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Irrational-The Digital Psychology and NeuroMarketing Webinar

DC
September 24, 2020

Irrational-The Digital Psychology and NeuroMarketing Webinar

In this webinar we talk about the irrational customer and talk about the various ways we try to influence them.

DC

September 24, 2020
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Transcript

  1. Tell me where you are dialing from! How is the

    weather right now in your city?
  2. Digital Psychology, Persuasion & NeuroMarketing Bootcamp 4 weekends (10 hrs)

    at the cutting edge of marketing Neil Montes ex Data Commune, SAS Institute, PayPal & more Increase sales with the
  3. How do you compete? Tastes like crap (as per blind

    tests) 5 times pricier Has a weird name
  4. How do you compete? Tastes like crap (as per blind

    tests) 5 times pricier Has a weird name
  5. It does give you wings. More adventurous, risk taking and

    more sexually active. Blind tests show
  6. Psychology Neuroscience Marketing rewards incentives emotional response trust connection design

    (or ux) features benefits usp dopamine/cortisol hormones fight/flight reaction? reward triggers
  7. The priciples of the human brain are at the very

    core of every business model At least every disruption
  8. Brain Stem (Old Brain) Controls a lot of automatic functions,

    („autopilot“), breathing, blood pressure, heart beat, motor control, etc
  9. Cerebellum (Little Brain) Motor Control, automatic behavior, 200 x more

    powerful nerve connection System 1 according to Daniel Kahneman
  10. Limbic System (Mid Brain) Emotion, Motivation, Behavior, Drive, Addiction, produces

    endorphines Thalamus, Hypothalamus, Corpus callosum, Amygdala, etc System 1 according to Daniel Kahneman
  11. Cerebral Cortex (New Brain) Needs most of the energy, Perception,

    cognition, thought, language, real calculation and doing the math only 2-5 mm (1/4“) of the brain surface System 2 - according to Daniel Kahneman
  12. Duolingo uses its cartoon mascot to encourage users throughout the

    learning process. Here the app congratulates users for answering 10 questions correctly.
  13. Digital Psychology, Persuasion & NeuroMarketing Bootcamp 4 weekends (10 hrs)

    at the cutting edge of marketing Neil Montes ex Data Commune, SAS Institute, PayPal & more Increase sales with the
  14. IN SEPTEMBER 2007, 75 students walked into a classroom at

    Stanford. Ten weeks later, they had collectively amassed 16 million users, $1 million dollars in advertising revenue, and a formula that would captivate a generation.
  15. Nir Eyal, the bestselling author of the book, hooked Ed

    Baker, head of growth at both Facebook and Uber Kevin Systrom and Mike Krieger, founders of Instagram Tristan Harris, Google design leader
  16. B=MAP Low High Hard to do Easy to do Ability

    Motivation Action happens here
  17. B=MAP Low High Hard to do Easy to do Ability

    Motivation Action happens here Action doesn't happen here
  18. B=MAP Low High Hard to do Easy to do Ability

    Motivation 1 Buying a new product
  19. B=MAP Low High Hard to do Easy to do Ability

    Motivation 1 2 3 4 5 Buying it regularly
  20. Pain of paying Offer free trials Have a clearly displayed

    refund policy Offer free returns Ask for card details at the end of billing information Avoid currency symbols (or reduce the font size) Provide reassurance by displaying trust symbols
  21. Digital Psychology, Persuasion & NeuroMarketing Bootcamp 4 weekends (10 hrs)

    at the cutting edge of marketing Neil Montes ex Data Commune, SAS Institute, PayPal & more Increase sales with the