The Decoy Effect: How Companies Trick You Into Spending More | How Businesses Manipulate Your Choice
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YouTubeTiny Daily Lessons
The Decoy Effect: How Companies Trick You Into Spending More | How Businesses Manipulate Your Choice
Have you ever noticed how the “middle” option suddenly looks like the best deal? That’s called the Decoy Effect — a psychological pricing strategy businesses use to influence your decisions without you realizing it. Here’s how it works: A company introduces a third option that nobody actually wants… but its only purpose is to make ...
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