How William Poundstone's book Priceless turns anchoring, relativity and fairness into pricing power

How William Poundstone's book Priceless turns anchoring, relativity and fairness into pricing power

MichaelAaron and Richard revisit William Poundstone's Priceless to unpack why price feels relative, not absolute. They cover anchoring in courtroom and Williams-Sonoma pricing, why a $5 saving matters more on a $15 item than a $125 one, and how visible costs and higher prices signal quality and fairness to buyers.

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Jaksot(137)

Writing for Busy Readers: how Todd Rogers and Jessica Lasky-Fink explain the curse of knowledge

Writing for Busy Readers: how Todd Rogers and Jessica Lasky-Fink explain the curse of knowledge

MichaelAaron and Richard unpack Writing for Busy Readers by Todd Rogers and Jessica Lasky-Fink: six evidence-backed principles for readers who skim rather than read. Why a 49-word email beat a 127-wor...

16 Syys 45min

How Charles Spence's book Gastrophysics translates sound, shape and weight into pricing power

How Charles Spence's book Gastrophysics translates sound, shape and weight into pricing power

Charles Spence's book Gastrophysics argues that taste is built by every sense, not just the tongue. MichaelAaron and Richard work through the evidence: classical music lifting restaurant spend 10%, he...

9 Syys 45min

Interview: Andy Nairn, author of Go Luck Yourself, on why brand archeology beats originality.

Interview: Andy Nairn, author of Go Luck Yourself, on why brand archeology beats originality.

Guinness made you wait, Avis was second, VW was small. Andy Nairn and Richard unpack why owning a flaw beats hiding one, and how the same instinct led Lucky Generals to raise its own size in pitches b...

2 Syys 58min

How charities can use anchoring, reciprocity, and overhead framing to boost donations

How charities can use anchoring, reciprocity, and overhead framing to boost donations

MichaelAaron and Richard explore why charity donations are especially resistant to typical marketing tactics. They unpack behavioral studies on anchoring, present preference bias, reciprocity, and ove...

26 Elo 51min

Interview: Rami Dudin, head of strategy at Courage, on why the most obvious message beats the most novel one

Interview: Rami Dudin, head of strategy at Courage, on why the most obvious message beats the most novel one

Courage strategist Rami Dudin joins MichaelAaron and Richard to discuss why distinctive often beats different, using SickKids' $1.3 billion fundraising turnaround, CIBC's no-fee campaign, and neobank ...

19 Elo 55min

How small changes to choice design can help pharma brands drive better prescribing outcomes

How small changes to choice design can help pharma brands drive better prescribing outcomes

MichaelAaron and Richard explore why half of chronic-illness patients skip their medication, and why scaring them into compliance backfires. They cover a study on avoiding bad medical news, a simple d...

12 Elo 45min

Interview: Michael Norton, Harvard Business School professor and author of The Ritual Effect, on how brands turn ordinary consumption into rituals that build emotional connection

Interview: Michael Norton, Harvard Business School professor and author of The Ritual Effect, on how brands turn ordinary consumption into rituals that build emotional connection

Harvard professor Michael Norton, author of The Ritual Effect, joins MichaelAaron and Richard to explore why identical actions feel meaningful to one person and trivial to another. They cover how Oreo...

5 Elo 50min

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