Imagine the following situation: You have eaten a sumptuous Bengali meal at a fancy restaurant. After wolfing down bekti fish …
Author Stories
While habits try to stick to you, your brain wants to try out new things — the push-pull works well for marketers
Think of the following situation. You are addicted to Coke and it’s an integral part of your monthly grocery list. …
Is AirBnB disrupting the hotel industry? Probably not yet
Do you run a hotel, or a hotel booking website or service? In that case, you have probably heard about …
Money is power. But did you know power is also money — it makes you save more
Do you end up spending more when you feel hapless, and saving more when you feel empowered? According to research, …
What kind of promotions should your brand offer?
A few days ago, I picked up a bar of Snickers served at a friend’s party. It was a normal …
Do you focus on the big picture or on minute details? Turns out you can be nudged by a smart marketer either way
Answer the following questions: A telephone is (a) A gadget to make calls (b) A solution for your communication, computation …
Give experiential gifts, not expensive ones. They’re appreciated more
How often have you wracked your brains over a gift to give a family member, friend or even a business …
Stuck in an innovation rut? Take cues from your product’s lead users
What do you do with Coca Cola? Drink it, of course. But to what purpose? As a refreshing drink that …
Watching what you eat? Look at your food in brighter light, literally
In the late 1920s, Elton Mayo, an Australian-born sociologist and a manager at Western Electric’s Hawthorne plant in Chicago, US, …
Got bad reviews for your product? They may just help you, but only if you’re not already famous
If you’re a relatively unknown producer, you may just benefit from the accidental awareness that a bad review triggers. But not so if you’re well known.
Too tired to cook but want to eat healthy? Skip the deli and order on an app
We tend to eat more junk food after particularly cumbersome tasks that require us to spend considerable amounts of cognitive resources.
Well, you knew this, but research has proved that targeted advertising works
A few days ago, I travelled to Shanghai for work. I booked a hotel room there via a popular online …
Making a risky decision without data to guide you? Try the Delphi method
Consider the following situation. You are the head of a large online fashion retailer. You observe that a larger percentage …
Time is money: Delayed payments cost you a lot more than you think; 35%-300% more
Keep an eye on your credit card bills. Also, switching to energy-saving lights, refrigerators and other appliances may save you more money than you realise.
Swiping your credit card is less painful than paying in hard cash (didn’t you know that already?)
Consumers tend to spend more while swiping credit cards than while spending cash, because the pain associated with the former is lesser than the latter.