The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics cover image

304. Decoding Group Identity: Insights for Business Leaders with Dominic Packer (Refreshed Episode)

The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

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The Power of Social Proof

There's multiple reasons why the sort of social proof for the effects occur. We look to other people just to figure out what is a sensible thing to do. The norms of those groups become a way by which we express those identities. By acting like one of us, we are expressing to the world or signaling to the world that we hold this identity and that we care about it.

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