Marketing Psychology

Key Takeaways Holiday spending is driven by a mix of nostalgia, tradition, social connection, and festive cheer, but the season can also amplify stress, loneliness, and grief, which further influence purchasing behavior. Psychological biases such as loss aversion, price anchoring, the endowment effect, the sunk cost fallacy, and present bias play a major role in shaping holiday spending decisions. Mindful spending, setting budgets, and focusing on thoughtful gifting can help

The Decoy Effect is a popular marketing tactic used to gently steer customers toward a preferred choice. Learn more about this effect and the step-by-step guide to apply it effectively.

More choices don’t always mean happier customers. In fact, too many options can make people freeze, overthink, and walk away. This blog breaks down how the Paradox of Choice works, why it matters for marketers, and how finding that “sweet spot” can turn overwhelmed browsers into confident buyers.

Repetition is a powerful tool in shaping memory and decision-making. When people encounter the same message or information multiple...

Why do we often value something more just because we worked harder for it? This hidden bias, known as the Effort Heuristic, explains why a self-built IKEA shelf feels more precious than a ready-made one. From gamified apps to personalized experiences, brands are tapping into this psychology to turn effort into loyalty.