Would be interesting to see how these would work OR would they work when the customer is looking to buy high end luxury items where brand value and social status signalling plays a major part. Video however is 10/10 as always. 🎉
Almost none of it is replicable. I tried the Cialdini “salad and Vespa “ on the menu with my e-commerce business. Didn’t move the needle. Happy to come on your pod and talk about it if you want.
I’d like to do a study for expensive top products like Rolex watches. Using your data base of customers who bought a watch in the last year (for example), u haven’t give it much thought yet) but invite them for one day and giving them the chance to buy a watch and they establish the price. I don’t think someone would pay a higher price than the actual one, but what would they chose to pay even having the possibility to take a watch away for one dollar.
Which is a stronger effect: the Number Line effect or the Subtraction principle?? Do we benefit more from having the larger number on the left (Subtraction principle) or the right (Number Line effect)??
this is like a text book on bad science. fascinating really. can you really not see any problems with most claims here? or is this a paid ad for Kolenda?
Original title: How To Con Your Customer (legally)
Reshape the problem 😂
Thank you for the wrap up at the end. It really helps to refocus on the points.
Your video upload getting whole new level and straight to the point! 🎉🏆
Incredibly valuable podcast. Thank You:) Some research surprises me.
13:26 this color in the mind with time🎉! Didnt learn that in art school. Thx for sharing!!
I love this podcast. Great work👌
Would be interesting to see how these would work OR would they work when the customer is looking to buy high end luxury items where brand value and social status signalling plays a major part.
Video however is 10/10 as always. 🎉
Almost none of it is replicable. I tried the Cialdini “salad and Vespa “ on the menu with my e-commerce business. Didn’t move the needle. Happy to come on your pod and talk about it if you want.
I’d like to do a study for expensive top products like Rolex watches. Using your data base of customers who bought a watch in the last year (for example), u haven’t give it much thought yet) but invite them for one day and giving them the chance to buy a watch and they establish the price.
I don’t think someone would pay a higher price than the actual one, but what would they chose to pay even having the possibility to take a watch away for one dollar.
Which is a stronger effect: the Number Line effect or the Subtraction principle?? Do we benefit more from having the larger number on the left (Subtraction principle) or the right (Number Line effect)??
this is like a text book on bad science. fascinating really. can you really not see any problems with most claims here? or is this a paid ad for Kolenda?
This is human psychology, it's not supposed to make sense 😂