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

480. Marketing to Mindstates


Listen Later

In this episode of The Brainy Business podcast, Melina Palmer welcomes Will Leach, founder and CEO of Mindstate Group, to discuss the powerful marketing concepts. Drawing from his extensive experience in behavioral science and marketing, Will shares insights from his bestselling book, Marketing to Mindstates, and explains how understanding consumer psychology can transform marketing strategies.

Melina and Will discuss the importance of clarity in messaging, exploring the distinction between optimistic and cautious approaches to marketing. They also explore how brands can effectively connect with their target audiences by aligning their messaging with the psychological motivations of consumers. Will shares compelling examples, including the innovative snack brand Wicked Crisps, which was built entirely on behavioral science principles.

In this episode:

  • Discover the concept of mind states and how they influence consumer behavior.
  • Learn about the nine motivations that drive consumer choices and how to tailor marketing messages accordingly.
  • Explore the difference between optimistic and cautious regulatory approaches in marketing.
  • Gain insights into the practical application of behavioral science in branding and marketing strategies.
  • Understand the significance of clarity in messaging and how it impacts consumer perception.

Get important links, top recommended books and episodes, and a full transcript at thebrainybusiness.com/480.

Looking to explore applications of behavioral economics further? 

  • Learn With Us on our website.
  • Subscribe to Melina’s Newsletter Brainy Bites

Let’s connect:

  • Send Us a Message
  • Follow 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

174 ratings


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

View all
The Smart Passive Income Online Business and Blogging Podcast by Pat Flynn

The Smart Passive Income Online Business and Blogging Podcast

3,439 Listeners

Social Media Marketing Podcast by Michael Stelzner, Social Media Examiner

Social Media Marketing Podcast

1,446 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,578 Listeners

10% Happier with Dan Harris by 10% Happier

10% Happier with Dan Harris

12,531 Listeners

Why That Worked  – Presented by StoryBrand.ai by StoryBrand.ai

Why That Worked – Presented by StoryBrand.ai

1,935 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,969 Listeners

Choiceology with Katy Milkman by Charles Schwab

Choiceology with Katy Milkman

1,439 Listeners

Worklife with Adam Grant by TED

Worklife with Adam Grant

9,232 Listeners

Nudge by Phill Agnew

Nudge

171 Listeners

A Bit of Optimism by Simon Sinek

A Bit of Optimism

2,170 Listeners

ReThinking by TED

ReThinking

613 Listeners

Marketing Made Simple by Powered by StoryBrand

Marketing Made Simple

288 Listeners

Marketing Against The Grain by Hubspot Media

Marketing Against The Grain

353 Listeners

What Now? with Trevor Noah by Spotify Studios

What Now? with Trevor Noah

3,878 Listeners

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

AI Explored

77 Listeners