This is often called Artificial waiting, and is one reason why fancy restaurants will have open kitchens.
Or for a more abstract example, why do people think the Egyptian pyramids are impressive? Because it took a lot of effort (and skill).
Conversion rates
- A greater perception of value can improve conversion rates.
Perception of value
- This is the foundation of this principle. People usually associate more value to something that they knew took a lot of effort.
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