All Value Is Subjective: A Video from TED.com

November 10th, 2009

My friend Joshua Cody and I have been enjoying watching some of the videos on TED.com recently including this one from Rory Sutherland of Ogilvy, who argues that a change in perceived value can be just as satisfying as what we consider “real” value.  He goes on to show how advertising adds value to a product by changing our perception, rather than the product itself, and gives some humorous examples from history.  Take a look…

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