This week, we delve into the fascinating world of advertising, exploring how ads influence our consumer behavior.
We'll go beyond the traditional view of ads as tools that target our individual emotions, using Pavlovian conditioning to make us buy things. Instead, we will examine the social dynamics at play, particularly the third-person effect, where we believe that others are more susceptible to ads than we are.
We'll uncover how lifestyle ads work by associating products with cultural ideas and images, and how this influences our consumption of social products. We'll also discuss how advertisers use these strategies to target non-buyers, creating envy and shaping brand perceptions in the broader culture.
Get ready to rethink how you perceive advertising, and how you might be impacted by it.
Source: The Elephant in the Brain: Hidden Motives in Everyday Life by Kevin Simler & Robin Hanson
