
🍿 Generally, when consumers are left with two options – cheap & expensive, they choose according to their requirement at the moment. But when a third choice, a strategically priced decoy, is introduced the consumers are more likely to choose the expensive one of the other two options. 🤭 🍿 The decoy effect makes people believe that one product has more value than another but in reality, they’re just being tricked into getting the expensive one. 😵 . . Follow for more ✨🍿 . . #trendingreels #marketingstrategy #explorepage #psychology #psychologyhacks #indianpsychologist
This post was published on 15th July, 2023 by Aishwarya on her Instagram handle "@glistenby_aishwaryajain (Aishwarya Jain | Psychologist)". Aishwarya has total 16.7K followers on Instagram and has a total of 422 post.This post has received 733 Likes which are lower than the average likes that Aishwarya gets. Aishwarya receives an average engagement rate of 4.74% per post on Instagram. This post has received 5 comments which are lower than the average comments that Aishwarya gets. Overall the engagement rate for this post was lower than the average for the profile. #indianpsychologist #trendingreels #explorepage #psychology #psychologyhacks #marketingstrategy has been used frequently in this Post.