Labor Illusion
A phenomenon where users perceive greater value in a service or product if they believe more effort was involved in its creation or delivery.
A phenomenon where users perceive greater value in a service or product if they believe more effort was involved in its creation or delivery.
A high-level description of a system's structure and interactions, focusing on its market-facing aspects rather than technical details.
The strategy of placing a brand in the market to occupy a distinct and valued place in the minds of the target audience.
A cognitive bias where people give greater weight to outcomes that are certain compared to those that are merely probable.
A cognitive bias where people are less likely to spend large denominations of money compared to an equivalent amount in smaller denominations.
A brand that is part of a larger brand family, often having its own distinct identity while being related to the parent brand.
Numeronym for the word "Personalization" (P + 13 letters + N), tailoring a product, service, or experience to meet the individual preferences, needs, or behaviors of each user.
An Agile project management framework that uses iterative cycles, called sprints, to deliver incremental improvements and adapt to changing requirements.
A time-boxed period in which Agile teams deliver incremental value in the form of working, tested software and systems.