M s r ps are anchor devices. When our brains are having trouble adding some form of value to something, especially monetary value, an anchor is going the first thing a brain thinks about. The case study that was so telling about this, and again, just goes back to, you are not that smart, is j c penny. J c penny poached a one of the the retail cheefes from, right? And the j c penny e is known rits. It's an american brand, but they're known for always being on sale. I think it was over 95 % of their revenue comes from sale adams. What does that tell you? Stuff is always on
In this episode, neuromarketing experts Prince Ghuman and Matt Johnson discuss the many strange examples from their book, Blindsight, in an effort to make us all smarter consumers, empowered to make better decisions after touring a showcase of all the less-obvious ways marketing, advertising, venues, restaurants, shopping malls, casinos, social media companies, and more, knowingly use neuroscience and psychology to affect our behavior.
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