Hey Reader, Brands make you spend more money simply by doing this one thing. As you keep reading, you'll find out... Have you ever noticed how most successful brands offer only three options?
But why three? Why not two or four? Studies show that when people are given too many choices, only about 3% make a purchase. First, it simplifies the decision-making process. People tend to avoid decisions that seem too complex. Second, it allows brands to use a psychological strategy known as the “decoy effect” Neuro-marketing studies reveal that humans tend to make decisions not in isolation, but by comparing the surrounding options. When a middle option is introduced, which is slightly less attractive (either in value or price), it nudges the customer toward selecting the higher-priced option. In the above example, for just $200 more, you get the top-tier model of the MacBook, making it feel like the best deal. Brands design their pricing and products around this bias to guide you toward what they want you to buy. Imagine how powerful it would be if you understood all these hidden triggers - and used them to drive more sales. That’s exactly what my upcoming ebook is all about. It will give you all the actionable steps to leverage these psychological biases to your advantage. That's not fake ScARciTy - I literally have the discount code to become invalid after 30 uses. If you haven't already, sign up for the waiting list here. I'll share more details about the chapters, launch date, etc., so make sure to keep an eye on your inbox. Talk soon, |
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Hey Reader, A study was conducted where people were made to choose between 2 hotel rooms. They were priced the same, but one offered free coffee in the morning and the other didn't. Without a second thought, most people picked the room with the free coffee without even exploring the quality of the rooms. Another study found that when a budget hotel added free breakfast, its booking preference jumped to 46%, even though travelers had previously favored more prestigious hotels. The free...
Hey Reader, Have you ever noticed why banks and financial companies love the color blue? Almost all of them use blue in their marketing, be it PayPal, Citibank, Chase, or American Express. Banking and Financial Institutions love Blue Why is blue the go-to color for nearly all banks and financial institutions? Why not red, green, or even yellow? It’s no coincidence or random accident that these companies consistently choose blue. These are calculated decisions deeply rooted in psychology. You...