The Knowledge Project with Shane Parrish cover image

Rory Sutherland: The Psychology of Advertising

The Knowledge Project with Shane Parrish

CHAPTER

Perceptions of Value in Marketing

This chapter examines the differences between subjective and objective value in advertising, highlighting how marketing shapes consumer perceptions. Through various examples and psychological insights, it discusses the importance of storytelling and costly signaling in influencing satisfaction and the perceived value of products and experiences.

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