Men in Pink Pull Profuse Paychecks

Men who wear pink shirts earn £1,000 more, a new study finds.

Photo from photoXpress

Pink is unusual for men, isn’t it? It is a question of a man’s masculinity. The color is too pretty for a gallant character he portrays.

But it takes confidence to wear light colors. Men in pink don’t have insecurities having a pink bearing above his skin.

A new study reveals that men who wore pink earns £1,000 more yearly. Compared to those who wear the traditional colors, these men are better qualified yet half of them take the public transportation to work, leaving a lower carbon footprint.

The same study reveals that men in pink are twice as likely to hold a Master’s degree. 10% of pink wearers have a PhD extension on their name.

And the ladies love the pink color. Men in pink get more compliments and romances from female colleagues.

Pink is historically a man’s color. Men, for centuries, dress more elaborately than women.  The noble knights and celebrated kings wore exaggerated clothes. In the late 18^th century, pink was common shade for a man, says Bronwyn Cosgrave, author of Costume & Fashion: A Complete History.

Today, men are coming back to a freer fashion.  One in four men feels more attractive when in pink. “Pink is a colour more men have been embracing recently and it’s encouraging that they are not afraid to experiment with brighter colours”, added Stephanie Thiers-Ratcliffe, International Marketing Manager for Cotton USA.

Another color deemed feminine before was purple. But in today’s society, men in purple shirts get the most pay raise, and are more likely to drive a car worth £20,000 or more.

The generalization that “pink is for women and blue is for men” is diffusing. Pink, blue and any other color is now for men and women.

What color of clothes you look best with?

Sources:
Men in the pink; BBC News
The power of pink: Men who wear shirts of that colour earn £1,000 a year more than those who don’t; Daily Mail UK
Men in pink shirts are “better qualified and have more office romances”, says study; London loves Business

The Psychology of 9.99, 10 and 1200

People think an item is way cheaper when priced at $9.99 rather than $10.

Photo from Photoxpress

Price tags ending with .99 rule the stores. They are prevalent wherever you shift your view. Ever wonder why retailers do that? And you can expect certain category of products and services with price ending in 0, like $10 or $400. Even the emission of the comma in 1200 is a result of pricing studies.

9.99s

9 has a pricing power. Any item that ends with .99 speaks out “great value”, “sale” and “discount”. Buyers think that it’s the lowest price it could ever have.

People round $9.99 as $9 instead of $10. Researchers call this the left-digit effect. Everybody that has a brain is susceptible to think that way because that’s just how human minds work. And we are more led to round prices on the left digit because we see .99 innumerable times.

William Poundstone on his book Priceless analyzed eight different studies on .99 prices and found that sales increase by 24% on .99 prices compared to the 10s. Kenneth J. Wisniewski from the University of Chicago conducted another study at a local grocery chain:  sales of margarine increased by 65% when price was dropped from 89 cents to 71 cents; but it increased by 222% when dropped to 69 cents!

People buy more when the price ends with 9. That’s why we see a lot of .99s.

10s

A tipped polo from Neiman Marcus is priced at $150, while a Dolce & Gabbana leopard print bag is priced at 3,425.00. Both prices are ending with 0, and both products are high end. An item whose price ends with 0 communicates premium quality.

People get satisfaction on owning an expensive product. People are convinced that prices ending with 0s are upscaled; and prestige brands love it that way. Companies wanted to keep the reputation on their products so not all can buy it and those who can buy it will love buying it.

1200s

How they write it affects how you buy it. The longer the price appears, the more expensive we perceive. This is the reason why restaurants minimize the price on their menu with 29 rather than $29.99.

Commas and cents make the price longer; hence, increasing the magnitude of the price (at least according to our brain). 1200 seemed to appear cheaper than 1,200.00. There are less words in “twelve hundred” than in “one thousand two hundred”, so we think of 1200 as less.

Did .99s lured you?

Sources:
The Psychology Behind The Sweet Spots Of Pricing; Fast Company
Pricing Psychology: 7 Sneaky Retail Tricks; CBSNews
5 Psychological Studies on Pricing That You Absolutely MUST Read; Kiss Metrics
Party Like It’s 19.99: The Psychology of Pricing; Wise Bread
An Easy Way to Make Your Prices Seem Lower; Neuromarketing

Squeezing a Ball Improves Sports Performance

Audience screams, cheers, and reacts to athletes’ performance; and athletes make mistakes when they think about it.

Photo from Photoxpress

Several athletes in the Olympics perfect their moves over years but they make mistakes on the day of show. It happens to the most of us. We prepare for a long time but on the exact time we should perform, we gag and choke. We make mistakes we have never committed when we are practicing. This is a familiar feeling to athletes because eyes are on them in every sporting event.

The source of the blunder is when athletes started thinking of their own movements instead of relying on their body’s motor capabilities. Overthinking can intervene with concentration and performance of motor tasks.

For the athletes who aren’t used to the pressure of an audience yet, squeezing a ball or clenching a hand may help. According to the new research published in the Journal of Experimental Psychology: General, doing so before the competition will activate certain parts of the brain.

But it has to be the left hand. In the study, right handed athletes who squeezed a ball using the left hand have lower chances of choking than right handed athletes who squeezed a ball using the right hand. This may be due to the system of our brain’s supervision, where the right brain controls the left part of our body – the side of the brain that directs automated and instinctive behaviors.

The idea is to distract athletes from thinking. “Athletes usually perform better when they trust their bodies rather than thinking too much about their own actions or what their coaches told them during practice”, said Juergen Beckmann, PhD, chair of sport psychology at the Technical University of Munich in Germany.

This technique may also be applied outside athletics, especially in pressing situations.

Do you think this will work for you?

Sources:
Squeezing a ball before competition may improve performance, study finds; American Psychological Association
Do You Choke Under Pressure? A Routine That May Help; PsychCentral
Sporting skill improved by just a simple squeeze; drbriffa