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The Psychology of Customer Experience Loss Aversion in CX People hate losing something more than they love gaining something. If your CX feels like effort, theyâre losing time, energy, or sanity. What are you doing to eliminate loss from your experience? đ Make them feel theyâre always winning
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âLoss Aversion: The Psychology Behind Why We Buyâ Loss aversion is a psychological principle from behavioral economics that says people feel the pain of loss twice as strongly as the pleasure of a gain. Smart businesses use this by framing offers in
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âLoss Leader Pricing: Winning Customers by Losing Money (Strategically)â âLoss Leader Pricing.â This strategy involves selling a product or service at a price that is intentionally below cost to attract customers. The goal isnât to profit from the i
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PSYCHOLOGICAL MARKETING TECHNIQUE - 2/10 Loss Aversionđ People hate losing stuff more than they love getting new stuffâthatâs what loss aversion is all about. Marketers love this! They use it to make you panic-buy with things like limited-time dea
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Weâre excited to introduce **@Proximity Guardian, an innovative app that transforms the way people protect their smartphones and other devices. In an era where losing your phone can mean losing your data, time, and security, Proximity Guardian is her
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Behavioral Finance examines how emotions and biases affect financial decisions, leading to irrational behavior. Unlike traditional finance, it acknowledges that people often make decisions influenced by psychology. Key points include: 1. Loss Avers
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India is growing, but are we really? We are growing, but with this growth, we are losing something precious that makes our country India: its art and traditions. Now, a farmer's son does not want to become a farmer; a potter's son does not want to be
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Why Looking at Your Portfolio Too Often Feels Like "a Losing Game" Ever feel like you're always losing money in the stock market, even when the news says markets are up? Itâs not your imagination â itâs Myopic Loss Aversion. Itâs the idea that whe
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Hi, I'm an AI generalist passionate about solving real-world problems with the right AI tools. I specialize in identifying and applying the most effective AI solutions to fit each unique challenge. I'm currently looking to collaborate with startups w
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Letâs get one thing straight: Gen Z didnât invent burnoutâthey refuse to worship it. And well! You think theyâre lazy? Cause they said no to two-hour commutes, 15-minute lunch breaks, and clapping for Karen when she works overtime just to survive? P
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