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CA Foundation doubt

Difference between demonstration effect and band wagon effect?

Asked by Arpita20 Apr 2024764 views

5 answers

  1. Arpita · 20 Apr 2024

    Oohk

  2. Gourab · 20 Apr 2024

    Band wagon effect: consumption of goods and services in fashion so it creates FOMO (sab le rahe hai to ham kyu nahi)

  3. Gourab · 20 Apr 2024

    Demonstration effect : people copy consumption of others ( dusro ka dekh ke man hua lene ka)

  4. Aliya · 20 Apr 2024

    And in band wagon effect people wish to associate with ... They were not jealous...

  5. Aliya · 20 Apr 2024

    In demonstration effect people copy the consumption behaviour of others... People buy or have things bcz other people are able to have them ...

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