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UNTIL RECENTLY, THE WORLD HAS BEEN VIEWED THROUGH BROKEN
BINOCULARS.
NEOCLASSICAL ECONOMICS:“Humans are always rational! “
UNTIL RECENTLY, THE WORLD HAS BEEN VIEWED THROUGH BROKEN
BINOCULARS.
NEOCLASSICAL ECONOMICS:“Humans are always rational! “
TRADITIONAL MARKET RESEARCH:
“Humans can make hypothetical decisions”
• (Re)Introduce a simple framework to help put Behavioural Science at the heart of our thinking
• A process to develop Human-centred Behavioural Interventions
• Some examples of Behavioural Science in action for both social and commercial goals
What we’ll cover today:
BONDS Birthday ProjectINCENTIVE
Our responses to incentives are shaped by predictable mental shortcuts such as
strongly avoiding losses.
S C A R C I T Y L O S S AV E R S I O NW E P L A C E A H I G H E R V A L U E
O N T H I N G S W E P E R C E I V E T O B E I N L I M I T E D S U P P L Y
L O S S E S A R E T W I C E A S P O W E R F U L A S G A I N S
Consider the decision-making patterns of judges
Judges: Danziger, S., Levav, J., & Avnaim-Pesso, L. (2011). Extraneous factors in judicial decisions. Proceedings of the National Academy of Sciences, 108(17), 6889-6892.
BONDS Birthday ProjectCOMMITMENT
We seek to be consistent with our public promises and reciprocate acts.
OUR PROCESS OF INNERVATION
54
B E I N G M O R E C R E AT I V E W I T H T H E P S Y C H O L O G I C A L P O W E R O F A L L T H AT E X I S T S .
CHALLENGE How can we
reduce anti-social behaviour on the streets of
Woolwich following the London riots of 2011?
CHALLENGE How can we overcome the default of choosing beer
and wine in a bar to increase sales of spirits?
UNSEEN OPPORTUNITY
Adding behavioural nudges to drink menus increases the
selection of spirits based drinks, long mixed drinks and specific
brands/serves.
Messenger = +74% Social Norms = +85%
Nudge combinations = +146%
Sam Tatam Behavioural Strategy Director
Ogilvy Change
Daniel Bennett Senior Behavioural Strategist
Ogilvy Change