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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

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