

Jen Clinehens - The Power of Consumer Psychology: What Top Global Brands Do Differently
May 11, 2023
Learn about the psychology principles that Costco gets right as a brand. Explore the effectiveness of different customer onboarding approaches. Discover the Pratfall effect and how it can enhance brand likability. Understand how brands like Apple and KFC have used this effect. Delve into the concept of artificial scarcity and its impact on consumer behavior. Find out how Nike induces a sense of scarcity. Learn about the distilled version of Cialdini's 7 Principles of Persuasion and how to apply them in practice.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 2min
A Journey from Atlanta to England and Global Client Work
01:34 • 3min
The Psychology Behind Costco's Success
04:15 • 13min
The Pratfall Effect: Embracing Mistakes to Build Likability
17:27 • 13min
Exploring Artificial Scarcity and Consumer Behavior
30:49 • 17min
Creating a Behavioral Policy Statement for Financial Advisors and Clients
47:34 • 3min