The Influence of Availability Bias in Marketing Strategy on People's Shopping

Authors

  • Kaiyuan Liu
  • Leyi Yao
  • Mingshu Zhang

DOI:

https://doi.org/10.54097/hbem.v10i.7941

Keywords:

accessibility; marketing strategy; the impact of bias.

Abstract

This paper mainly explained the influence brought by availability bias. The effect of availability bias can be significant, so it's used widely in advertising in many ways. So this essay discusses the likely effect of availability bias on consumers. Some advertisement that are related to availability bias are listed and evaluated. The questionnaire method was used by the team to conduct an investigation and thus reach the final conclusion. The research is aim to find out the negative effects of availability bias in advertisement and try making the public avoid it.

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References

Daniel Kahneman. Thinking fast and slow. Farrar, Startus, and Giroux. 2011.

Tversky, Amos, and Daniel Kahneman. Extensional versus intuitive reasoning: The conjunction fallacy in probability judgment. Psychological Review 90, no. 4 (1983), 293-315.

Tversky, Amos, and Daniel Kahneman. Availability: A Heuristic for Judging Frequency and Probability. Cognitive Psychology 5, no. 2 (1973)

Wigmore, Ivy. “Availability Bias.” Techtarget, Feb. 2017

Craig R. Fox(2006),The availability heuristic in the classroom: How soliciting more

Staff, M. (2021, September 29). Marketing’s Least Loved: Availability bias. Mumbrella.

Roguska, Z. (2022, January 23). What Is The Availability Effect? & Its Impact On Marketing. Peep Strategy. Retrieved September 12, 2022, from

Mahmoud Moradia, Mehdi Meshkib and Zeinab Mostafaeic (2013), A study on investors’ personality characteristics and behavioral biases: Conservatism bias and availability bias in the Tehran Stock Exchange

Simmonds, L., Bellman, S., Kennedy, R., Nenycz-Thiel, M., & Bogomolova, S. (2020). Moderating effects of prior brand usage on visual attention to video advertising and recall: An eye-tracking investigation. Journal of Business Research, 111, 241-248.

Farnam Street. (2021, July 9). The Availability Bias: How to Overcome a Common Cognitive Distortion. Retrieved September 12, 2022, from

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Published

09-05-2023

How to Cite

Liu, K., Yao, L., & Zhang, M. (2023). The Influence of Availability Bias in Marketing Strategy on People’s Shopping. Highlights in Business, Economics and Management, 10, 99-105. https://doi.org/10.54097/hbem.v10i.7941