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Tired of using same device 🤧. Need a newer one. Checking on youtube for new devices 🧐 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

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

“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

“Expect the Best: How the Pygmalion Effect Elevates People and Performance in Business” 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

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

“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

“Mine to Keep: How the Endowment Effect Makes You Value What You Try” The Endowment Effect is a psychological bias where people value things more once they own them—even if ownership is brief. Businesses use this to increase attachment and perceived

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

“Set and Selected: How the Default Effect Quietly Influences Customer Choices” 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