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Aditi

Hey I am on Medial • 22d

“Now Beats Later: How Temporal Discounting Drives Instant Customer Decisions” Temporal Discounting is the tendency to prefer immediate rewards over larger, delayed ones. In business, this shapes how offers are presented. Consumers often choose a smaller discount today over bigger long-term savings. Brands leverage this bias with phrases like “Instant Cashback” or “Get it now, pay later.” Subscription services highlight immediate benefits to overcome hesitation. Even loyalty programs are more effective when they offer short-term wins rather than distant perks. Businesses that understand this bias can design promotions, payment models, and user experiences that satisfy the customer’s desire for instant gratification—leading to quicker decisions and stronger conversions.

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Aditi

Hey I am on Medial • 27d

“Trust the Expert: How Authority Bias Builds Business Credibility and Sale Authority bias is the tendency to trust and follow the opinions of perceived experts or authority figures. In business, this bias is used to build credibility and influence d

2 replies5 likes

Phoenixmedia

An Social media mark... • 11m

Are you distracted and have ADHD.... The influence of social media platforms like Instagram, TikTok, and Snapchat fosters a culture of instant gratification and constant comparison, often leading to distractions and procrastination. This constant dig

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Aditi

Hey I am on Medial • 20d

“If It Bleeds, It Leads: How Negativity Bias Drives News Consumption” Negativity bias is our brain’s tendency to focus more on negative information than positive. The news industry heavily leverages this bias to capture attention and drive engagemen

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Anonymous

Hey I am on Medial • 1y

🔍 Exploring Hindsight Bias: Understanding its Impact Hindsight bias, the tendency to believe we would have predicted or expected an outcome after it has occurred, can significantly influence decision-making processes. Consider these scenarios: 🏆

3 replies4 likes

Only Buziness

Business enthusiasti... • 25d

“Stay True to You: How Self-Consistency Bias Keeps Customers Coming Back” Self-consistency bias is the tendency for people to act in ways that align with their past actions and self-image. In business, this helps build long-term customer loyalty. On

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Only Buziness

Business enthusiasti... • 27d

Join the Crowd: How the Bandwagon Effect Boosts Brand Popularity and Sales” The Bandwagon Effect is a psychological bias where people do something primarily because others are doing it. In business, it’s a powerful marketing tool. When customers see

2 replies6 likes

Account Deleted

Hey I am on Medial • 1y

Today's Topic : Buy Now Pay Later Services Do You think BNPL Service will big ? E.g : Simpl,Lazypay etc. •Buy Now, Pay Later (BNPL) services are popular for splitting purchases into smaller, interest-free installments. •BNPL services are targeting

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Inactive

AprameyaAI • 10m

How to gain 1 Million Downloads ? 😌 Answer: be fast Short Term and Fast Paced World 👉 Speed > perfection. The world moves fast, keep up. 👉 Short-term wins = long-term gains. Don’t get stuck planning forever. 👉 Adaptability = survival. Change

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Pulakit Bararia

Building Snippetz la... • 5m

So how do you calculate your company’s valuation? Here’s the simplest way to think about it: 1. Forecast Future Earnings: Start with what your business makes now and apply a growth rate. Example: Year 1: $100K → Year 2: $120K → Year 3: $144K. 2.

7 replies27 likes

SHIV DIXIT

CHAIRMAN - BITEX IND... • 7m

📖 DAILY BOOK SUMMARIES 📖 🔗 DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE — https://drive.google.com/file/d/1-rS8LaJ8BoqZxcfb60B2eTCufi3dYl10/view?usp=drivesdk 🔥 The Amazon Way 🔥 🚀 20 Lessons 👉 ✨ John Rossman ✨ 1. Customer Obsession • A