All content for The Customer Experience Lab is the property of Fabricx and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Short-term wins, Long-term losses: The hyperbolic discounting of modern marketing
The Customer Experience Lab
13 minutes
2 months ago
Short-term wins, Long-term losses: The hyperbolic discounting of modern marketing
Why we trade the future for a quick win. And what it’s costing us?
We explore how the behavioural bias of hyperbolic discounting is fuelling short-termism in modern marketing, and our own actions. from to slashed brand budgets.
Why Buy-Now-Pay-Later schemes are so powerful
How to lay golden-eggs
Why Netflix continues to beat the gym
How behavioural design revolutionised pensions
If you're trying to get the right balance between brand and performance, then this should give you some food for thought. Further reading from the show includes:
Binet & Field - The Long and the Short of it
Laibson - Golden Eggs and Hyperbolic Discounting
Thanks for listening. Don’t miss out on your copy of Fabricx’s Behavioural Bias Framework https://fabricx.agency/
Connect with us!
Instagram: @fabricxlabs
LinkedIn: https://www.linkedin.com/company/fabricxagency
LinkedIn: https://www.linkedin.com/in/si-elliott/