Tag Archives: Sales Psychology
Using the Endowment Effect in Sales: Turning Ownership Into Conversions
Using the Endowment Effect in Sales: Turning Ownership Into Conversions In sales and marketing, understanding the psychology of selling can be just as important as the product or service itself. One of the most powerful yet often overlooked concepts is…
The Power of Loss Aversion in Sales
The Power of Loss Aversion in Sales: Why “What They’ll Miss” Matters More Than “What They’ll Gain” When it comes to sales psychology, one concept consistently proves its weight in gold: loss aversion. Rooted in behavioural economics, loss aversion is…