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

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

Consumers are weird. They don't do what they say they will do and don't act how we think they "should." Enter Melina Palmer, a sales conversion expert with a personal mission to make your business mor... Read more

Ranked #1

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29. Resolutions and Keeping Commitments

29. Resolutions and Keeping Commitments

I would like to wish you all a Happy New Year! This is the first behavioral economics podcast episode of 2019. Like so m... Read more

4 Jan 2019

44mins

Ranked #2

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31. Mirror Neurons: A Fascinating Discovery From A Monkey, A Hot Day, And An Ice Cream Cone

31. Mirror Neurons: A Fascinating Discovery From A Monkey, A Hot Day, And An Ice Cream Cone

Mirror neurons are the topic of today’s behavioral economics podcast. We are really going to get into what they are, how... Read more

18 Jan 2019

35mins

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Ranked #3

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33. Inside the Texas A&M Human Behavior Lab

33. Inside the Texas A&M Human Behavior Lab

I recently took a trip down to College Station, Texas to visit the Human Behavior Lab at Texas A&M University – whic... Read more

1 Feb 2019

37mins

Ranked #4

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73. Starbucks: A Behavioral Economics Analysis

73. Starbucks: A Behavioral Economics Analysis

Six months ago, I did my behavioral economics analysis of Costco, which has zoomed into the 11th most downloaded episode... Read more

8 Nov 2019

38mins

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Ranked #5

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5. The Truth About Pricing

5. The Truth About Pricing

Pricing is a top concern for most business owners, service people, and sales people. Today, I’m going to tell you the tr... Read more

20 Jul 2018

47mins

Ranked #6

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86. Peloton: A Behavioral Economics Analysis

86. Peloton: A Behavioral Economics Analysis

Last year on the show, there were behavioral economics analyses of Apple Card, Costco and Starbucks and this is the firs... Read more

7 Feb 2020

50mins

Ranked #7

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3. Do Lead Magnets Work and Do You Need One?

3. Do Lead Magnets Work and Do You Need One?

All over the place these days – they offer you something for free, you fill out a form and get onto their list. So What ... Read more

6 Jul 2018

46mins

Ranked #8

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77. How to Raise Your Prices

77. How to Raise Your Prices

“How do I raise my prices?” is a question I hear all the time. You all know that pricing is my jam. In fact, I’ve even c... Read more

6 Dec 2019

37mins

Ranked #9

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37. Understanding Mapping: The "U" in NUDGES

37. Understanding Mapping: The "U" in NUDGES

Last week, I kicked off the different types of nudges and how they apply to choice architecture with incentives. The wor... Read more

1 Mar 2019

48mins

Ranked #10

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68. Counterfactual Thinking: Why We ‘What If’ And ‘If Only’ (A Behavioral Economics Foundations Episode)

68. Counterfactual Thinking: Why We ‘What If’ And ‘If Only’ (A Behavioral Economics Foundations Episode)

I love the concept of counterfactual thinking. In fact, it was one of my favorite things to read about in school – I fin... Read more

4 Oct 2019

44mins

Ranked #11

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69. Management Mess To Leadership Success, an Interview with Scott Miller, EVP of Thought Leadership at FranklinCovey

69. Management Mess To Leadership Success, an Interview with Scott Miller, EVP of Thought Leadership at FranklinCovey

After a year of doing this podcast, I’ve noticed trends in the topics I’ve been requested to do. My Human Behavior Lab i... Read more

11 Oct 2019

45mins

Ranked #12

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11. Anchoring & Adjustment: The 1 Word That Increased Sales 38%

11. Anchoring & Adjustment: The 1 Word That Increased Sales 38%

Today’s behavioral economics podcast is another foundational episode focusing on anchoring and adjustment. My last found... Read more

31 Aug 2018

52mins

Ranked #13

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70. How to Set, Achieve & Exceed Brainy Goals

70. How to Set, Achieve & Exceed Brainy Goals

How do successful people get things done? A lot of it has to do with setting and achieving goals. A topic that isn’t alw... Read more

18 Oct 2019

32mins

Ranked #14

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62. Game Theory: Life And Business Are A Game…Do You Know The Rules?: A Behavioral Economics Foundations Episode

62. Game Theory: Life And Business Are A Game…Do You Know The Rules?: A Behavioral Economics Foundations Episode

If you’ve been listening to the podcast for a while, you already know that humans aren’t rational (and, honestly, you pr... Read more

23 Aug 2019

35mins

Ranked #15

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89. Focusing Illusion: Why Thinking About Something Makes It Seem More Important Than It Is (A Behavioral Economics Foundations Episode)

89. Focusing Illusion: Why Thinking About Something Makes It Seem More Important Than It Is (A Behavioral Economics Foundations Episode)

In a previous episode, I talked about a study on happiness which found that when asked if people thought they would be h... Read more

28 Feb 2020

31mins

Ranked #16

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87. Social Proof: How to Use Herding to Boost Engagement and Sales

87. Social Proof: How to Use Herding to Boost Engagement and Sales

Social proof was introduced by Robert Cialdini in his book Influence. It’s one of the six principles of persuasion (acco... Read more

14 Feb 2020

40mins

Ranked #17

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60. Surprise and Delight

60. Surprise and Delight

First off – welcome to episode 60! How exciting – I love hitting milestones and I am excited to celebrate this one with ... Read more

9 Aug 2019

47mins

Ranked #18

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88. Marketing to Mindstates: A Discussion With Author, Will Leach

88. Marketing to Mindstates: A Discussion With Author, Will Leach

Companies are getting more savvy about using behavioral economics not only to sell products, but to help consumers make ... Read more

21 Feb 2020

40mins

Ranked #19

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9. Loss Aversion: Why Getting New Stuff Is Not The Same

9. Loss Aversion: Why Getting New Stuff Is Not The Same

Because this is a behavioral economics podcast, it is time to build our behavioral economics foundations. This is the fi... Read more

17 Aug 2018

38mins

Ranked #20

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71. Prefactual Thinking: How to Turn “What If” Into “Why Not” - Behavioral Economics Foundations

71. Prefactual Thinking: How to Turn “What If” Into “Why Not” - Behavioral Economics Foundations

You may remember episode 68 on counterfactual thinking (why we ‘what if’ and ‘if only’). That episode and the Inc.com ar... Read more

25 Oct 2019

30mins

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