Will people pay more for peace of mind than for products?
The most valuable products may become emotions disguised as services.
Insurance sells calm.\n\nNavigation sells certainty.\n\nLuxury sells confidence.\n\nThe hidden mechanism is emotional economics.\n\nHumans buy feelings as often as objects.\n\nPeace of mind removes invisible costs.\n\nThat makes it valuable.\n\nPeople think they purchase products.\n\nVery often, they purchase emotions with receipts.
