How has the book 'Methods of Persuasion' influenced corporate strategies?

Small businesses can use the principles of persuasion to grow by applying psychological techniques to influence customer behavior. For instance, they can use the principle of perceived value, as illustrated in the book, where higher priced items are seen as having more value. By strategically pricing their products or services, small businesses can enhance their perceived value. Additionally, they can use other persuasion techniques such as social proof, authority, and scarcity to influence customer decisions and boost sales.

Potential obstacles companies might face when applying the principles of persuasion include resistance from the target audience, ethical considerations, and the risk of appearing manipulative. To overcome these, companies can ensure their persuasive efforts are based on genuine benefits to the customer, maintain transparency in their communication, and invest in building long-term relationships with their audience.