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Consumer behavior Quotes

"Consumption is the sole end and purpose of all production"

"A lot of the time people don’t even know what they want until they see something new"

"People don’t want to buy a quarter-inch drill. They want a quarter-inch hole."

"I don't believe that the public knows what it wants; this is the conclusion that I have drawn from my career."

"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."

"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"

"A counterintuitive truth is that the more choices we have, the less happy we become."

"No one ever went broke underestimating the taste of the American public"

"The supreme commandment of the rich is 'Invest! The supreme commandment of the rest of us is 'Buy!"

"Nobody wants to buy a $60,000 electric Civic. But people will pay $90,000 for an electric sports car."

"A rich man is one who isn't afraid to ask the salesperson to show him something cheaper"

"No customer was asking for Echo. This was definitely us wandering. Market research doesn’t help."