A note from Sary

Ch.8-CD.4: Ownership& Possession - The Endowment Effect: This is why advertisers often try to get consumers to imagine themselves owning the promoted products by asking consumers to think about what they would do with those products. Also, trial promotions and "money-back guarantees" work the same way by letting consumers own the product first without an friction. Since we now know that the value of something becomes much greater after it is in our possession, consumers often feel reluctant to return that product and get their money back afterwards.

Sary Actionable Gamification, page 174 · August 12, 2023 Save to shelf
Notes like this take four seconds in Booksense. Scan the paragraph, it lands on the right page, and comes back for review later. Take your first note

More from readers of Actionable Gamification

Sary p. 460
Sary p. 453

More from Sary

See their profile

Stop losing the best parts of what you read.

Booksense pushes your highlights back to you for review, so a note from page 174 is still yours a year later. Free on iOS.

Sary on Booksense 1,235 notes 212 hours of reading