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February 15, 2024

Behavioral Economics: How Understanding the Brain Can Build Your Business

Do you want to increase your conversions? Wondering how to leverage behavioral science to improve your results? Explore how understanding the brain can help your business. 🔔 Subscribe for More Marketing Insights – https://www.youtube.com/channel/UCS3lFRhXKfCZ8FvRqPjy9NA?sub_confirmation=1 👁️‍🗨️ About Melina Palmer
– Website https://thebrainybusiness.com/
– Podcast https://thebrainybusiness.com/podcast/
– Books https://thebrainybusiness.com/books/
– Free Book Chapters https://thebrainybusiness.com/sme
– Facebook https://www.facebook.com/thebrainybiz
– Instagram https://www.instagram.com/thebrainybiz/
– LinkedIn https://www.linkedin.com/in/melina-palmer-36ab8712/
– Twitter https://twitter.com/thebrainybiz
– YouTube https://www.youtube.com/channel/UCV87m0CDiU3X7yMMC-Ixwdg 🔗 Other Notes From This Episode
– Find other products, tools, and resources mentioned in this episode https://www.socialmediaexaminer.com/behavioral-economics-how-understanding-the-brain-can-build-your-business
– Connect with Michael Stelzner (@Stelzner) on Instagram https://www.instagram.com/stelzner/ ⏰ Timestamps
00:00 Intro
01:11 About Melina Palmer 09:05 Defining Behavioral Economics and Why it Matter to Marketers
14:50 Behavioral Economics Concept 1: Framing Effects 25:09 Behavioral Economics Concept 2: Priming the Consumer 34:47 Behavioral Economics Concept 3: Anchoring With Numbers
40:27 Behavioral Economics Concept 4: Relativity and Price Perceptions #SocialMediaExaminer #SocialMediaMarketingPodcast #BehavioralEconomics

Source https://www.youtube.com/watch?v=DAuBcvV_oEA

About Social Media Examiner -> The world’s largest social media marketing resource, Social Media Examiner® helps millions of businesses discover how to best use social media to connect with customers, drive traffic, generate awareness, and increase sales. We believe smart marketing helps any business compete with the largest players in their industry. Our mission is to help you navigate the constantly changing social media jungle. Here you’ll find social media marketing advice direct from the world’s leading experts. Check out our popular Social Media Marketing podcast and our website read by millions of people monthly.

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