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I spend 18 hours each week turning marketing psychology into readable newsletters.
The Mere Exposure Effect Read online Loyal fans of Nudge will have heard me talk about the mere exposure effect. In 1969, psychologist Robert Zajoncยน found that students rated unfamiliar Turkish words more favourably when they had seen them more often. It's not a revolutionary finding. We prefer things we're familiar with. And many great inventors knew this instinctively. Edison and the electric light bulb Thomas Edison understood that while the lightbulb was revolutionary, new inventions...
Specific Goals > Unspecific Goals Read online Unspecific goals don't work. Psychologistsยน Locke and Latham proved it. In 1975, the two researchers set up a real-world experiment at a logging company. Drivers were only loading trucks to 60% capacity. For the control, all staff members were given an unspecific goal: Unspecific goal = โDo your best.โ Performance did not increase. The researchers then asked staff what a hard but fair goal would be. They said 94%. That became their new specific...
Differential Price Framing Read online Want people to go premium? Donโt show them the full price. Show them the difference. Thatโs the idea behind differential price framing. In 2019, David Hardistyยน at UBC tested it with New York Times subscriptions. Group A saw this: โ $9.99/month for web + app โ $16.99/month for web, app, print, podcast, crossword Group B saw this: โ $9.99/month for web + app โ +$7/month for all the extras Same total price. Different framing. But in Group B, twice as many...