Neuroeconomics for Luxury Client Influence

This program introduces key concepts from neuroeconomics to effectively influence and persuade luxury clients by understanding the interplay of their emotional and rational brains in decision-making.

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Program Modules

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Understanding the Dual Brain in Luxury Decisions

Explore the fundamental concept of the emotional and rational brain systems and how they influence luxury purchase decisions.

Phase 1: Activate the Emotional Brain

DAILY

Learn to connect with clients on an emotional level by understanding what truly drives their desire in luxury purchases.

Phase 2: Reassure the Rational Brain

DAILY

Implement techniques to alleviate client concerns related to price and perceived risk, framing the purchase as a valuable investment.

Action: Personalize Your Approach

DAILY

Apply the learned principles by tailoring your communication to individual client desires and values.

What You'll Accomplish

  • Understand the dual-process theory of decision-making (emotional vs. rational brain).
  • Identify how emotional drivers influence luxury client decisions.
  • Apply storytelling and experiential selling techniques to engage the emotional brain.
  • Implement strategies to reframe price as value and reduce perceived risk for rational evaluation.
  • Utilize concepts like social proof, loss aversion, and reward framing to influence decisions.
  • Personalize communication to align with individual client values and desires.