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6 Psychology Studies With Marketing Implications PDF

10 Pages·2015·English
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by ['Sergio David Monroy Acosta']| 2015| 10 pages| English

About 6 Psychology Studies With Marketing Implications

This document summarizes 6 landmark psychology experiments and their implications for marketing. It discusses experiments on reciprocity, compliance, framing, loss aversion, and mere exposure. The reciprocity experiment showed that people are more likely to comply with a request if you first give them something. The compliance experiment demonstrated the "foot-in-the-door" technique where small initial commitments lead to greater compliance. The framing experiment revealed how wording and context can influence decisions. Loss aversion studies found people dislike parting with money more than gaining it. Mere exposure indicated familiarity can increase liking. Overall, the studies provide insights into human behavior and how to effectively influence it through marketing.

Detailed Information

Author:['Sergio David Monroy Acosta']
Publication Year:2015
Pages:10
Language:English
Format:PDF
Price:FREE
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