A note from Daniel

Demand can also be manipulated. On the demand side, our preferences determine the relative attractiveness of products and services competing for our attention—and those preferences can be easily influenced. Marketing can convince individuals to want something, or more of something, that they previously had little desire for. Marketing can also create demand for new ways to meet unfulfilled wants. Josh Kaufman notes in The Personal MBA that "the essence of effective marketing is discovering what people already want, then presenting your offer in a way that intersects with that pre-existing desire."

Daniel The Great Mental Models, Volume 4, page 28 · December 5, 2024 Save to shelf
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