Neuromarketing Hub - The Brain in Business
In this episode of the Neuromarketing Hub Podcast, Karolina Albanowska explains the Decoy Effect, a powerful neuromarketing strategy used by companies to influence customer decisions. Why do people often choose a more expensive option when a third alternative appears? You will learn: * what the Decoy Effect is and how it works in the brain * why our brain prefers comparisons when making decisions * a famous experiment with The Economist subscription model * how businesses use this strategy in pricing, restaurants, supermarkets and SaaS products * how to apply this technique ethically in your own business If you want to understand what really happens in a customer’s brain before they buy, this episode will show you how small changes in the offer can strongly influence decisions. You're listening to Neuromarketing Hub - The Brain in Business, where neuroscience meets marketing, consumer behavior and AI. Hosted by Karolina Albanowska. Follow the show to learn how the brain shapes decisions, brands and business.
2 episodes
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