overcome competence bias

myth 58 of 150 There are so many basic principles, that can be readily applied in marketing a product, service, business or brand, which are often overlooked. For example, there is potential in driving sales by overcoming the phenomenon of perceived competence or ‘competence bias’ as it is known in marketing circles. I had a […]

myth 58 of 150 There are so many basic principles, that can be readily applied in marketing a product, service, business or brand, which are often overlooked. For example, there is potential in driving sales by overcoming the phenomenon of perceived competence or ‘competence bias’ as it is known in marketing circles. I had a long conversation with a friend recently regarding the union influence over the Australian Labor Party. She informed me that the Labor Party was dominated by extreme left wing unions – when the fact is – right wing unions dominate the Labor Party. She was making decisions on the basis of what she thought she knew, but actually had no idea about. There are many instances where people make decisions, not on the basis of what they know, but on what they think they know. This has always been the case and has inspired quotes such…

New here?

Be the first to read the full article and get unlimited news access and insights!
No tags

Five Tips For Reducing
The Cost Of Branding.

Burning money on branding is more common than most marketers think. Because few businesses truly understand what a brand is and how branding works, advertising agencies, branding agencies and design studios have become expert at spending their client’s money without effective accountability.

Burning money on branding is more common than most marketers think. Because few businesses truly understand what a brand is and how branding works, advertising agencies, branding agencies and design studios have become expert at spending their client’s money without effective accountability.

1. Get out of the boardroom.

Perhaps the two most concerning issues about branding are the lack of understanding about what brand and branding are and the propensity to develop brands in the boardroom, perhaps with the help of a consultant.....

TO RECEIVE CONSUMER INSIGHTS AND PRACTICAL MARKETING TIPS WEEKLY AND OTHER BENEFITS...
CLICK HERE