MANAGEMENT

Detailed explanation-1: -Food and drink: wine shoppers will often go for the bottle that appears well depleted on the shelf because surely this signifies that this brand has been a popular purchase? Ultimately, shoppers are persuaded into purchasing because other shoppers have purchased before them.

Detailed explanation-2: -The bandwagon effect is a psychological phenomenon in which people do something primarily because other people are doing it, regardless of their own beliefs, which they may ignore or override. This tendency of people to align their beliefs and behaviors with those of a group is also called a herd mentality.

Detailed explanation-3: -The bandwagon effect is a cognitive behavior influenced by public opinion, where consumers adopt styles or attitudes displayed by others, often subconsciously. This phenomenon can affect how people speak, where they spend time, who they vote for and what they buy.

Detailed explanation-4: -One example of the bandwagon effect is that when people see a comment on social media that received a lot of likes or upvotes, they become more likely to upvote it themself.