Invest Like the Best with Patrick O'Shaughnessy cover image

Invest Like the Best with Patrick O'Shaughnessy

Rory Sutherland – Moonshots and Marketing - [Invest Like the Best, EP.191]

Sep 15, 2020
49:24

Podcast summary created with Snipd AI

Quick takeaways

  • Focusing on the psychological value and emotional impact of a product or service can lead to greater success and customer loyalty.
  • Specialization and reputation in business can command higher prices, build trust, and attract loyal customers.

Deep dives

The Power of Psychological Value and Framing

In this podcast episode, Rorie Sutherland, Vice Chairman of Ogilvy & Mather Group, discusses the importance of psychological value and framing in business. He argues that focusing on how a product or service makes people feel, rather than just its functionality, can lead to greater success. He gives examples such as Apple's emphasis on user experience, the psychological value of a dishwasher being to hide dirty dishes, and the success of psychological moonshots like Uber and Dyson. By understanding and leveraging psychological insights, businesses can create unique and impactful offerings.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode