I’d argue that this ‘sensation of emergency’ is the exact reason behind the biggest booms and…

1st — The sensation of emergency. Since the amount of products for sale is limited, the consumers have little time to reflect on the purchase decision. We skip basic questions we must do before spending money or resources. This rush stimulates shoppin…

Understanding Why People Buy $4000 Shoes Will Change Your Marketing Strategy

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Levi Borba

Warren Bischoff

Mar 17, 2021

I’d argue that this ‘sensation of emergency’ is the exact reason behind the biggest booms and biggest busts in economic history. Spot on analysis.

Economics

Written by Warren Bischoff

575 Followers

188 Following

Consultant at Hitachi Vantara — Boston College, University of Otago. Views expressed are my own, not my employer’s.

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