People, Preferences & Prices: Sequencing the Economic Genome of the Consumer Mind

Author(s): Eugene Galanter, Howard Moskowitz and Matthias Silcher

DOI: 10.2174/978160805249311101010226

What Messaging Drives a Desire to Invest... or What Should you say About the Company?

Pp: 226-233 (8)

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Abstract

SHS investigation development is considered from the geographical and historical viewpoint. 3 stages are described. Within Stage 1 the work was carried out in the Department of the Institute of Chemical Physics in Chernogolovka where the scientific discovery had been made. At Stage 2 the interest to SHS arose in different cities and towns of the former USSR. Within Stage 3 SHS entered the international scene. Now SHS processes and products are being studied in more than 50 countries.

Abstract

In this chapter we’re dealing with the psychology of messaging, not the psychology of the dollar value. All companies look for messages which appeal to people. It is just about which messages appeal more (but positively), and which messages appeal less (but also positively). The big idea is performance. The emphasis on performance appears to work when we deal with stock purchasing as a service on-line. People are not interested in warm fuzzies, or in being part of a group, or in being patronizingly rewarded for knowing what to do. It’s their money; they know the value of what they have. The bottom line is good service, low prices, and convenience.

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