Matt Johnson's Blog, page 9

January 31, 2023

How Does Happenstance Influence Consumer Psychology?

a consumer's chance encounter with chocolate

Key points about this research on happenstance and consumer psychology:

Marketers should pay close attention to the broader context that encircles a consumer's experience with a product. In particular, consumers tend to enjoy happenstance with products: a ...

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Published on January 31, 2023 06:33

January 30, 2023

How Mementos Influence Consumer Psychology

psychological ownership through a picture

Key points about this research on mementos and psychological ownership:

Mementos are an underappreciated area of consumer psychology. The results carry a number of direct implications for both marketers and consumers

Many industries, such as second-hand c...

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Published on January 30, 2023 12:50

January 25, 2023

Exceeding Consumer Expectations with The Psychology of Randomness

throwing a big die - a symbol for randomness

Key points for exceeding consumer expectations with the psychology of randomness:

When we can have anything, we still want what we can’t expect. Randomness holds a special power in human psychology

This shows up for consumers in different ways: consumers of...

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Published on January 25, 2023 13:40

January 24, 2023

How Social Identity Impacts Consumer Preferences Towards Physical Products

listening to hip hop

Key points about this research on social identity and consumer preferences:

Despite the digital revolution, there are still instances in which the physical version of a product is preferred. 

This research suggests that when the product is linked with the c...

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Published on January 24, 2023 18:35

January 14, 2023

How The Neuroscience of Pain and Pleasure Influences Consumer Psychology

Key points for influencing consumer psychology with the neuroscience of pain:

Consumer behavior is complex, but it ultimately comes down to two motivational drives: pleasure and pain

Neuroscience research, using fMRI, finds that these two variables are cruc...

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Published on January 14, 2023 11:23

How to Drive Consumer Behavior Using The Psychology of Memory

A photographic memory of a young person. A symbol for memory desgn

Key points for driving consumer behavior with the psychology of memory:

Not all experiences are equally likely to be remembered. By designing for memory, marketers can optimize experiences for later recall

Capturing and maintaining attention is crucial, in ...

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Published on January 14, 2023 10:00

January 13, 2023

Driving Consumer Behavior with The (Unintutive) Psychology of Incentives

Key points for applying the psychology of incentives to marketing:

The Cobra Effect teaches us that, while incentives can be powerful, they can easily backfire if not understood correctly

In marketing, the power of variable reward is critical, as it can hav...

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Published on January 13, 2023 13:54

Why Marketers Need to Understand The Psychology of Incentives

Key points for applying the psychology of incentives to marketing:

The Cobra Effect teaches us that, while incentives can be powerful, they can easily backfire if not understood correctly

In marketing, the power of variable reward is critical, as it can hav...

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Published on January 13, 2023 13:54

What Christmas Ads Teach us about the Neuroscience of Brand Associations

A family of 3 decorating the Christmas Tree

Key points for how to build a Christmas brand using the neuroscience of associations:

Brand building ultimately comes down to how the brain learns associations, and develops basic categories of knowledge

Brands like Coke and John Lewis have successfully har...

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Published on January 13, 2023 12:34

January 12, 2023

The Neuroscience of Branding

A person in a jacket amidst smoke; a metaphor for the neuroscience of branding

Key points of the neuroscience of branding

The brand exists in the mind of the market, and in the brains of consumers.

Taken a level deeper, the brand is a pattern of connectivity in the brain's temporal lobes, representing the totality of semantic and em...

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Published on January 12, 2023 13:13