AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Unpacking Behavioral Economics Through Primary Sources
This chapter explores the importance of primary source documents in understanding behavioral economics and highlights the potential losses in context when information is simplified. It examines historical advertisements as insights into consumer behavior and trends, emphasizing the significance of analyzing these materials to avoid biases in decision-making.
In this episode of The Brainy Business podcast, Melina Palmer welcomes Jason Voiovich, author of Booze, Babe, and the Little Black Dress, for a fascinating discussion about the consumer revolution of the 1920s. Jason, with over 25 years of experience in launching innovative products, shares his insights into how the Roaring Twenties shaped modern consumer behavior and choice culture.
Jason discusses his journey from a family of artists, immigrants, and entrepreneurs to becoming a fractional chief marketing officer and chief innovation officer. He emphasizes the importance of history in understanding consumer behavior and innovation, revealing how lessons from the past can inform present-day business strategies. The conversation explores the pivotal innovations of the 1920s, highlighting how mass production, mass marketing, and mass finance converged to create a culture of choice.
In this episode:
00:00:00 - Introduction Melina Palmer introduces Jason Voiovich and his book Booze, Babe, and the Little Black Dress.
00:03:15 - Jason's Background Jason shares his journey and the influence of his family's entrepreneurial spirit on his career.
00:08:30 - The Importance of History Jason discusses how historical insights can inform innovation and consumer behavior.
00:15:45 - Innovations of the 1920s The conversation explores key innovations of the 1920s, including GM's model year changes and product ladder.
00:22:00 - Role of Advertising Jason explains how advertising serves as a primary source for understanding consumer behavior.
00:29:15 - Radio and Attention Management The impact of radio on consumer choice and attention management is discussed.
00:35:42 - Identity and Social Proof Jason delves into the psychological aspects of identity and social proof in consumer culture.
00:47:05 - Conclusion, What stuck with you while listening to the episode? What are you going to try? Come share it with Melina on social media -- you'll find her as @thebrainybiz everywhere and as Melina Palmer on LinkedIn.
Thanks for listening. Don’t forget to subscribe on Apple Podcasts or Android. If you like what you heard, please leave a review on iTunes and share what you liked about the show.
I hope you love everything recommended via The Brainy Business! Everything was independently reviewed and selected by me, Melina Palmer. So you know, as an Amazon Associate I earn from qualifying purchases. That means if you decide to shop from the links on this page (via Amazon or others), The Brainy Business may collect a share of sales or other compensation.Let’s connect:
Connect with Jason:
Learn and Support The Brainy Business:
Check out and get your copies of Melina’s Books.
Get the Books Mentioned on (or related to) this Episode:
Top Recommended Next Episode: Roger Hurni Interview (ep 405)
Already Heard That One? Try These:
Other Important Links:
Brainy Bites - Melina’s LinkedIn Newsletter
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode