Precis on placebo effects of marketing actions assignment

Also, people are are being intelligent enough and tend to evaluate so much thinking that a product would not lower down its price unless either it is already an old stock which lessens the product’s effectivity or either the ingredients a product is made is really of lower quality thus, generating less effectivity as well. The idea of the journal title saying “ Consumers May Get What They Pay For” is actually a self-dependent result. High expetations only arise with more expensive things than those of cheaper ones in order to get the value of what they paid for.

The mentality of the people which improves their condition or the therapeutic claim they get is just actually the placebo effect of their perception. In conclusion, the study’s approach is simply saying that beliefs and expectations provided by the marketing actions such as price change and strong advertising claim produces a great impact on the placebo effect which is the behavioral factor of the consumers that changes the actual value of the product.