Are You A Risk Taker?
The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth
Release Date: 01/13/2019
The Rise of Synthetic Audiences: Fast, Cheap… but Believable?
The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth
In this episode of The Intuitive Customer, Professor Ryan Hamilton is joined by Ben Shaw, seasoned brand strategist, to unpack the promises and pitfalls of synthetic audiences - AI-driven research used for faster, cheaper market research. Synthetic audiences, powered by large language models (LLMs), can replicate customer segments and respond to creative concepts or product questions at scale cutting the time and cost of traditional surveys. But does it come with trade-offs? Expect lively debate on the AI vs. LLM naming debate, the enduring value of ethnography and nuance, and practical...
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Are Your Salespeople Sabotaging Your Customer Experience?
The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth
Sales and Customer Experience—two critical functions that should work together, but too often operate at odds. This week, Colin and Ryan explore how traditional sales tactics can undermine long-term loyalty and create organisational silos. They share personal stories (including Colin’s car-buying nightmare) and practical advice for aligning sales with your desired customer experience. If you want to sell AND build trust, this episode is for you. Best Quote of the Episode: "If you can’t proudly stand behind the experience you’re creating, you’ve got a problem." — Colin Shaw Key...
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The New Currency of Customer Experience: 'People Like Me'
The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth
Trust in traditional institutions is eroding. As customers lose faith in advertising, government and even online reviews, they’re turning to voices that feel most relatable: peers and communities. Edelman’s latest Trust Barometer shows the most credible spokesperson for a company is now “people like me.” Ben Shaw and Professor Ryan Hamilton explore the decline of influencer credibility, the rise of community-driven word-of-mouth, the tension between authenticity and control, and why attention + trust will be the “coins of the realm” for brands in the decade ahead. 🔑 Key...
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Good Friction, Bad Friction: Why a Little Effort Makes Customers Care
The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth
Episode Overview When everything is one-click easy, do we lose something meaningful? Guest host Dr. Morgan Ward joins Dr. Ryan Hamilton to explore how the right amount of friction in the consumption experience can boost connection, meaning, and long-term use of the product—while the wrong kind just gets in the way. Quote of the Episode “Consumption, in some ways, has just gotten too easy.” — Dr. Morgan Ward 🔑 Key Takeaways Easier isn’t always better. Ultra-frictionless buying can strip away the identity, discovery, and accomplishment that make buying feel meaningful....
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I Signed a ‘Gag Order’. Here’s What It Taught Me About Organizations
The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth
In this episode, Colin Shaw shares a recent personal experience with a major brand that imposed a 'gag order' (NDA) after a poor service experience — and how this reflects a deeper organizational issue: silos. Together with Professor Ryan Hamilton, Colin explores why siloed thinking leads to incoherent customer experiences, how internal motivations can conflict with CX goals, and what leaders must do to ensure learning, trust, and advocacy remain priorities. A must-listen for CX professionals and senior leaders alike. Best Quote: "Who decides? That is the question every leadership team...
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The Thrill of the Chase: Why Anticipation Beats Ownership
The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth
Episode Overview Ever buy something you couldn’t wait to get—and then let it sit in the box for days (or weeks)? You’re not alone. Guest host Morgan Ward joins Ryan Hamilton to explore why we often love the pursuit of products more than the possession of them. From unopened tools and “someday” sweaters to the viral Stanley Cup craze, they unpack the psychology of anticipation, dopamine, and why the thrill fades once the package arrives. This episode reveals what’s really driving that “add to cart” impulse—and how brands can design experiences that move customers from wanting...
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When Rebrands Go Wrong: Lessons for Customer Experience Leaders
The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth
In this episode of The Intuitive Customer, Professor Ryan Hamilton is joined by guest host Ben Shaw to explore the high-stakes world of rebranding. From Cracker Barrel’s logo backlash to Jaguar’s radical design overhaul, they unpack what happens when brands chase new audiences at the expense of their loyal customers. The conversation dives into the tension between rebranding vs. repositioning, why heritage brands face special challenges, how politics and culture can hijack brand decisions, and practical lessons for leaders trying to grow without alienating their core base. Key Takeaways ...
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AI That Listens: Why Real-Time Feedback is the Future of Customer Experience
The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth
Summary Traditional customer feedback is broken. Post-call surveys and quarterly reports are too slow, cumbersome, and overly focused on the company’s needs rather than the customer’s reality. By the time insights land on a dashboard, the customer has already left—or worse, lost trust. In this episode of The Intuitive Customer, I (Colin Shaw) and Professor Ryan Hamilton sit down with Devidas Desai, SVP of Product Leader at ASAPP, to explore how AI that listens is reshaping the way organizations understand and respond to customers in the moment. We delve into why silence doesn’t mean...
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Brand Archetypes: Straightjacket or Springboard for CX?
The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth
In this episode of The Intuitive Customer, Professor Ryan Hamilton is joined by guest co-host Ben Shaw, Chief Strategy Officer at MullenLowe, to explore the enduring role of brand archetypes in marketing and customer experience. They revisit the origins of archetypes in Jungian psychology and the influential book The Hero and the Outlaw (Pearson & Mark), before debating how useful the framework remains today. Together, they discuss the power of archetypes to create consistency, unlock creativity, and guide internal decision-making while also recognizing their limitations, risks of...
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Your Customers are Lazy... and Bored: How to Use That to Your Advantage
The Intuitive Customer - Helping You Improve Your Customer Experience To Gain Growth
Your Customers are Lazy... and Bored: How to Use That to Your Advantage Show Notes: This week on The Intuitive Customer, Colin takes a step back and welcomes guest host Morgan Ward to explore one of psychology’s favourite contradictions: why customers cling to the familiar, yet crave novelty. From music playlists to yogurt purchases, from comfort food to product design, Colin and Morgan unpack why we’re wired for both—and how brands can use that tension to create better customer experiences. Best Quote from the Episode “Familiarity earns trust. Novelty earns attention. Get the...
info_outlineAre You a Risk Taker?
We all have varying levels of risk tolerance. When we shy away from risk, we call that risk-aversion. This episode of The Intuitive Customer discusses the concept of risk aversion and how it affects customers’ behavior in your Customer Experience.
People like sure bets better that come with less significant gains over risky ventures, even when the risky venture proposes a substantial benefit. We hate losing things. Losing things makes us much more upset than gaining things makes us happy.
So, if we are risk-averse by nature then we must always be risk-averse, right? Not so fast. Human behavior is rarely predictable, and our behavior regarding risk is no different. There are exceptions and variables that can change our risk preferences. We discussed the four influences on our tolerance for risk in this episode.
Four Influences on Our Tolerance for Risk:
- The presence of testosterone correlates with risk-taking. Research shows that when more testosterone is present in the body, people are more likely to engage in risky behavior. This correlation occurs in men and women alike.
- The way choices are presented changes our risk tolerance. We would rather hold on to what we have than commit to a sure loss. When decisions are framed in the context of gains, we choose the conservative options more often than the risky ones. However, when alternatives are framed in the context of losses, we will take more significant risks to avoid losses than when the options are framed as gains. This phenomenon is why bets get riskier at the horse track as the day wears on—and the losses pile up!
- The domain where the risk occurs affects our decisions. We might be willing to risk some of our hard-earned dollars at the track, but we are less likely to endanger things that are essential to our well-being, like our house or financial stability.
- The life stage we are at will affect our risk aversion. Depending on where you are in your life, and the related responsibilities that accompany that life stage will change how much risk you can tolerate. The chances you take as a young single person might be different than ones you take as a parent with a mortgage. People who are late in their career might be less willing to take on new areas than those who are just getting started. People who are close to retirement might not make the same investments as a kid opening their first retirement account, and so on.
To find out how you can apply these concepts in you Customer Experience, please listen to this episode.
The Intuitive Customer podcasts are designed to explain the psychological concepts behind customer behavior. As customer experience consultants, we see risk aversion show up in Customer Experience all the time. Listen in to hear how you can recognize risk aversion in your customers’ behavior and address it in your Customer Experience. If you would like to find out from one of our CX consultants how you can implement the concepts we discussed in your organization’s marketing to improve customer loyalty and retention, contact us at www.beyondphilosophy.com.
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Follow Colin on Twitter @ColinShaw_CX.