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How MSPs Can Use The 'Baader Meinhof' Illusion

Author
Mike Knight - MKLINK
Published
Wed 24 Jan 2024
Episode Link
None

In this episode, we delve into the fascinating psychological phenomena of the 'Baader-Meinhof Phenomenon' and 'Confirmation Bias,' exploring their implications for Managed Service Providers (MSPs). The Baader-Meinhof Phenomenon refers to the tendency to notice newly learned concepts or objects more frequently in one's surroundings, creating a selective attention effect.

We connect this phenomenon with Confirmation Bias, where individuals seek information that confirms their pre-existing beliefs. The interplay between these biases can significantly impact marketing and client engagement strategies for MSPs. Understanding these effects becomes crucial as MSPs can leverage them in various ways.

For instance, when introducing a new threat or technology in marketing content, the Baader-Meinhof Phenomenon and Confirmation Bias can work together to enhance the perceived importance of the information. MSPs can strategically utilize this awareness in marketing campaigns, making their messages more impactful with potentially lower costs.

Moreover, the episode explores the power of Google or Facebook Remarketing, where MSPs can utilize these biases to create a prominent online presence, making their business appear larger than it is. This episode provides actionable insights into leveraging psychological biases for MSPs to enhance their marketing strategies and overall brand visibility. Understanding these cognitive effects not only benefits business but also aids individuals in making more informed judgments in various aspects of life.

Mike Knight MBA FCIM Director, MKLINK Ltd

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