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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, they’re losing time, energy, or sanity. What are you doing to eliminate loss from your experience? 👉 Make them feel they’re always winning
Business enthusiasti... • 2m
“Loss Aversion: The Psychology Behind Why We Buy” 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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We’re 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
See MoreExploring peace of m... • 6m
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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