http://www.ted.com/talks/rory_sutherland_life_lessons_from_an_ad_man.html
Hey class,
This is a great Ted talk by a "ad guy" Rory Sutherland that speaks on perception and the power of perceived value versus real value. I think he is funny and worth taking 16 minutes to watch but the following time markers address class topics:
2:13 - Talks of placebos and the concept of "placebo education"
3:13 - A historical account of how perceptions of potatoes changed market demand
6:44 - Perceived value trumps material value of jewelry
11:55 to 14:20 - A couple great video advertisments about a campaign that was based on pure perception and humor.
Enjoy!
Rob
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