The Marketing Strategy That Tricks Us All: The Decoy Effect
We all believe that we are in charge of our decisions. The shirt we picked this morning, the smart phone we bought last month, the plane tickets we booked for the weekend; we would like to believe that we, and only we, have made those decisions with no influence whatsoever. However, when you think about the way all those options are presented to us, it is not that hard to see that the decisions we make are in fact influenced by various factors. When we compare different options, we inadvertently focus on the features or promises that are presented as if they are a “necessity”, which leads us to buy products and services that we don’t always need.
#consumer psychology
#marketing strategies
#shopping
#Ecommerce