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Why You're Addicted To Shopping - Psychology of Persuasion - FutureIQ

Author
Videoschool Media
Published
Fri 01 Nov 2024
Episode Link
https://podcasters.spotify.com/pod/show/futureiq/episodes/Why-Youre-Addicted-To-Shopping---Psychology-of-Persuasion---FutureIQ-e2qb8mm

Marketing & Sales often use really strong psychological tricks in order to rope you in to buy more than you need. Indicating scarcity, inciting a fear of missing out and evoking a need for social validation are some such tricks used by Marketers. In this episode, we explain these tricks with the help of real-life examples.

Loss aversion & endowment effect are some other psychological tactics that are connected to these tricks used by sales & marketing professionals to manipulate you. Robert Cialdini, a professor and renowned psychologist within the field of Marketing & Business has written a book called Influence: The Psychology of Persuasion where he pens down 6 principles of Influence. A must-read if you want to understand psychological tricks of sales & marketing better. We have referred to this book along with giving some tips on how one can avoid falling for such persuasion tactics.

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