The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth

FEAR! One of the greatest marketing motivators of human behavior


Listen Later

Neither of us is much of a runner. In fact, to get us to run with any kind of speed would require some motivation—like a tiger chasing us. That's because fear is a powerful motivator. Fear is also a powerful tool for marketers to get customers or potential customers to care about something.

So, why does fear motivate us so much? Safety is an important value for all of us. When it is threatened, we notice. In other words, fear is a strong emotion, which makes it hard to ignore or control. In some cases, you might even have an involuntary response as the fear you feel taps into something primal. Michael McIntyre provides an engaging and comedic perspective on this topic here.

When you have something to sell, it can be challenging to cut through the clutter to get people to care about what you have. In fact, getting people to care about anything can be challenging, whether there is a potential sale involved or not. That's one of the reasons that marketers find themselves using it; fear can get people to care.

Political ads are big fans of this type of marketing. Campaigns use the opponent's platform and voting record to scare voters about what the opponent might do if elected. Of course, the candidate campaign ad creators want voters to choose would never do those things. So, fear motivates the voters to give their vote to the political campaign's candidate. It's genius, and very common.

In this episode, we discuss why fear motivates humans, how marketers can use it effectively and what marketers should avoid. Plus, we decide which mask Colin should wear for Halloween. Don't miss out on the exciting debate.

Key Ideas to Improve your Customer Experience

Among other ways, Loss Aversion, which is part of the larger behavioral science concept of Prospect Theory, is part of the equation in using fear as a marketing tool. You might remember that Loss Aversion describes that in our minds, losses loom larger than gains. To put it another way, we hate losing things more than we enjoy winning things. Loss Aversion is why we are sometimes motivated to respond to a marketing offer. We don't want to risk losing something.

Here are a few other key moments in the discussion:

  • 03:46 We talk about our newest part of the podcast, video; click here to subscribe to the Intuitive Customer video feed for the podcast.
  • 05:36 We talk about how fear is a tool used by marketers because it is a powerful emotion that causes people to care about things they might not have before.
  • 08:45 We review the concept of fear aversion, FOMO, and how these can feed into these marketing messages.
  • 15:43 Colin recalls the work of British comedian Michael McIntyre and his bit about wasps and bees, which demonstrates how we sometimes try to control our very real fear.
  • 18:36 We explore why fear is so motivating to us and why we seek it out in "safe" spaces.
  • 20:56 We explain how fear appeals are motivating, but you should do these things if you want them to work and avoid some other things to keep it from backfiring.
  • 31:05 We share our practical suggestions for what you should do with this information.

Subscribe to our YouTube channel here for more content.

Please tell us how we are doing! Complete this short survey.

Customer Experience Information & Resources

LinkedIn recognizes Colin Shaw as one of the 'World's Top 150 Business Influencers.' As a result, he has 290,000 followers of his work. Shaw is Founder and CEO of Beyond Philosophy LLC, which helps organizations unlock growth by discovering customers' hidden, unmet needs that drive value ($). The Financial Times selected Beyond Philosophy as one of the best management consultancies for the last four years in a row. Follow Colin on LinkedIn and Twitter.

Click here to learn more about Professor Ryan Hamilton of Emory University.

Why Customers Buy: As an official "Influencer" on LinkedIn, Colin writes a regular newsletter on all things Customer Experience. Click here to join the other 35,000 subscribers.

How can we help?

Click here to learn more about Beyond Philosophy's Suite of Services.

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

The Intuitive Customer - Helping You Improve Your Customer Experience To Gain GrowthBy Colin Shaw, Beyond Philosophy LLC

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

48 ratings


More shows like The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth

View all
TED Talks Daily by TED

TED Talks Daily

11,157 Listeners

NPR News Now by NPR

NPR News Now

14,359 Listeners

The McKinsey Podcast by McKinsey & Company

The McKinsey Podcast

391 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

176 Listeners

10% Happier with Dan Harris by 10% Happier

10% Happier with Dan Harris

12,719 Listeners

The Daily by The New York Times

The Daily

112,751 Listeners

Up First from NPR by NPR

Up First from NPR

56,508 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,988 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,909 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

169 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,901 Listeners

ReThinking by TED

ReThinking

618 Listeners

The AI Daily Brief: Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief: Artificial Intelligence News and Analysis

589 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

162 Listeners

Beyond The Prompt - How to use AI in your company by Jeremy Utley & Henrik Werdelin

Beyond The Prompt - How to use AI in your company

56 Listeners