The Choice Factory

25 behavioural biases that influence what we buy

Richard Shotton (Autor)

Buch | Softcover

220 Seiten

2018
Harriman House Publishing (Verlag)
978-0-85719-609-5 (ISBN)

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Before you can influence decisions, you need to understand what drives them. In The Choice Factory, Richard Shotton sets out to help you learn. From priming to the pratfall effect, charm pricing to the curse of knowledge, the science of behavioural economics has never been easier to apply to marketing.

Before you can influence decisions, you need to understand what drives them. In The Choice Factory, Richard Shotton sets out to help you learn.

By observing a typical day of decision-making, from trivial food choices to significant work-place moves, he investigates how our behaviour is shaped by psychological shortcuts. With a clear focus on the marketing potential of knowing what makes us tick, Shotton has drawn on evidence from academia, real-life ad campaigns and his own original research.

The Choice Factory is written in an entertaining and highly-accessible format, with 25 short chapters, each addressing a cognitive bias and outlining simple ways to apply it to your own marketing challenges. Supporting his discussion, Shotton adds insights from new interviews with some of the smartest thinkers in advertising, including Rory Sutherland, Lucy Jameson and Mark Earls.

From priming to the pratfall effect, charm pricing to the curse of knowledge, the science of behavioural economics has never been easier to apply to marketing.

The Choice Factory is the new advertising essential.

Richard began his career in marketing twenty-one years ago before setting up his own company, Astroten. Astroten help clients such as Google, Facebook, Sky, BrewDog and Mondelez apply findings from behavioural science to their marketing. Richard is the author of The Choice Factory which explains how behavioural science can solve business challenges. The Choice Factory was voted best sales and marketing book of the year at the Business Book Awards. It was a #1 bestseller on Amazon and is now available in 12 languages. In 2021 Richard was made an honorary lifetime fellow of the IPA and an associate of the Moller Institute, Churchill College, Cambridge University.

Preface
Introduction
The 25 Biases
1. The Fundamental Attribution Error
2, Social Proof
3. Negative Social Proof
4. Distinctiveness
5. Habit
6. The Pain of Payment
7. The Danger of Claimed Data
8. Mood
9. Price Relativity
10. Primacy Effect
11. Expectancy Theory
12. Confirmation Bias
13. Overconfidence
14. Wishful Seeing
15. Media Context
16. The Curse of Knowledge
17. Goodhart's Law
18. The Pratfall Effect
19. Winner's Curse
20. The Power of the Group
21. Veblen goods
22. The Replicability Crisis
23. Variability
24. Cocktail Party Effect
25. Scarcity

Ethics
Conclusion

References
Further reading

Index

Erscheinungsdatum	15.03.2018
Zusatzinfo	Illustrations, black and white
Verlagsort	Petersfield
Sprache	englisch
Maße	139 x 215 mm
Gewicht	356 g
Themenwelt	Geisteswissenschaften ► Psychologie ► Verhaltenstherapie
	Wirtschaft ► Betriebswirtschaft / Management ► Marketing / Vertrieb
	Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie
ISBN-10	0-85719-609-X / 085719609X
ISBN-13	978-0-85719-609-5 / 9780857196095
Zustand	Neuware