Chicago Booth logo

The University of Chicago Booth School of Business

Skip navigation
AboutContactVisitBooth Home

<< Sales Leaders' Roundtable News

How to Combat Too Much Information

Between the proliferation of media channels and other information sources�most notably the Internet�it has become increasingly harder for marketers to reach consumers, panelists agreed at the Sales Leaders' Roundtable at Gleacher Center on January 12. Cosponsored by the GSB Marketing Roundtable, �The Psychology of Motivation� featured Richard Grunsten, president of GSP Marketing Services, Inc., and Michael Barr, director of sustainable solutions for The Chicago School of Professional Psychology.

�Over 86 percent of people are engaged in doing something else when watching TV,� Grunsten said, noting that studies show only 50 percent of advertising is effective. �The problem is that we just don't know which half.�

Barr, an organizational psychologist, described what it would take to address the challenges successfully. �The key is getting the individual to participate,� he said. �You want to persuade people to change their behavior. What you use�your ad, your store, your office, your presentation�tells a story. You need to understand how to make your story resonate.�

Successful persuasion is the result of �fit', the effect of brand image, Barr said. �It's a proxy for quality. Your job is to make sure that when a person comes into contact with your brand, they have positive associations and experiences.� When two items are identical, the one with the better fit will be chosen, Barr said. �You need to create the story so the person watching can put themselves in it and feel the fit.�

 

�Donna Eckert


Sales Leaders' Roundtable
Quick Links


Think Tank?

More like Think Battleship
Ideas from Chicago Booth faculty change business, public policy, and the world.

Get the latest
Booth Thinking