Idea posted: January 2018
Institutions: Queensland University of Technology Business School
Many companies develop their relationship marketing strategies based on the assumption that their customers are unerringly cold and calculating, and driven by one question: what kind of a financial deal…
READ MORE PIN TO MY IDEAS Idea #688
Idea posted: January 2018
Institutions: Harvard Business School Columbia Business School
Marketing luxury products requires connecting with consumers’ often emotion-driven desires, aspirations, and/or fantasies. However, many consumers cannot put aside their ‘rational’ mindset, and as a result feel guilty when purchasing…
READ MORE PIN TO MY IDEAS Idea #687
Idea posted: November 2017
Institutions: ESADE Rotterdam School of Management, Erasmus University Duke University Fuqua School of Business
When it comes to business – and most areas of life – we tend to think in straight lines. For example, if one shelf holds 50 books, two shelves will…
READ MORE PIN TO MY IDEAS Idea #685
Idea posted: July 2017
Institutions: University of Texas McCombs School of Business University of California, San Diego
Cell phones can be distracting when you’re trying to work. If the phone rings, you’ll stop what you’re doing to answer it. If you hear the ping of a new…
READ MORE PIN TO MY IDEAS Idea #665
Idea posted: June 2017
Institutions: Columbia Business School HEC Paris
The results of the study showed a 35% increase in usage by the targeted customers and a 10% increase in usage by the connections of the targeted customers. In addition, suspensions…
READ MORE PIN TO MY IDEAS Idea #660
Idea posted: May 2017
Institutions: University of the Fraser Valley University of Toronto Rotman School of Management
Research has shown that our thoughts and emotions can be subconsciously activated or ‘primed’ by an external stimulus. In three experiments, two researchers reveal that a simple supraliminal prime —…
READ MORE PIN TO MY IDEAS Idea #655
Idea posted: May 2017
Institutions: Columbia Business School
Acquiring customer data at the point of purchase, including from first-time customers, is not new. However, much of that data for first-time customers often focuses on where the customers came…
READ MORE PIN TO MY IDEAS Idea #651
Idea posted: December 2016
Institutions: University of British Columbia Sauder School of Business Southern Methodist University Edwin L. Cox School of Business
Any consumer who has entered a high-end luxury shop and been treated with disdain by the sales clerks will understand the meaning of ‘retail rejection’. Many luxury companies are trying…
READ MORE PIN TO MY IDEAS Idea #640
Idea posted: July 2016
Institutions: University of Toronto Rotman School of Management
Products and services fit into certain categories. For example, circuses, theatres and sporting events are all sources of live entertainment, yet they each fit their own category. Categories are defined…
READ MORE PIN TO MY IDEAS Idea #612