The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

468. Decoding the Why


Listen Later

In this episode of The Brainy Business podcast, Melina Palmer revisits a fascinating conversation with Nate Andorsky, author of Decoding the Why. This refreshed episode dives into the intricate world of behavioral science and its application in technology and strategy for innovative companies and nonprofits. Nate, an entrepreneur with a keen interest in human decision-making, discusses how understanding psychological drivers can transform business strategies.

Nate shares his journey into behavioral science, sparked by the influential book Nudge, and explains how his company, Creative Science, integrates these concepts into product design. He emphasizes the importance of understanding the "why" behind user behavior, beyond just the surface-level data, to create more effective and engaging digital experiences.

In this episode:

  • Discover the significance of focusing on specific behavioral problems to uncover the underlying "why."
  • Learn how to utilize behavioral science principles like social norms and commitment devices in product design.
  • Explore practical examples and case studies that illustrate the power of behavioral insights in driving user engagement.
  • Understand the role of testing and iteration in refining strategies and enhancing user experience.
  • Gain insights into the application of behavioral science in various sectors, including nonprofit, finance, health, and education technology.

Visit this episode's page for important links, top recommended books and episodes, and a full transcript.

Looking to explore applications of behavioral economics further?

Learn With Us on our website.

Subscribe to Melina's Newsletter Brainy Bites on LinkedIn

Let's connect:

Send Us a Message

Melina on LinkedIn

The Brainy Business on Youtube

The Brainy Business on Instagram

...more
View all episodesView all episodes
Download on the App Store

The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral EconomicsBy Melina Palmer

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

176 ratings


More shows like The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

View all
The Knowledge Project by Shane Parrish

The Knowledge Project

2,678 Listeners

Social Media Marketing Podcast by Michael Stelzner, Social Media Examiner

Social Media Marketing Podcast

1,442 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,594 Listeners

The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,597 Listeners

The StoryBrand Podcast by StoryBrand.com

The StoryBrand Podcast

1,941 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,236 Listeners

Marketing School - Digital Marketing and Online Marketing Tips by Eric Siu and Neil Patel

Marketing School - Digital Marketing and Online Marketing Tips

1,260 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,983 Listeners

Worklife with Adam Grant by TED

Worklife with Adam Grant

9,149 Listeners

Nudge by Phill Agnew

Nudge

181 Listeners

The Marketing Millennials by Daniel Murray

The Marketing Millennials

158 Listeners

ReThinking by TED

ReThinking

622 Listeners

Marketing Made Simple by StoryBrand.com

Marketing Made Simple

288 Listeners

Marketing Against The Grain by Hubspot Media

Marketing Against The Grain

357 Listeners

AI Explored by Michael Stelzner, Social Media Examiner—AI marketing

AI Explored

85 Listeners