πŸ—’οΈ
Note: My notes are a mix of key ideas and quotes from the book as well as my own thoughts.
πŸ’‘
The opposite of a good idea can be a very good idea.
  • Behavioral psychology in action: Ogilvy London painted baby faces on shop shutters to reduce vandalism.
  • Everything can become exclusive. Before Dyson, vacuum cleaners were generic products. Now, they're a status symbol.
    • What’s next? Exclusive nail clippers? Maybe.
πŸ’¬
"The heart has reason in which reason knows nothing."
Pascal
  • Why the corporate world is not creative –
    No one was fired for using too much logic. People try to justify their decisions with pure logic so that they won't be blamed for the results. But, the non-rational solution might actually be better.
  • Writing for a persona vs. writing for one person –
    If you always try to use data to determine who is your average client, you'll often target people who rarely exist.
    Don't design for the average; design for the typical.
πŸ’²
We enjoy buying either very cheap or very expensive stuff. These both give us a dopamine boost and make for a good story.
  • Show three options with Decoy Pricing
    • Cheap
    • Premium
      The one you want the client to take
    • Decoy
      An offer so bad that choosing the premium option becomes a no-brainer
  • Gifts :
    People often struggle to find gifts for their loved ones. Define your product as a gift.
    • That's why many online shops add "given as a gift" to product descriptions.
  • On how to acquire gold from iron :
    During a crisis, Prussia asked rich people to donate their gold jewelry in exchange for iron jewelry. A little engraving on the metal jewelry stated it was given in return for gold.
    Suddenly, wearing metal jewelry became a high-status symbol.
  • On creating desire :
    The Prussian king, Friedrich, wanted to turn potatoes into a desirable vegetable because people didn't want to eat and grow them. So he planted some potatoes and put a high fence around them.
    Suddenly, people started appreciating potatoes
  • Invent new words and give names to behaviors :
    The Belgian government wanted people to stop drinking and driving, so they invented the term BOB ("Bewust Onbeschonken Bestuurder"), which translates to "Consciously Non-Drunk Driver." It was easier for people to refuse a drink because they could just say, "no thanks, I'm BOB."
  • Market asymmetry :
    When the buyer knows less about the product than the seller. Like, with the hoverboard market. No clear product name, no clear branding, no clear features.
  • Reframing :
    Acamol Night was invented as regular medicine. But there was one problem: it made you sleepy. So they reframed it to be a medicine that not only cures you but also helps you to sleep better.
    [Whoa!]
  • The focusing illusion :
    When we pay too much attention to a particular event or detail without seeing the big picture. This phenomenon is also why focusing on one USP can help you sell better.
    • Porsche – Fast, Volvo – Safe, etc.
  • The 300M button :
    An e-commerce company made a button that lets customers check out as guests instead of registering. The result: increased sales by 300M a year.