Meinhof Phenomenon, also known as frequency illusion, happens when something you’ve just noticed suddenly seems to appear everywhere. In business, this eff

See More
Reply
6

Download the medial app to read full posts, comements and news.