“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
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0 replies6 likes
Mahendra Lochhab
Content creator • 7m
The average price of a smartwatch in India fell from $25.6 to $20.6 in 2024 due to price cuts to clear inventory.
1 replies8 likes
Pulakit Bararia
Building Snippetz la... • 3m
If you have to discount to close the deal, you’ve already lost.
Price isn’t the problem. Perceived value is. People pay full price for things they truly want.
Instead of lowering the price, raise the worth. Fix the offer, not the tag."
1 replies15 likes
Ayush saxena
Money is time and mo... • 1y
Any Packge health food brand which selling in economymicial price in india?
Meme marketing agency WLDD buys scoopwhoop from The Good Glamm group
0 replies3 likes
Tikam Gupta
Here to learn • 3m
what should be the go to market approach for a new pet food brand in India?
0 replies2 likes
Mahendra Lochhab
Content creator • 7d
The manufacturing value of mobile phones in India has surged from ₹18,900 crore in FY14 to ₹4,22,000 crore in FY24, according to PIB.
0 replies6 likes
Sneh Shah
'devtah' without the... • 8m
RIP Ratan TATA!🕊️
One of the few businessmen who truly made entrepreneurs realize that India has the potential to grow businesses in every sector possible, while also building the brand value of India as a key provider of services.
Blessed to hav
