Why these irrational prices actually work
Nudge4 Maalis 2024

Why these irrational prices actually work

Every year $342 billion is spent on bottled water. And yet, for many of those customers a safer version, that tastes the same, is 300x cheaper. Our collective thirst for bottled water is largely irrational. It doesn’t make sense. But so, it seems, are the pricing strategies of several major brands, from fashion, to food, to flights, irrational prices often trump rational approaches. Today, Melina Palmer, host of the Brainy Business, explains why irrational prices surprisingly sell. Melina’s podcast: https://thebrainybusiness.com/ Melina’s book (with free chapters): https://thebrainybusiness.com/nudge Fiji ad: https://tinyurl.com/yufdwdj9 Cleveland Utilities Response: https://tinyurl.com/4hhh45wj

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17½ persuasion tactics in 28 minutes

17½ persuasion tactics in 28 minutes

This is one of my favourite interviews of the year. Listen, and you’ll learn why you should go last in a job interview, why you should pay incentives out in regular but smaller sums, and how you shoul...

9 Joulu 202428min

I watched 300 TV ads: Here’s how they nudge you

I watched 300 TV ads: Here’s how they nudge you

I spent four hours watching 300 ads back to back.  Today, I reveal how they use psychological principles to persuade you.  Subscribe to the (free) Nudge Newsletter: https://nudge.ck.page/profile

2 Joulu 202446min

The Psychology Behind a Perfect (SaaS) Website

The Psychology Behind a Perfect (SaaS) Website

The world’s best websites follow psychology-backed rules. Today’s guest, Thomas McKinlay, has read over 500 scientific marketing papers to figure out how to create a perfect website. On this episode o...

25 Marras 202422min

Can I create a viral YouTube video?

Can I create a viral YouTube video?

In today’s episode, I use a marketing psychology principle to try to go viral on YouTube. Did it work? Listen to find out.  Effortful YouTube video: https://youtu.be/L6ueaBYDop8?si=5kHrlW66Fdzk6yTb ...

18 Marras 202428min

I shrunk Britain’s #1 bread. Did anyone notice?

I shrunk Britain’s #1 bread. Did anyone notice?

I shrunk Britain’s favourite bread and showed it to a dozen Brits from Bolton. I was experimenting with shrinkflation. Companies shrink the size of their products without changing the price, benefitin...

11 Marras 202422min

Can I persuade 20 strangers to listen to Nudge?

Can I persuade 20 strangers to listen to Nudge?

Today, I try to persuade 20 total strangers to listen to Nudge. To help, I’ve asked Brain Ahearn for advice. Brian’s Tedx talk on pre-suasion has been viewed by over 1 million people. He teaches tacti...

4 Marras 202431min

Lessons from the longest study on human happiness

Lessons from the longest study on human happiness

What makes us happy? This question generates wildly different answers. I asked four Nudge listeners and got four different answers. Being the behavioural science nerd I am, I’ve always wondered if the...

28 Loka 202432min

Is the “godfather of influence” still relevant?

Is the “godfather of influence” still relevant?

Robert Cialdini is known to most as the godfather of influence. But is his 40-year-old book still relevant? Today, with Bas Wouters, best-selling author and CEO of the Cialdini Influence, we debate wh...

21 Loka 202439min

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