The Engaging Brand

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Anna Farmery

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How to motivate, inspire and engage people at work.

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Show #221 - Free Market Madness

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Today I talk with Peter Ubel about Free Market Madness, his new business book which looks at both the economics and the behaviourial aspects of free markets. I ask Peter

  • Whether free markets are still great in concept, despite the flaws.
  • What are the illogical forces that affect human behaviours
  • The importance of helping people with the choices they face.
  • How rational sides can win over the irrational sides of our personality
  • Is there a danger of the economic crisis preventing free markets in the future?
  • What do you need to develop to be able to prioritise better?
  • The ability to draw motivation from each other
  • Scarcity, novelty and price - the 3 factors that affect consumer purchasing decisions.
  • How regular small gains are better than one big gains.
  • Which promotional sales strategies work better - small and often or big and infrequent?
  • The importance of unpredictability in consumer happiness

If you have feedback for me on the show or topics that you would like me to cover then e-mail me at anna@theengagingbrand.com or join me on twitter !

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