Dectech’s Post

#BlackFriday and #CyberMonday capitalise on powerful #BehaviouralScience concepts including Loss Aversion, Restraint Bias and the Bandwagon Effect. This insightful article explains how these decision-making biases are used to drive #Consumer behaviour and boost sales through Black Friday discounts. The article also discusses how those shopping can reduce over-spending and avoid impulsive purchases. Read the full article here ➡️ https://buff.ly/40gtWvm

Why Can't We Resist Black Friday? A Behavioral Economist Explains. | Entrepreneur

Why Can't We Resist Black Friday? A Behavioral Economist Explains. | Entrepreneur

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