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BBCNEWS Talking Business June 4, 2024 10:41:00

Written the book on this. its called the invisible game the secrets and the science of winning minds and winning deals. kai—markus mueller, a real pleasure having you on this show. and kai, lets start with this. what are some of the tips and tricks that retailers use? well, there is a wealth of them in consumer psychology. but ill tell you a few of them. a very, very, very strong component is, for example, the default effect. so, for example, if you have a subscription, it renews by default an...
Markus Mueller Default Effect Consumer Psychology Red Signs Let It Go

BBCNEWS Talking Business June 4, 2024 10:45:00

That is a big issue. everybody who sells is very, very nervous about prices. indeed, i ran brain scan studies where i could show that the consumer willingness to pay is in some cases, significantly higher than the value perception of the person who sells. that means there is a strong hurdle and and lots of pain on the seller side, which is completely unnecessary. kai—markus mueller, an absolute pleasure having you on the show. thanks so much for your time and ill talk to you soon. thank you fo...
Brain Scan Studies Value Perception Seller Side Markus Mueller In The End Director General

BBCNEWS Talking Business June 4, 2024 23:40:00

Expensive food habits. well, on that point, kona lasker haque, my friend. a real pleasure having you on the show, as always, and, kona, ill talk to you soon. thank you so much. so there you go, thats the start of how prices get set. but how much does psychology play in the price that we pay for our shopping? well, my next guest has literally written the book on this. its called the invisible game the secrets and the science of winning minds and winning deals. kai—markus mueller, a real pleasur...
Commodities Expert Kona Lasker Haque Food Habits Psychology Play My Friend Markus Mueller Default Effect

BBCNEWS Talking Business June 4, 2024 23:44:00

Kai, are retailers, are they nervous about raising prices? oh, yes. that is a big issue. everybody who sells is very, very nervous about prices. indeed, i ran brain scan studies where i could show that the consumer willingness to pay is in some cases, significantly higher than the value perception of the person who sells. that means there is a strong hurdle and and lots of pain on the seller side, which is completely unnecessary. kai—markus mueller, an absolute pleasure having you on the show....
Raising Prices Brain Scan Studies Value Perception Seller Side Markus Mueller In The End

BBCNEWS Talking Business June 4, 2024 23:31:00

Lasker haque can tell us where the markets think prices of raw materials are heading. kai—markus mueller, whos the neuroscientist who gives us the psychology behind the way shops set their prices. and christel delberghe, shes the boss of eurocommerce, which represents the big retailers in some 27 countries across europe. also on the show, from the coffee field to your daily mug ofjoe, ive got antonio baravalle, the big boss of the coffee giant lavazza, to talk to us about pricing from bean to ...
She S The Boss Of Eurocommerce Markus Mueller Christel Delberghe Coffee Field Big Boss Got Antonio Baravalle

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BBCNEWS Talking Business June 4, 2024 22:44:00

Shrinkflation successful. kai, are retailers, are they nervous about raising prices? oh, yes. that is a big issue. everybody who sells is very, very nervous about prices. indeed, i ran brain scan studies where i could show that the consumer willingness to pay is in some cases, significantly higher than the value perception of the person who sells. that means there is a strong hurdle and and lots of pain on the seller side, which is completely unnecessary. kai—markus mueller, an absolute pleasu...
Raising Prices Brain Scan Studies Value Perception Markus Mueller Seller Side In The End

BBCNEWS Talking Business June 4, 2024 22:31:00

Prices of raw materials are heading. kai—markus mueller, whos the neuroscientist who gives us the psychology behind the way shops set their prices. and christel delberghe, shes the boss of eurocommerce, which represents the big retailers in some 27 countries across europe. also on the show, from the coffee field to your daily mug ofjoe, ive got antonio baravalle, the big boss of the coffee giant lavazza, to talk to us about pricing from bean to cup. wherever yourejoining me from around the wor...
She S The Boss Of Eurocommerce Markus Mueller Coffee Field Christel Delberghe Big Boss Coffee Giant Lavazza

BBCNEWS Talking Business June 4, 2024 22:40:00

Thats the start of how prices get set. but how much does psychology play in the price that we pay for our shopping? well, my next guest has literally written the book on this. its called the invisible game the secrets and the science of winning minds and winning deals. kai—markus mueller, a real pleasure having you on this show. and kai, lets start with this. what are some of the tips and tricks that retailers use? well, there is a wealth of them in consumer psychology. but ill tell you a few ...
Psychology Play Markus Mueller Consumer Psychology Default Effect Let It Go

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