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The speaker expresses a feeling of dissatisfaction, describing something as cheap.

What is the initial reaction discussed in the video regarding perceived value?

• It felt ordinary.

• It felt luxurious.

• It felt cheap.

• It felt expensive.

Why might something be perceived as cheap according to the discussion?

• Due to high quality materials.

• Because of its high price.

• Due to its exclusivity.

• Because of its low perceived value.

What is one implication of something feeling cheap?

• It boosts sales significantly.

• It may lead to a negative perception.

• It enhances brand reputation.

• It increases customer satisfaction.

How does perceived value affect consumer behavior?

• It guarantees customer loyalty.

• It always leads to higher sales.

• It can influence purchasing decisions.

• It has no effect.

What is a potential outcome of a product being perceived as cheap?

• Higher customer retention.

• Decreased brand loyalty.

• Increased market share.

• Improved product quality.