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“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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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
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Hey everyone! Let’s share our business ideas and give each other feedback and support, of course! Let us all bond, learn, and lift each other up while having some fun along the way. Our idea: Lesgo started with a simple yet heartfelt idea: loyalty
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"Copying a business idea today isn’t just hard — it’s nearly impossible. Everyone talks about innovation, but when it’s time to buy, people still choose the same old trusted brands. Take shaving blades. Ask any middle-class consumer, and 80% will sa
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