Consumer Psychology

Why do businesses offer free one month trials?- Endowment Effect

Why do businesses offer free one month trials?- Endowment Effect

Can consumers be tricked for their love of music? We all enjoy listening to music.

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Ecommerce & Scarcity Markerting

Ecommerce & Scarcity Markerting

In one of my other blogs, we explored the power of scarcity and how coffee shops can leverage it.

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Why is less, more? : The Choice Overload Phenomenon

Why is less, more? : The Choice Overload Phenomenon

Do you remember how long it took you to decide which movie to watch on Netflix last time?

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A Tub of Popcorn & Decoy Effect

A Tub of Popcorn & Decoy Effect

Most of us think of movies whenever we hear the word popcorn.

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The Sunk Cost Fallacy and Music Concerts

The Sunk Cost Fallacy and Music Concerts

Imagine you bought tickets to a concert a few weeks ago for INR 2000.

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Coffee shops & The Power of Scarcity

Coffee shops & The Power of Scarcity

Hundreds and thousands of people travel in metro trains in India on a daily basis.

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