ERG theory”: people seek existence, relatedness, and growth, in - Josh Kaufman

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ERG theory”: people seek existence, relatedness, and growth, in

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raising your prices can increase demand by appealing to a more attractive type of customer. Automobiles are a classic example of this type of price sensitivity: some cars are desirable because they’re expensive. The typical customer who purchases a Bentley Continental GT is very different from the type of customer who purchases a Toyota Camry.

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