Get unstuck — and leap ahead with fresh, action-oriented insights in one inspiring minute a day! I'm an author, seasoned entrepreneur and sought-after marketing expert, sharing ideas and free advice for creating and marketing stuff people really NEED. Every punchy post brightens your inbox with a thought-provoking cartoon illustration. Author of “I Need That” and host of the Product: Knowledge podcast.
Share
Make Folks Feel Invested
Published 1 day ago • 1 min read
People pay to keep what they feel is theirs more readily than to gain something new. A Journal of Consumer Psychology study found that when users feel even symbolic ownership of an option, they’re far more likely to stick with it, pay more for it, and resist switching. It’s the engine behind the “keep vs. get” effect. If a feature is framed as something you keep, commitment shoots up. If it’s framed as something you get, commitment falls. This matters for physical products, and it’s even more...
Subscribe to keep reading
This post is free to read but only available to subscribers.