Russell Andrews: Gamification - winning hearts and minds

Building loyalty

clock • 5 min read

Gamification is about identifying what triggers something inside all of us to act or change our behaviour during a specific experience, writes Russell Andrews. Here he explains why advice firms need to get involved...

Combining finance and behavioural science is nothing new. In fact, it's been a mainstream topic of discussion and a key part of business and product design for well over a decade now. However, we have not yet truly maximised its potential to activate subconscious triggers. One way in which behavioural science is permeating wealth management is through the pervasive use of "game theory" or "gamification."  Gamification is often misunderstood, as it's frequently used too literally, focusing on making a product or a solution look and feel like a game through styling, graphical design or ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

PA Management Retreat: Check out our 2024 photo gallery

PA Management Retreat: Check out our 2024 photo gallery

Take a look back at our second residential adviser event

Professional Adviser
clock 23 May 2024 • 1 min read
Networks must make switching process easier for IFAs

Networks must make switching process easier for IFAs

'Moving networks is not something that IFAs should do lightly'

Ahmed Bawa
clock 22 May 2024 • 4 min read
All the advice firm acquisitions that have taken place in 2024

All the advice firm acquisitions that have taken place in 2024

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 17 May 2024 • 1 min read