FranklinCovey On Leadership with Scott Miller cover image

FranklinCovey On Leadership with Scott Miller

Melina Palmer: The Truth About Pricing

Apr 30, 2024
Guest Melina Palmer, known for her Brainy Business Podcast, discusses the psychology of pricing tactics, consumer behavior, and decision-making. Key topics include leveraging behavioral economics, decoding pricing strategies, setting confident pricing, and applying behavioral economics to business scenarios.
44:15

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Understand consumer psychology to price products effectively.
  • Utilize subconscious influences for tailored messaging and enhanced customer engagement.

Deep dives

Understanding Behavioral Economics and Human Behavior

Behavioral economist Melina Palmer delves into the realm of behavioral economics, focusing on the applied side of understanding human behavior and decision-making. By comprehending how individuals make decisions and what influences their choices, businesses can tailor their strategies to better engage customers and employees, fostering more effective communication and decision-making processes.

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