Herd Mentality

What is Herd Mentality?


1.

A sales, marketing, and business term describing why customers buy products or services because their friends, colleagues, neighbors, and family bought those same products and services previously. Also applies to a buyer's selection of a supplier or sales person to provide products and services to them.

Five years ago, our home had the only swimming pool on Apple Street. Now, thanks to herd mentality, over half the homes on Apple Street have a swimming pool.

See selling, business, marketing

2.

The inability or refusal to listen to one's own instinct or 'gut feeling' but to instead follow the majority for fear of being wrong, ostracized or ridiculed.

If a herd of animals were haded for a cliff, for the sake of a herd mentality, I doubt one would veer off or stop to save its own life.

See group, thought, instinct, common sense, virtue


71

Random Words:

1. A spomo is a hybird of a spacker and a homo as defined above, but normally only in the realms of a person called Marc whose name ends wi..
1. The Zeta Psi Fraternity of North America (ΖΨ) was founded June 1, 1847 as a social college fraternity. The organization now comprises ab..
1. One whom exudes a Pirate like Qualities; one who posses a Likeness to Pirates. Dressing up as a Pirate for Annual celebrations such as ..