E-commerce store
Three R's of Growth
Implement retention strategies like personalized email campaigns or exclusive discounts, encourage customers to refer friends for discounts, and ask for product reviews to build trust with future buyers.
Similar Situations
Osborne Effect
Retail store expansions: Announcing new store locations without causing a decline in traffic to existing stores.
Checker Shadow Illusion
Package Design: Designing product packaging that stands out and communicates effectively on store shelves.
Gell-Mann Amnesia Effect
Reviewing educational curricula: Educators and curriculum developers can critically evaluate educational curricula, ensuring accuracy, relevance, and alignment with established principles of learning.
Availability Bias
Job Satisfaction: Avoid assuming a company is toxic based on one employee's negative viral story.
The Four Chronotypes
Strengthening Friendships: Planning social events based on chronotype preferences (e.g., Bears enjoy brunch, Wolves love late-night hangouts).
Three R's of Growth
Event Planning: Build a network of repeat clients by exceeding expectations, encourage them to refer others for future events, and collect glowing testimonials to showcase your expertise.
Belbin's Nine Team Roles
Assigning Roles in a New Project: Coordinator delegates based on team members’ strengths (e.g., Specialist for technical expertise, Resource Investigator for external partnerships).
Flea In a Jar
Managing Health After Diagnosis: A scary diagnosis doesn’t end the story. Lifestyle changes and mindset shifts can still yield powerful results.
Placebo Effect
Mood Enhancement: Employing positive affirmations and visualization to elevate mood and emotional state.
Milgram Experiment
Consumer Rights: Empowering consumers to question authority figures (e.g., salespeople) when making purchases.