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402 Using Behavioral Science in Marketing by Nancy Harhut

The Marketing Book Podcast

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What Are Some of the Answers You Get?

Nancy: The word that I always come back to is is the word get. She says it's one of the most counterintuitive ways to get things well there's something called the reciprocity principle and another way of explaining it is give to get so basically what behavioral scientists have found is humans are hardwired to answer in kind what someone has done for them but we don't like to owe people, she says. Nancy: We actually had a client that we did some work for who wanted to target their financial advisors who had stopped selling their funds about a year or more ago. They ended up getting 68 million in incremental revenue based on that campaign and you got a big cut of that action

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