Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Episode 312: Loss Aversion: How Fear of Missing Out Shapes Our Choices

Episode 312: Loss Aversion: How Fear of Missing Out Shapes Our Choices

FromHabits and Hustle


Episode 312: Loss Aversion: How Fear of Missing Out Shapes Our Choices

FromHabits and Hustle

ratings:
Length:
16 minutes
Released:
Jan 19, 2024
Format:
Podcast episode

Description

Ever wonder why we fear loss more than we crave success? The answer is loss aversion. In this bonus episode of Habits & Hustle, I dive into the power of loss aversion and its grip on our daily decisions - from the subscriptions we can't let go of to our relentless gym commitments. I dive deep into the tactics businesses use to play on our fears and keep us hooked. Whether you're an entrepreneur looking to craft irresistible campaigns or a savvy consumer aiming to make smarter choices, this episode is a game-changer for you! 

What we discuss: 

(02:19 - 04:09) Psychological Marketing Technique
(08:50 - 09:56) The Power of Fear in Sales 
(13:22 - 13:38) Loss Aversion Technique for Marketers and Customers

Thank you to our sponsors: 

Go to www.hbr.org/subscriptions and enter PROMO CODE: HABITS to learn
more about this great opportunity to help manage your career and business.

Find more from Jen: 
Website: https://www.jennifercohen.com/
Instagram: @therealjencohen 
Books: https://www.jennifercohen.com/books
Speaking: https://www.jennifercohen.com/speaking-engagement

Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Jan 19, 2024
Format:
Podcast episode

Titles in the series (100)

Habits and Hustle is a podcast that helps share the stories, habits, and rituals of people and their journeys on living fulfilled lives.