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Within each, it can be useful to track the percentage of consumers that are seeing zeroes. If it’s too high a number, that category of users is experiencing anti-network effects, and it will never break through.
Andrew Chen • The Cold Start Problem: How to Start and Scale Network Effects
Eugene Wei • Status Games: Engineering Scarcity in a World of Abundance
Digital media has exploded consumer options, and made demographics less predictive of human behavior. Now, psychographics work better. The differences between how people think are now more important in (most) marketing than who they appear to be.
Zach Obront • The Scribe Method: The Best Way to Write and Publish Your Non-Fiction Book
Rely on intrinsic motivations—purposeful work and opportunities for growth—over financial incentives. They’re far more powerful.
John Doerr • Measure What Matters: How Google, Bono, and the Gates Foundation Rock the World with OKRs
In the last few years, recession-inspired discounting has supercharged the bargain expectations of consumers—and also decreased their ability to decipher the intrinsic value of merchandise. Macy’s multiple promotions are like catnip to Janine. She becomes ultra-focused on the money she’s saving and loses sight of what she’s spending. Janine half-jo
... See moreKit Yarrow • Decoding the New Consumer Mind
the amount we’re willing to pay for things often depends, to a large degree, on how fair the price appears to be.
Dan Ariely • Dollars and Sense
favorite friend of mine is an übercollector, one of the biggest guys in the memorabilia business, and trust me, he is no nerd. He might be an ex-hippy, but he’s also a sexy stud, and he’s made a fortune from auctioning music and movie memorabilia. That’s the kind of guy you could stumble across at a hobby or fan convention.
Lisa Johnson Mandell • Become Your Own Matchmaker: 8 Easy Steps for Attracting Your Perfect Mate
out. My
Harry S. Dent Jr. • The Demographic Cliff
In a category where the typical buyer buys multiple brands over a period, such as toothpaste, beer or TV streaming services, category buyers retrieve some brands linked to the first attribute cue.