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shystrui.btc
@tansor11
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Undervaluation
I don’t remember exactly, but I read about an interesting experiment in some book. There was a shop on the shores of the azure sea selling specific turquoise-colored jewelry. The price was quite low for the people visiting the area. For a month, there were very few sales, and they couldn’t figure out the problem. Was it the specific color? They were even considering closing the store. Then, someone (let's call him "X") suggested raising the prices by 10 times. Everyone thought he was crazy. But to their surprise, by the end of the month, sales had increased by 30 times, if not more (I read this a long time ago, so I don’t remember the exact figures). All the buyers were proudly talking about how they had bought such unique jewelry. Psychologists later analyzed this and concluded that expensive = high quality , cheap = poor/low quality/uninteresting.
But as we can see, this is just judging by the wrapping... 1 reply
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