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Consumer Behavior Quotes
"Nobody wants to buy a $60,000 electric Civic. But people will pay $90,000 for an electric sports car."
―
Elon Musk
"Market research doesn't help. If you had gone to a customer in 2013 and said, 'would you like a black, always-on cylinder in your kitchen about the size of a Pringles can that you can talk to and ask questions, that also turns on your lights and plays musi"
―
Jeff Bezos
"No customer was asking for Echo. This was definitely us wandering. Market research doesn’t help."
―
Jeff Bezos
"Good inventors and designers deeply understand their customer. They spend tremendous energy developing that intuition. They study and understand many anecdotes rather than only the averages you’ll find on surveys. They live with the design."
―
Jeff Bezos
"The supreme commandment of the rich is 'Invest! The supreme commandment of the rest of us is 'Buy!"
―
Yuval Noah Harari
"A rich man is one who isn't afraid to ask the salesperson to show him something cheaper"
―
Milton Berle
"People don’t want to buy a quarter-inch drill. They want a quarter-inch hole."
―
Peter Thiel
"A lot of the time people don’t even know what they want until they see something new"
―
Katy Perry