The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics cover art

The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

By: Melina Palmer
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About this listen

Consumers are weird. They don't do what they say they will do and don't act how we think they "should." Enter Melina Palmer, a sales conversion expert with a personal mission to make your business more effective and brain friendly. In this podcast, Melina will take the complex concepts of behavioral economics (the study and science of why people buy - or not) and provide simple, actionable tips you can apply right away in your business. Whether you're a small business or thriving corporation, Melina's tips can help your business increase sales and get more customers.TheBrainyBusiness Economics Marketing Marketing & Sales Science Social Sciences
Episodes
  • 550. The Power of Questions: Avoiding the Biggest Mistake in Business
    Nov 18 2025

    In this episode of The Brainy Business podcast, Melina Palmer revisits a foundational lesson that underscores the importance of understanding the problems we face before jumping to solutions. Drawing from her extensive experience, Melina emphasizes that the quality of your results is directly linked to the quality of your questions. This episode serves as a powerful reminder that taking the time to define the problem can lead to more effective and innovative solutions.

    Listeners will explore common pitfalls in problem-solving, such as the tendency to rush towards fixes without fully grasping the underlying issues. Melina shares compelling examples, including how behavioral economics can transform challenges into opportunities, illustrating how reframing the way we approach problems can lead to remarkable outcomes. From the success of the litter lottery initiative to the insights gained from her own experiences in marketing, this episode is filled with practical advice and thought-provoking concepts.

    As you listen, reflect on your own problem-solving strategies and consider whether you're truly addressing the right questions. This episode is not just a celebration of 550 episodes but also a call to action for anyone looking to enhance their decision-making processes and drive meaningful change.

    In this episode:

    • Understand the critical importance of defining problems before seeking solutions.
    • Learn how behavioral economics can create effective and engaging strategies for change.
    • Explore real-world examples that illustrate the power of reframing challenges.
    • Reflect on your own approach to problem-solving and ask better questions.
    • Gain insights into how to make change feel easier and more achievable.

    Get important links, top recommended books and episodes, and a full transcript at thebrainybusiness.com/550.

    Looking to explore applications of behavioral economics further?

    • Learn With Us on our website.
    • Subscribe to Melina's Newsletter Brainy Bites.

    Let's connect:

    • Send Us a Message
    • Follow Melina on LinkedIn
    • The Brainy Business on Youtube
    • The Brainy Business on Instagram
    Show More Show Less
    25 mins
  • 549. How Ads Shape Our Choices
    Nov 13 2025

    In this episode of The Brainy Business podcast, Melina Palmer welcomes Alessandra Di Lorenzo, author of the thought-provoking book Adjust: How Ads Shape What We Think and Do. With over 20 years of experience in advertising and marketing, Alessandra sheds light on the often unseen mechanisms of advertising and how they influence our decisions and perceptions.

    Listeners will discover how advertising shapes our reality, often without us even realizing it. Alessandra discusses the evolution of advertising, the role of data in creating targeted messages, and the implications of AI on consumer behavior. She emphasizes the importance of understanding your audience and crafting messages that resonate, especially for small business owners competing in a crowded market.

    The conversation dives into practical tips for leveraging digital advertising tools and the value of being intentional with our attention as consumers. Alessandra also addresses the shifting landscape of content consumption and the need for creators to adapt in a world where traditional advertising models are under pressure.

    In this episode:

    • Explore the hidden infrastructure of advertising and its impact on consumer behavior.
    • Learn how to effectively engage with your audience and create relevant messaging.
    • Understand the importance of data in advertising and how AI is changing the landscape.
    • Get practical advice on using digital tools for advertising as a small business owner.
    • Reflect on your role as a consumer and how your choices shape the content ecosystem.

    Get important links, top recommended books and episodes, and a full transcript at thebrainybusiness.com/549.

    Looking to explore applications of behavioral economics further?

    • Learn With Us on our website.
    • Subscribe to Melina's Newsletter Brainy Bites.

    Let's connect:

    • Send Us a Message
    • Follow Melina on LinkedIn
    • The Brainy Business on Youtube
    • The Brainy Business on Instagram
    Show More Show Less
    42 mins
  • 548. The Sneaky Impact of Negativity Bias
    Nov 11 2025

    In this episode of The Brainy Business podcast, Melina Palmer explores the intriguing concept of negativity bias and its profound impact on our decisions, relationships, and self-perception. Have you ever noticed how a single negative experience can overshadow a day filled with positive moments? Melina explores the science behind this bias, shedding light on why our brains are wired to focus more on the negative than the positive, a trait that has roots in our evolutionary history.

    Listeners will discover the four key aspects of negativity bias: negative potency, steeper negative gradients, negative dominance, and negative differentiation. Through engaging anecdotes and relatable examples, Melina illustrates how these factors can shape our experiences and perceptions, often leading us to overlook the good in our lives and work. She also shares her favorite metaphor about cherries and cockroaches, highlighting how one negative element can contaminate an otherwise positive experience.

    This episode is packed with practical insights on how to recognize and mitigate the effects of negativity bias in your personal and professional life. Melina encourages you to reflect on your own experiences and consider how you can shift your focus to embrace the positives while learning from the negatives.

    In this episode:

    • Understand the concept of negativity bias and how it influences your daily decisions.
    • Learn about the four aspects of negativity bias and their implications for your life and work.
    • Explore the powerful metaphor of cherries and cockroaches to illustrate the impact of negative experiences.
    • Gain practical strategies to counteract negativity bias and foster a more positive outlook.
    • Reflect on your relationships and experiences to identify areas where negativity bias may be affecting you.

    Get important links, top recommended books and episodes, and a full transcript at thebrainybusiness.com/548.

    Looking to explore applications of behavioral economics further?

    • Learn With Us on our website.
    • Subscribe to Melina's Newsletter Brainy Bites.

    Let's connect:

    • Send Us a Message
    • Follow Melina on LinkedIn
    • The Brainy Business on Youtube
    • The Brainy Business on Instagram
    Show More Show Less
    36 mins
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