Psychology
Rounded prices get more offers from buyers
Science Says
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You’re looking to rent a venue for your next launch event, and have come across two initial quotes, of which you’re expecting to negotiate down: Conference Hall A costing $20,000 for the day, Exhibiti...
Bye-now effect
Why We Buy
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Imagine this… It’s a slow Sunday morning. You’re sipping your French roast coffee on the couch while scrolling through a lifestyle blog post. You’re reading about the blogger’s trip to Italy, silently...
Discount coupons: when to give % off vs $ amount off
Science Says
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Use % off (e.g. 20% off) when your promotion is store-wide. Use $ off (e.g. $15 off) when your promotion is specific to one product. Sales were up to 42% higher. You’re about to launch your large annu...
Satisficing: Why customers choose the least risky instead of the best
Frontera
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In the 1970s, IBM was under attack from all sides. They were the leaders in the business computers market. And IBM System/360 computers were the iPhone of the 60s. But just like any new technology, th...
How marketers can unlock serendipity in product experiences
Neuroscience Of
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Serendipity may feel like an odd emotion to think about in the context of marketing. It’s a special emotion. As we’ve seen, these rare chance encounters can sweep us off our feet; the origin stories o...