I don’t know how I missed this – it’s over a year old now – but just in case you did too, I thought I’d highlight it. The video below is a talk the advertising industry veteran Rory Sutherland delivered at TED Global in 2009.
In it, he argues that advertising adds value to a product by changing our perception, rather than the product itself. He makes the assertion – which I wholeheartedly agree with – that a change in perceived value can be just as satisfying as what we consider real value — and his conclusion has interesting consequences for how we look at life.