7 Flashcards
link correct persuasion principle
the obligation to give when you receive. People are more likely to say “yes” to those that they owe
reciprocity
link correct persuasion principle
people want more of those things they can have less off. So we value more of those things that have recently become less available.
scarcity
link correct persuasion principle
people’s perceived knowledge, power, and expertise is persuasive. Relying on expert opinions is often an effective decision-making shortcut
authority
link correct persuasion principle
people like to be consistent with the thing they have previously said or done. Foot in the door; getting a small initial agreement and then a bigger one
consistency
link correct persuasion principle
we are more likely to comply with requests made by people that we like than people that we don’t like
liking
link correct persuasion principle
people reference the behavior of others to guide their own behavior.
consenses
cognitive consistency =
cognitive dissonance =
c = we like our beliefs, values, behavior to be consistent d = we feel uncomfortable when these things aren't consistent
persuasion knowledge =
if someone’s persuasion knowledge is triggered, they defend against the persuasion technique
psychological reactance =
extreme reactions when people perceive freedom taken away
what are 3 recommendations for crowdfunding entrepreneurs?
- Promote openness
- Crowdfund early in the product development process
- Structure your campaign to attract as many backers as possible - even those who will contribute small sums.