A study of 502 financial advisors and their clients finds that quirky and creative salespeople turn customer loyalty into revenue more effectively, while blunt ones tend to squander it.
A new study finds that "limited edition" tends to spark stronger impulse buying of blind boxes than "selling out fast," but which message works best depends on the shopper's mindset.
New research finds that when hotel customers believe climate claims are genuine, they become more engaged with climate change and more loyal to the hotel.
A study of millions of Reddit posts finds that retail investors disproportionately discuss stocks with extreme recent returns, matching predictions from a decades-old psychology theory about how people evaluate risk.
A study of Dutch companies finds that innovation follows an inverted-U curve with network density, and cognitive distance between partners changes everything.
New research on 400 investors and 15 financial experts finds that overconfidence and herd behavior meaningfully harm investment decisions, while anchoring and loss aversion add to market inefficiencies.
A study of 334 shoppers in Ghana finds that a salesperson's looks and use of respectful titles like "Boss" or "Madam" are linked to what customers buy, and to whether they come back or recommend the store.
Researchers tested how four mental biases shape investor decisions and found that fear of regret outranked even fear of losses, reshaping how advisors might think about irrational financial behavior.
New research on 445 smartphone users finds that hating a rival brand is linked to lower, not higher, intentions to buy your own favorite brand. Love drives loyalty; hate may quietly undermine it.
A study of 227 business-to-business salespeople finds that a manager's fixation on the bottom line tends to spread to their team, but a salesperson's moral values and a higher share of fixed pay appear to protect customer relationships.
Science of Money is part of the PsyPost Media Inc. network.