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When Ramona,the keynote speaker at a major business leaders' conference,arrived in the middle of the night at the Ritz-Carlton,she was exhausted and her suit was wrinkled from her 10-hour plane trip.The night clerk found someone to dry clean Ramona's suit and have it ready for her morning presentation.She has been a loyal Ritz-Carlton customer ever since.In this example,Ritz-Carlton demonstrated the macro strategy of
Halo Effect
The cognitive bias where the perception of one positive trait (such as attractiveness) leads to the unfounded assumption of other positive traits, such as intelligence or morality.
Rarity Principle
A concept in economics and marketing suggesting that rare or scarce items are perceived as more valuable.
Plentiful Opportunities
The abundant availability or presence of options or circumstances for action or engagement.
Compliance-Gaining Technique
Strategies used to persuade or induce others to align with one's requests or directions.
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