How does the bandwagon effect apply to discount marketing?
As an e-commerce marketer, I'm curious about leveraging psychological principles to drive more conversions. The bandwagon effect seems like a powerful strategy, but I want to understand how it specifically applies to discount marketing. How can I use social proof and the psychological tendency of people to follow trends to make my promotions more compelling? I'm looking for strategic insights that go beyond basic tactics and help me create discount campaigns that tap into customers' desire to be part of a larger movement or trend.