94. People may care about time more than they care about money

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Flowchart on 94. People may care about time more than they care about money, created by Tiffany Griffith on 08/03/2017.
Tiffany Griffith
Flowchart by Tiffany Griffith, updated more than 1 year ago
Tiffany Griffith
Created by Tiffany Griffith about 7 years ago
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Resource summary

Flowchart nodes

  • Study on Consumers Regarding Time and Money
  • Take a 5 minute survey and earn a $10.00 gift card
  • Spend $5.00 and earn a $10.00 gift card
  • Out of a study of 100 people, 75% of people chose to take a survey to earn a gift card
  • Out of a study of 100 people, 25% of people chose to spend money to receive a gift card
  • Study shows that consumers would rather spend time than spend money to receive benefits. People value their time on a personal connection. When regarding time spent to complete a survey the survey is considered a personal connection between the consumer and the product.
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