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Rich Mazzola

Rich Mazzola is a senior digital marketing specialist at Experian Data Quality working to create great experiences online for our users. Rich focuses on paid media, ecommerce and user experience. 

3 behavioral economics principles for digital marketers

Richard Thaler describes the origins of economics, “Economic models have substituted the human being, or Homo sapiens, for “a fictional creature called Homo economicus,” or “Econ,” a perfectly rational decision maker who always optimizes.”

It should be clear that there is quite a large assumption in the basis of economic theory: it’s based on a perfectly rational decision maker who always optimizes.

So how can digital marketers use this information to convert more users?