Online retail shop

Three R's of Growth

Three R's of Growth

Offer discounts to repeat customers, incentivize them to refer others through referral programs, and request reviews on product pages to boost sales from new shoppers.

Similar Situations

Decoy Effect

Decoy Effect

Online shopping: Understanding the decoy effect can help you make better purchasing decisions when shopping online, by evaluating products based on their merits rather than the presence of less attractive alternatives.
Anchoring

Anchoring

Online shopping: Be aware of how prices displayed on comparison websites can anchor your expectations and lead to impulsive decisions.
Three R's of Growth

Three R's of Growth

Home Cleaning Service: Retain clients with subscription cleaning plans, offer referral discounts for new client introductions, and gather online reviews to build trust in your services.
Milgram Experiment

Milgram Experiment

Online Interactions: Encouraging critical thinking and skepticism in the face of misinformation or online manipulation.
Confirmation Bias

Confirmation Bias

Online debates: Being aware of confirmation bias can lead to more civil and productive online discussions.
Availability Bias

Availability Bias

Online Scams: Don't assume you're immune to online fraud because you've never personally experienced it.
Outgroup Homogeneity Bias

Outgroup Homogeneity Bias

Online discussions: Identifying this bias can lead to more constructive and respectful conversations in online forums or social media platforms.
Five Stages of Tribal Leadership

Five Stages of Tribal Leadership

Online Communities: Administrators of online forums or communities can use these stages to foster a more positive and supportive digital environment.
In-Group Favoritism

In-Group Favoritism

Online interactions: Recognizing in-group favoritism can help you avoid biased judgments and foster more constructive interactions in online forums or social media.
False Consensus Effect

False Consensus Effect

Online interactions: Recognizing the false consensus effect can help you engage in more constructive online discussions, avoiding assumptions about others' beliefs and opinions.