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Biases

Articles on Biases

Explore the fascinating world of cognitive biases and their impact on decision-making and marketing. Our articles highlight how these unconscious thought patterns influence our behavior and how you can harness these insights for more effective communication and marketing.

Written on July 26, 2024

Affect heuristic: meaning & examples in marketing

Have you ever looked back on a decision and wondered why you thought it was a good choice at the time? It is likely that the affect heuristic has a role...

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Written on July 12, 2024

Ambiguity effect: meaning & examples in marketing

People may be reluctant to use AI because they still rely more on human actions than on the unknown and mysteriousness of AI. In doing so, they do run the...

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Written on June 28, 2024

Commitment bias: meaning & examples in marketing

Imagine this: you've launched a new product that you've been working on for months. Despite extensive marketing campaigns, sales fall short of expectations. Yet you continue to...

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Written on June 3, 2024

Priming effect: meaning & examples in marketing

Imagine smelling the fragrance of freshly baked bread as you enter the supermarket; the chances are now a lot better that you will be left with a loaf of bread in...

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Written on May 3, 2024

Nostalgia effect: meaning & examples in marketing

You are walking in the store and suddenly you see, smell or hear something that reminds you with warm feelings of a happy time in your life. You have...

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Written on April 26, 2024

Choice overload (choice stress): meaning & examples in marketing

Think about choosing a new smartphone. There used to be only a few models available, which made choosing relatively easy. Today, the market is flooded with hundreds of models, each...

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Written on January 12, 2024

Salience bias: meaning & examples in marketing

As an entrepreneur, your decisions may be influenced more by salient recent events than by objective data, a phenomenon known as salience bias. In this article, we explore how this...

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Written on December 22, 2023

Status quo bias: meaning & examples

Growth means change, but are entrepreneurs always willing to embrace these changes? They often cling to the status quo, even when it is not optimal. Take for example...

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Written on December 15, 2023

Ostrich (ostrich) effect: meaning & examples

Do you think AI won't take off? Nobel laureate Paul Krugman said in 1998, "By 2005 or so, it will become clear that the Internet's impact on...

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Written on December 8, 2023

Hindsight bias: meaning & examples

There are very many people who can explain in hindsight why certain events occurred, but very few who can predict in advance that they will occur. Looking back, everything is very clear....

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