IKEA Effect explains why customers value products more when they build or customize them.

How This Restaurant Makes First-Time Customers Come Back

A customer calls at closing time and says, “We expect you to be open anyway.”

Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. #economy. The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the Bureau of Labor Statistics reported Tuesday. The monthly rate was as forecast, but the annual rate was 0.1 percentage point above the Dow Jones consensus. Full details: Tap the link on screen.

BSBA Marketing: Creativity Meets Strategy | NU Las Piñas

Grocery Price Increases Affecting Shoppers