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How Inconsistent Brand Messaging Quietly Undermines Everything Else You’re Investing In

By Branding & Identity, Conversion Optimization & Sales Psychology, Marketing Strategy & Growth
There's a test we run early in almost every diagnostic engagement. We ask five people inside the company — separately, without preparation — to answer a simple question: "What does this company do, and why should someone choose you over the alternatives?" The answers are rarely the same. Sometimes they're…
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decoy effect pricing

The Decoy Effect and Why Most Pricing Structures Are Working Against You

By Pricing & Revenue Growth, Conversion Optimization & Sales Psychology, Marketing Strategy & Growth
The Decoy Effect and Why Most Pricing Structures Are Working Against You A 1992 study by Dan Ariely, Joel Huber, and John Payne demonstrated something pricing strategists have been applying carefully ever since: adding a third option to a two-option choice can change which of the original two options buyers…
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