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The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

Auteur(s): Melina Palmer
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À propos de cet audio

Consumers are weird. They don't do what they say they will do and don't act how we think they "should." Enter Melina Palmer, a sales conversion expert with a personal mission to make your business more effective and brain friendly. In this podcast, Melina will take the complex concepts of behavioral economics (the study and science of why people buy - or not) and provide simple, actionable tips you can apply right away in your business. Whether you're a small business or thriving corporation, Melina's tips can help your business increase sales and get more customers.TheBrainyBusiness Marketing Marketing et ventes Réussite personnelle Science Sciences sociales Économie
Épisodes
  • 533. Stand Out: Authentic Branding in a Crowded Marketplace
    Sep 18 2025

    In this episode of The Brainy Business podcast, Melina Palmer welcomes Louis Grenier, creator of the Everyone Hates Marketers podcast and author of the bold book, Stand the F Out. Together, they explore the essential strategies for creating a brand that truly stands out in a crowded marketplace, even on a tight budget. Louis shares his insights on how to be brave in branding and the importance of embracing a unique positioning that resonates with your audience.

    The conversation dives into the concept of "insight foraging," where Louis emphasizes the value of understanding your customers through real conversations rather than relying on potentially misleading data. He discusses the pitfalls of traditional marketing tactics, like arbitrary niching down, and instead encourages listeners to find common struggles among their target audience to create meaningful connections. Louis also introduces the idea of using a "Trojan horse" approach in marketing, allowing brands to enter the minds of consumers by addressing what they think they need before delivering what they truly require.

    In this episode:

    • Discover how to embrace your brand's spice and be bold in your messaging.
    • Learn the importance of insight foraging and how to gather meaningful customer insights.
    • Understand why traditional niching down can be counterproductive and how to find your unique positioning.
    • Explore the concept of the Trojan horse in marketing and how to effectively communicate your brand's value.
    • Gain insights into the role of alter egos in overcoming fear and embracing your brand's true identity.

    Get important links, top recommended books and episodes, and a full transcript at thebrainybusiness.com/533.

    Looking to explore applications of behavioral economics further?

    Learn With Us on our website.

    Subscribe to Melina’s Newsletter Brainy Bites.

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    56 min
  • 532. Conquering Procrastination in Business
    Sep 16 2025

    In this episode of The Brainy Business podcast, Melina Palmer revisits the concept of bikeshedding, a phenomenon that leads us to obsess over trivial details while neglecting the more significant issues that drive progress. Originally discussed in episode 99, Melina brings this foundational topic back into focus as we navigate the complexities of decision-making in a rapidly changing environment.

    Bikeshedding, a term coined by Cyril Northcote Parkinson, highlights our tendency to spend excessive time on inconsequential tasks—like perfecting a logo color—at the expense of critical decisions that can impact our success. Melina explains how this behavior can hinder our productivity and offers practical strategies to overcome it. She discusses the relationship between bikeshedding and Parkinson's Law of Triviality, emphasizing the importance of prioritizing meaningful work over distractions.

    In this episode:

    • Understand the concept of bike shedding and how it manifests in everyday decision-making.
    • Learn about Parkinson's Law of Triviality and its implications for productivity.
    • Discover practical questions to ask yourself to break free from bikeshedding and focus on what truly matters.
    • Explore the significance of setting clear goals to combat procrastination and maintain momentum.
    • Gain insights into how to balance feedback from others while staying true to your own objectives.

    Get important links, top recommended books and episodes, and a full transcript at thebrainybusiness.com/532.

    Looking to explore applications of behavioral economics further?

    Learn With Us on our website.

    Subscribe to Melina’s Newsletter Brainy Bites.

    Let’s connect:

    Send Us a Message

    Follow Melina on LinkedIn

    The Brainy Business on Youtube

    The Brainy Business on Instagram

    Voir plus Voir moins
    36 min
  • 531. Learn From Losing: The Psychology of Resilient Leadership
    Sep 11 2025

    In this episode of The Brainy Business podcast, Melina Palmer engages in a thought-provoking conversation with Sebastian Page, author of The Psychology of Leadership. They explore the fascinating intersection of sports psychology and leadership, discussing how the lessons learned from athletes can transform the way we approach challenges in the business world.

    Sebastian shares his journey from a high-stress career in money management to a deep exploration of psychology, emphasizing that effective leadership is not just about winning but about learning from losses. He highlights the importance of resilience, the impact of stress on performance, and how a long-term mindset can guide decision-making. Throughout the episode, Melina and Sebastian delve into the concept of goal-induced blindness, illustrating how an excessive focus on outcomes can hinder our ability to see the bigger picture.

    In this episode:

    • Discover how sports psychology can inform and enhance leadership practices.
    • Learn about the significance of embracing losses as opportunities for growth.
    • Understand the concept of goal-induced blindness and its implications for high performers.
    • Explore the optimal levels of stress for different tasks and how to manage them effectively.
    • Gain insights into the importance of self-care and well-being for effective leadership.

    Get important links, top recommended books and episodes, and a full transcript at thebrainybusiness.com/531.

    Looking to explore applications of behavioral economics further?

    Learn With Us on our website.

    Subscribe to Melina’s Newsletter Brainy Bites.

    Let’s connect:

    Send Us a Message

    Follow Melina on LinkedIn

    The Brainy Business on Youtube

    The Brainy Business on Instagram

    Voir plus Voir moins
    43 min
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