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“Anchoring Effect: The First Price You See Changes Everything” The Anchoring Effect is a cognitive bias where people rely too heavily on the first piece of information (the “anchor”) they see when making decisions — especially in pricing. Businesses

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PSYCHOLOGICAL MARKETING TECHNIQUES - 1/10 Anchoring Effect The anchoring effect involves presenting a higher-priced product first to make other options seem more affordable. This psychological bias causes consumers to rely heavily on the first

I recently came across some Cognitive Biases that are quite interesting, which can help self-assessment. What basically ae these biases? Cognitive Biases are the errors in our thinking, which are done to make decisions quicker and less painful for

📖 DAILY BOOK SUMMARIES 📖 🔗 DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE — https://drive.google.com/file/d/18xOMsRbe8b4vP3zYKobcbsDj4FWlRcMi/view?usp=drivesdk 🔥 Thinking, Fast and Slow 🔥 🚀 20 Lessons By 👉 ✨ Daniel Kahneman ✨ 1. Two System

we don't evaluate things in isolation-we judge value by comparison rather than by an absolute standard. Why Does This Happen? 1. Relativity Bias - We compare options rather than assessing their true worth. A 1000 pen might seem expensive, but if pl

You don’t need a $120,000 degree to learn how to build LLMs. You need consistency. And the right roadmap. After building and deploying AI systems, one pattern became obvious quickly. Most knowledge is accessible. Few follow structured paths. You

You don’t need a $120,000 degree to learn how to build LLMs. You need consistency. And the right roadmap. After building and deploying AI systems, one pattern became obvious quickly. Most knowledge is accessible. Few follow structured paths. You

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

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