Marketing strategies for Brand Building | Best of 2020

Marketers often have no idea why their campaigns work (or not). They try different tactics and draw wild-naive andnaive conclusions. Today's article will highlight the fact that advertisements largely work by refreshing and building memory structure.   Going back...

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The importance of Behavioral Economics in Advertising Landscape.

Rory is the Vice Chairman of Ogilvy, an attractively vague job title which has allowed him to co-found a behavioral science practice within the agency.

He works with a consulting practice of psychology graduates who look for ‘unseen opportunities’ in consumer behaviour – these are the very small contextual changes which can have enormous effects on the decisions people make – for instance tripling the sales rate of a call centre by adding just a few sentences to the script. Put another way, lots of agencies will talk about “bought, owned and earned” media: we also look for “invented media” and “discovered media”: seeking out those unexpected (and inexpensive) contextual tweaks that transform the way that people think and act.

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BEHAVIORAL SCI.
Power Stories:
50 Behavioral Economis Hacks
Power Stories:
50 Behavioral Economis Hacks
Power Stories:
50 Behavioral Economis Hacks

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