Psychology-Based Marketing Course Type Duration CEUs 3 Credits In-Person 2 Days Course Overview Presented with case studies from: To get big results in any market climate, you must understand consumer psychology and what really drives choices and loyalty, consciously and unconsciously. Marketing without psychological relevance falls short every time. This course is designed to introduce participants to the fundamentals of human psychology that have a big impact on response to marketing and purchasing behavior. The session will share insights about consumer psychology that drives behavior, the five critical elements for consumer happiness, what gets attention from the unconscious mind, what inspires our conscious behavior, and how to develop direct marketing campaigns that create engagement, loyalty, and brand passion. Partnerships will discover how the unconscious mind drives attitudes toward brands and their messages, and how to appeal to the psychological triggers of choice. Even experienced marketers will be surprised to learn how color, words, images, and other creative elements impact attitudes toward brands, engagement, and results. Beyond learning critical psychological fundamentals and theories upon which successful campaigns are built, participants will learn how to develop a step-by-step comprehensive marketing program utilizing these insights. The course will culminate by building an actual psychologically-relevant messaging strategy for one attendee. Upon enrollment for the course, an application for this free strategy component will be provided. Participants may submit their brand as the case study to be developed. The selected brand will be chosen by course instructors prior to the event based upon summaries submitted in advance. Topics Psychology that drives decision processes, attitudes, and behavior, e.g., Freud’s Id, Ego and Super Ego influences Fundamentals of Behavioral Economics and how these critical findings apply beyond the finance world Examples of emotionally powerful ads vs. entertaining ads that don’t sell Appealing to different consumer mindsets – the optimist, and the skeptic, and driving behavior amongst both The psychological impact of color, images and how different colors connect or disconnect consumers to your brand How creative unconsciously creates perceived brand attributes, good and bad Modeling and managing data to align with psychological influences Testing psychological appeals and data models Assessing data intelligence for long-term strategies Course Outline Day 1: 9:00 A.M. - 5:00 P.M. Please arrive 30 minutes early to check in. Introduction to Psychology and Human Behavior Core theories and principals every marketer must know about include: How we think What we seek Who and what we trust Consumer Psychology Color Psychology Behavioral economics fundamentals Marketing to the Irrational Mind Opposing Affective Systems Emotionally-Powerful Creative Approaches Examples of psychological relevance in direct marketing and techniques for maximizing various elements such as: Colors and fonts Message Offers Persona Framing Case Study: Increasing Revenues by 640% This case study will show how psychological relevance increased revenues over a control piece by 640% and achieved a 31x ROI for a completely unnecessary luxury product in the middle of an economic recession. Direct Feedback: Review of participant’s existing campaigns Each participant will be asked to bring an example of a current direct marketing campaign or mailer. We will review these pieces as a group and briefly assess the emotional impact of each to give each participant a starting point. This will occur as time allows. Components of Successful PBM Campaigns Discovery – research to identify emotional triggers Analysis of customer groups: emotional, generational, culture, age, demographic and other influencers Psychology profiles Data profiles Messaging strategies Creative for A/B tests or more Data analysis and modeling strategies Testing: Setting up a multi-variable test to determine best creative, offers, messaging and data strategies Day 2: 9:00 A.M. - 4:00 P.M. Psychological Profiling for the Marketing World Creating Psychological Profiles from Research, Data, and Human Nature Emotional references Generational, social, cultural, and education influences Levels of advisability Personality types within the category Values associated with defined lifestyles Responses to discovery surveys identifying the processes, needs and values associated with purchase Analysis of transactional and compiled data Data modeling for psychological relevance (Epsilon guest presenter) How to use data to understand customers better to improve offers, product lines, and create potential partnerships Using data analytics to create a balanced approach of reactivation and acquisition direct marketing which enhances overall ROI How to assess data-driven intelligence to better understand what customers are doing outside of what information is included in customer file Build a futures model based on “what if” scenarios for reactivation and acquisition Case Studies of Data Strategies that Increased Revenue, ROI, and LTV Epsilon guest presenter, Tim Prunk, Executive VP, Data Solutions The Power of Direct Marketing Understanding ROI of various marketing channels Measuring true results of direct marketing The Exponential Power of Personalization and Psychology-Based Marketing Personalization strategies for all budgets (Potential Xerox guest presenter) Case studies on how personalized direct marketing built on relevant data models and psychological relevance can take results through the roof Group Think: Build a psychologically relevant campaign for selected participant’s brand. As guest presenters are available, this exercise will cover messaging and positioning guidance along with insight on data and personalization strategies. Outline is subject to change. Registration Rates DMA member $1,399 Non-member $1,699 Instructor Jeanette McMurtry, MBA Jeanette McMurtry is an international author, columnist and sought after authority on consumer psychology and emotionally-based marketing strategies for businesses in all industries. Her sessions on how to appeal to triggers of the unconscious mind to influence consumer purchasing behavior and ignite passion for brands have earned high reviews from audiences around the world. Jeanette has trained and present to marketers throughout the Asia Pacific, and U.S., and regularly speaks at events for various groups and industries. She published a book on emotional marketing for McGraw-Hill titled, “Big Business Marketing for Small Business Budgets” which was published in English and Chinese and distributed world-wide. What sets her training programs apart is not only fascinating facts, data and case studies, but her ability to show audiences how to take these high level concepts and turn them into actionable, affordable marketing tactics that get results. Beyond speaking and training, Jeanette has been a columnist for several publications throughout the U.S., Australia, and China. She is a former radio talk show host for Voice America and is a frequent presenter for the Direct Marketing Association’s international conferences, American Marketing Association events nationwide, Xerox, MD Publishing and other professional groups. The best part of Jeanette’s training programs is that they are not just more theory and funny stories. They offer how-to ideas, tactics and strategies that can be easily and affordably executed by any level of marketing professional. To date, her approach has achieved ROIs as high as 3100% percent for a direct marketing campaign, beat a control piece by 640% and has significantly increased LTV for existing clients.
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