
Summer holidays: using nostalgia to increase willingness to pay
Behavioral Science For Brands: Leveraging behavioral science in brand marketing.
00:00
Embracing Flaws to Build Trust
This chapter explores the 'stolen thunder' concept, demonstrating how acknowledging product flaws can enhance brand credibility and customer trust. Through examples from well-known brands, it emphasizes the importance of integrating behavioral science into marketing strategies to foster a positive consumer perception. The discussion also highlights effective pricing strategies and their impact on customer expectations, advocating for transparency and authenticity in brand communications.
Transcript
Play full episode