A psychological bias is a systematic pattern of deviation from norm or rationality in judgement, whereby inferences about other people and situations may be drawn in an illogical fashion.
Biases are influenced by a variety of factors including social, cognitive, and emotional aspects. They often lead individuals to make decisions or take actions that are not entirely based on reason or logic but are instead influenced by preconceived notions, experiences, or preferences.
In other words, a bias is like having a favourite or a habit in thinking. It’s when your brain takes a shortcut and makes a quick decision without considering all the details or options.
Here are some commonly used biases (and a few other concepts and approaches) and how they can be applied to marketing strategy and tactics:
Table of contents
ToggleThe first piece of information people receive tends to influence their decision-making. In pricing strategies, showing a higher original price next to a sale price can make the deal appear more attractive.
People tend to respect and follow the opinions of authority figures or experts. Using expert endorsements, influencer partnerships, or highlighting awards and recognitions can leverage this bias.
The tendency of people to adopt certain behaviours, styles, or attitudes simply because others are doing so. Highlighting trends, popularity, or widespread acceptance can motivate others to follow suit.
When presented with too many options, people find it difficult to make a decision, which can lead to dissatisfaction. Simplifying choices and guiding the customer through the decision-making process can improve conversion rates.
People tend to favour information that confirms their existing beliefs or hypotheses. Tailoring messages that align with the target audience’s existing beliefs can make marketing campaigns more effective.
Once people commit to something, they’re more likely to go through with it. Encouraging small initial commitments (like signing up for a newsletter) can lead to larger commitments (like making a purchase) later.
People with low ability or knowledge in a particular area tend to overestimate their own ability or knowledge. Educative marketing that provides clear and helpful information can guide such consumers to make more informed choices.
People tend to change their preference between two options when presented with a third option that is asymmetrically dominated. Offering three products, where one is clearly superior to the other two, can guide consumers to choose the more profitable or desirable option.
People ascribe more value to things merely because they own them. Encouraging a sense of ownership (e.g., through trials or virtual ‘ownership’ experiences) can increase perceived value and attachment to a product.
People react differently to choices depending on how they are presented or “framed.” Presenting information in a positive frame (e.g., “95% fat-free” vs. “5% fat”) can influence consumer perception and decision-making.
People’s perception of one trait (like attractiveness or professionalism) influences their perception of other traits. Ensuring high-quality, professional branding and presentation can positively impact perceptions of product quality and value.
People prefer to avoid losses rather than acquire equivalent gains. Marketing campaigns that emphasize what consumers might lose by not purchasing (e.g., “Don’t miss out on this opportunity”) can be more effective than those that focus on what they might gain.
People tend to develop a preference for things merely because they are familiar with them. Repeated exposure to a brand or product through various marketing channels can increase consumer preference.
Negative experiences or emotions generally have a greater effect on one’s psychological state and processes than neutral or positive things. Managing and responding promptly to negative reviews or feedback can significantly impact brand perception.
Individuals tend to believe that they are less likely to experience negative events compared to others. Highlighting positive outcomes and benefits in marketing can leverage this bias.
Offering too many choices can lead to decision paralysis and decreased satisfaction. Streamlining product offerings and guiding customers with curated choices can enhance the decision-making process.
Exposure to one stimulus influences a response to a subsequent stimulus, without conscious guidance. Using specific imagery, language, or themes in marketing can subconsciously steer consumer reactions and associations.
People feel obliged to return favors. Offering free samples, trial periods, or valuable content can trigger this bias, making customers more willing to make a purchase or spread word of mouth.
People perceive scarce items as more valuable. Limited-time offers, exclusive products, or highlighting low stock can create a sense of urgency, prompting quicker purchase decisions.
People often look to others when making decisions. Highlighting popular products, showcasing testimonials, user reviews, and endorsements can leverage social proof, encouraging others to follow suit.
