Understanding Behavioral Economics in Sales Core Principles of Behavioral Economics: Behavioral economics combines insights from psychology and economics to understand how psychological factors influence economic decision-making . Unlike neoclassical economics, which assumes rational actors, behavioral economics acknowledges that human decisions are often influenced by cognitive biases, heuristics, and emotions. Application to Sales: In a sales context, this means understanding that customers do not always make perfectly rational choices based solely on price or features. Their decisions are swayed by perception, framing, social influence, and emotional responses. Sales training informed by behavioral economics aims to equip salespeople with techniques to leverage these psychological insights ethically to influence customer behavior.
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Specifications
Book Details
Title
Is training Good method To Raise Salesperon Skill
Imprint
Notion Press
Product Form
Paperback
Publisher
Notion Press
Genre
Business & Economics
ISBN13
9798885910859
Book Category
Economics, Business and Management Books
BISAC Subject Heading
BUS058000
Book Subcategory
Business and Management Books
Language
English
Dimensions
Width
6 in
Height
0.83 in
Length
9 in
Weight
0.61 kg
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