Just a thought...
Scientific studies in the pharma sector have shown that placebo effect was around 25% in 1950, going steadily up to 50% by 2000. I don't have current numbers on hand, but I suppose it didn't decline after 2000.
So, what's an eager marketing person to do?
Sell objective features, or appeal to deeper emotions?
The one thing that changed considerably is the graph. Last millennium, nearly all sales graphs showed a typical Gauss curve. Since 1980, most of these graphs no longer show the one Gauss hump, but they show two humps.
As to why, I have no clue. It's clear however, that the money is made on the low end and the high end. Average products no longer work, sales wise.
The strange thing is, this applies to the hifi market as well as most other markets.
Scientific studies in the pharma sector have shown that placebo effect was around 25% in 1950, going steadily up to 50% by 2000. I don't have current numbers on hand, but I suppose it didn't decline after 2000.
So, what's an eager marketing person to do?
Sell objective features, or appeal to deeper emotions?
The one thing that changed considerably is the graph. Last millennium, nearly all sales graphs showed a typical Gauss curve. Since 1980, most of these graphs no longer show the one Gauss hump, but they show two humps.
As to why, I have no clue. It's clear however, that the money is made on the low end and the high end. Average products no longer work, sales wise.
The strange thing is, this applies to the hifi market as well as most other markets.