Back

Anirudh Gupta

CA Aspirant|Content ...ย โ€ขย 2d

It's just a veblen effect.People are just buying because their favourite celeb is advertising it and purchasing it would create a sense of status.

Reply
1

More like this

Recommendations from Medial

Only Buziness

Business enthusiasti...ย โ€ขย 1m

โ€œThe Pricier, the Better: How the Veblen Effect Drives Luxury Brand Obsessionโ€ The Veblen Effect is a psychological phenomenon where demand for a product increases as its price risesโ€”because the high price signals status, not just value. Luxury bran

See More
Reply
7
Image Description

Aditi

Will become a inspir...ย โ€ขย 24d

โ€œSell the Dream, Not the Thing: The Psychology of Aspirational Brandingโ€ Aspirational branding is about selling a lifestyle, not just a product. It speaks to who the customer wants to becomeโ€”more stylish, successful, confident, or free. Luxury bra

See More
2 Replies
5
Image Description
Image Description

Vivek Sharma

If you like this pag...ย โ€ขย 1y

Just wanted to ask you guys ๐Ÿค” Do you prefer to check ratings/reviews before purchasing any goods/services.....?? For Ex:- Buying any dish from restaurant before that you like to check reviews/ratings? Please do comment and let me know your thought

See More
4 Replies
8

Chamarti Sreekar

Passionate about Pos...ย โ€ขย 1m

Your consumer isnโ€™t just buying a product. Theyโ€™re keeping up with the Joneses. ๐Ÿ‘€๐Ÿ“ฑ The Jones Effect is realโ€”and it's powerful. We donโ€™t just buy things we need. We buy what we see others showing off. We mirror status. We chase relatability. We si

See More
Reply
10

Akshat Choudhary

Brand Design & Marke...ย โ€ขย 4m

Hi Friends, I'm Akshat I run an advertising agency called Worthad. I'm just exploring this app. It seems quite good, let's connect.

Reply
3

Mehul Fanawala

ย โ€ขย 

The Clueless Companyย โ€ขย 1y

Every entrepreneur has two choices: 1. Carry the weight of existing solutions and try to fit in. 2. Redefine the problem and create a new solution. Most choose the first path, hoping to succeed by tweaking what already exists. But real innovation?

See More
Reply
1
8
Image Description
Image Description

aswin suryaa

generalist, up for a...ย โ€ขย 8m

I want your opinion on buying a terrarium for your indoor shelves and tables, you know, just to make it look more lively!

3 Replies
1
1

Shruti

Studentย โ€ขย 10m

๐Ÿพ Champagne has become synonymous with celebration . Historically, champagne was associated with the French aristocracy, especially during the reign of Louis XIV, who popularized it in royal courts as a symbol of luxury and status. Culturally, cham

See More
Reply
1
7
Image Description
Image Description

Harsh Dwivedi

ย โ€ขย 

Medialย โ€ขย 11m

Just saw an American startup received 2.5 million dollar funding but spent 1.8 million dollar in just buying domain. What do you guys think of this decision ? Is it worth it ? By the way the domain is friend.com

50 Replies
2
40
Image Description
Image Description

Sairaj Kadam

Entrepreneurย โ€ขย 7m

When you think about advertising, what comes to mind? For me, itโ€™s a mix of emotionsโ€”sometimes itโ€™s that one ad that tells a great story, connects deeply, and stays with you. Other times, itโ€™s just noise, fighting for attention in a world thatโ€™s alr

See More
6 Replies
2

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