this presentation is about just noticeable differences in marketing and how marketers are using this as their advantage
Size: 1.67 MB
Language: en
Added: Apr 26, 2015
Slides: 14 pages
Slide Content
Just Noticeable Difference in marketing "We don't see things as they are; we see things as we are." - Anais Nin.
Just Noticeable Difference is the minimal Stimulation between two products as observed by the consumer. Otherwise we can say -"The just noticeable difference (JND) is the smallest difference in intensity between two stimuli that a person can detect."
Marketing Applications of the JND Need to determine the relevant j.n.d . for their products so that negative changes are not readily discernible to the public so that product improvements are very apparent to consumers
The concept of JND can also be applied to marketing mix decision related to price, promotion, packaging and product modification. For instance, if a company plans to make any changes in its product, then the change should be gradual and below the JND, so that the consumer is not sensitive to it and accepts the change. Even when organizations make changes in their logos, it should preferably be gradual
It is seen that consumers do not positively accept any kind of sudden change, because change is seen as a threat by the human psyche. For consumers to accept change without discomfort, marketing activities should be designed such that the change process is gradual.
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