BizNews
You want customers to combat their loneliness? Sell them experiences, not just things
Participants rated their feelings of similarity to someone else who had made the same purchase, on an ascending scale from 1 to 9. In several separate experiments, they consistently rated those feelings significantly higher for experiential purchases than for material ones: up to 1.51 points higher.
BizNews
In-aisle store displays might crowd shoppers and reduce overall sales
Retailers might seek strategies to boost product exposure without also increasing crowding – especially for cart shoppers who may experience greater crowding effects – and that excessive use of in-aisle fixtures will likely dampen sales at the aggregate level rather than increasing it.
BizNews
Structure of online reviews shapes their helpfulness
Reviews that grow increasingly positive are most helpful to readers, while those that turn negative are least helpful. For average-rated products, progressively negative trajectories enhance helpfulness, whereas reviews that start negative and grow positive are least effective.
BizNews
Reversible words can lower consumer disbelief in ads
A simple word choice in marketing messages can significantly impact how confident consumers feel about believing – or not believing – a claim.
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BizNews2 weeks agoIn-aisle store displays might crowd shoppers and reduce overall sales
