Summary

  • Harvard Business School studied what they called “The IKEA Effect” in 2012, where they looked at how involving a customer in the construction process of a product increased their emotional attachment to it.
  • This is because, regardless of DIY experience, consumers feel their self-made product rivals that of experts.
  • This can be used by startups and product makers to lessen the costs of labour while increasing a bond with the consumer by allowing them a role in the construction, thus improving the customer experience.
  • It is critical that clear and successful instructions are provided to ensure a positive experience for the end user, which will translate into a positive perception of the product.
  • Inventors and makers should steer away from offers of inexpensive patents and focus on the experience they want to offer their customers.

By Navarre Bartz

Original Article