ELI5: Explain Like I'm 5

Byron Sharp

Byron Sharp is a clever man who studied how companies sell things to people. He found out that there are a lot of myths about how to sell things, like how advertisements need to be very creative and emotional to be effective. But he discovered that most people actually buy things because they are familiar with them, not because they have seen a really good advertisement. This means that even if an advertisement isn't very exciting, people might still buy a product if they've seen it a lot before.

He also learned that people tend to be very loyal to certain brands, and they will usually keep buying those brands unless something goes wrong. So, if someone likes a certain type of soda or cereal, they will usually keep buying that same brand over and over again.

But why do people stick to certain brands? It's not just because they like the taste or the product itself. It's actually because they remember the brand's name and logo, and they associate it with good memories or experiences. So, if someone had a good experience eating a certain type of candy when they were younger, they will most likely continue to buy that candy even when they are older, because it makes them feel happy and nostalgic.

So, the most important thing for companies to do to sell things is to make sure people remember their brand's name and logo. This means advertising the product a lot, and making the brand name and logo really easy to recognize. And even if the advertisements aren't super exciting, people are more likely to buy the product just because they are familiar with it. That's the magic of Byron Sharp!