Marketing and psychology are closely related. If psychology is the
systematic study of human behavior, then marketing is the systematic study of human behavior in the marketplace.
Good-looking people, for example, tend to be perceived as more intelligent, more successful and more popular. Thats the halo effect in psychology. The halo effect also works in marketing. Example :- What key product is behind the phenomenal success of Apple Computer is the iPod. -Apples net profit margin increased from 3.3 percent to 9.6 percent, an astonishing jump.
-Apples computer and related businesses were up 27 percent in 2005 over the previous year.
-And, according to industry reports, Apple increased its share of the personal computer market from 3 to 4 percent. Thats the halo effect in marketing.