When you tell a customer something is 125% better, they’ll think it’s only 25% better.
This is the Off by 100% Bias.
That new Black & Decker vacuum cleaner that claims to last 125% longer? Its performance will seem underwhelming.
Telling people their energy usage is 108% more than other households? They’lll underestimate how much of a power hog they are.
Of course, increasing their prices by 110% is likely to be underestimated, too. That is, until they get your bill!
If you want your number to have an impact, the lesson is to describe the improvement as a frequency rather than a percentage.
For instance, saying something "lasts 2 times as long" or has "double the power" is likely to be more impactful than saying it lasts "100% longer" or is "100% more powerful."
P.S. Did you notice in the video I incorrectly used 200% for double the performance? 😱
See Just Do This for more.
Ref: Matthew Fisher, Milica Mormann, The Off by 100% Bias: The Effects of Percentage Changes Greater than 100% on Magnitude Judgments and Consumer Choice, Journal of Consumer Research, Volume 49, Issue 4, December 2022
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