Behavioral Finance
The study of how psychological influences affect financial behaviors and decision-making.
The study of how psychological influences affect financial behaviors and decision-making.
Also known as Self Relevance Effect, the tendency for individuals to better remember information that is personally relevant or related to themselves.
The perception of a brand in the minds of consumers, shaped by interactions and experiences with the brand.
The study of psychology as it relates to the economic decision-making processes of individuals and institutions.
The initial interaction a customer has with a brand.
A phenomenon where people fail to recognize a repeated item in a visual sequence, impacting information processing and perception.
A cognitive bias where individuals better remember the most recent information they have encountered, influencing decision-making and memory recall.
Lifetime Value (LTV) is a metric that estimates the total revenue a business can expect from a single customer account throughout their relationship.
The process of evaluating and categorizing potential customers based on their likelihood to purchase.