Business enthusiasti...Ā ā¢Ā 2m
āBrilliance by Association: How the Halo Effect Elevates Brands and Salesā 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 a strong brand, celebrity endorsement, or one great product makes everything else seem better. For instance, Appleās sleek product design creates a halo that makes customers assume all their offerings are innovative and high-quality. A charismatic CEO can elevate the companyās public image. Similarly, packaging, branding, or a well-designed website can influence how trustworthy a business appears. The Halo Effect shows how first impressions shape perceptionsāand purchasing decisions. Follow for more Only buziness
Entrepreneur/SpeakerĀ ā¢Ā 1y
Tired of using same device š¤§. Need a newer one. Checking on youtube for new devices š§ and finally you bought it. This is endorsement effect - If you are influenced by someone words or actions We people always gets influenced by someone ***WE AR
See MoreBuilding WelBe| Entr...Ā ā¢Ā 6m
day 1 - THE HALO EFFECT The Halo Effect is a type of cognitive bias where our overall impression of a person influences how we feel and think about their character or abilities. Here's a simple way to understand it: Imagine you meet someone who lo
See MoreBusiness enthusiasti...Ā ā¢Ā 1m
āEverywhere You Look: How the Baader-Meinhof Effect Builds Brand Familiarity Fastā The Baader-Meinhof Phenomenon, also known as frequency illusion, happens when something youāve just noticed suddenly seems to appear everywhere. In business, this eff
See MoreWill become a inspir...Ā ā¢Ā 1m
āExpect the Best: How the Pygmalion Effect Elevates People and Performance in Businessā The Pygmalion Effect is the phenomenon where higher expectations lead to improved performance. In business, it plays a key role in team management, employee moti
See MoreBusiness enthusiasti...Ā ā¢Ā 2m
Join the Crowd: How the Bandwagon Effect Boosts Brand Popularity and Salesā The Bandwagon Effect is a psychological bias where people do something primarily because others are doing it. In business, itās a powerful marketing tool. When customers see
See MoreBusiness enthusiasti...Ā ā¢Ā 1m
āThe Pricier, the Better: How the Veblen Effect Drives Luxury Brand Obsessionā The Veblen Effect is a psychological phenomenon where demand for a product increases as its price risesābecause the high price signals status, not just value. Luxury bran
See MoreWill become a inspir...Ā ā¢Ā 20d
āPeer Endorsement Loops: How to Build Viral Trust Engines Using Social Proof Psychologyā Peer Endorsement Loops are viral feedback systems where user behavior reinforces trust, credibility, and conversionsāthrough the visible support of peers. Thi
See MoreWill become a inspir...Ā ā¢Ā 2m
āMine to Keep: How the Endowment Effect Makes You Value What You Tryā The Endowment Effect is a psychological bias where people value things more once they own themāeven if ownership is brief. Businesses use this to increase attachment and perceived
See MorePrev- Founder & CEO ...Ā ā¢Ā 1y
Societies that don't have an equal judicial system never become successful or scale after all As a second order effect people lose faith in the judicial system and society, which ultimately makes them migrate to a better judicial system True for
See MoreBusiness enthusiasti...Ā ā¢Ā 1m
āSet and Selected: How the Default Effect Quietly Influences Customer Choicesā The Default Effect is a psychological bias where people are more likely to go with pre-selected or automatic choices, simply because it requires less effort. Businesses u
See MoreDownload the medial app to read full posts, comements and news.