Practice Loss Aversion - 4.7.2 | Conversion Rate Optimization & Landing Page Design | Digital Marketing Advance
K12 Students

Academics

AI-Powered learning for Grades 8–12, aligned with major Indian and international curricula.

Academics
Professionals

Professional Courses

Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.

Professional Courses
Games

Interactive Games

Fun, engaging games to boost memory, math fluency, typing speed, and English skillsβ€”perfect for learners of all ages.

games

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define loss aversion in your own words.

πŸ’‘ Hint: Think about how you feel when you lose money versus gaining money.

Question 2

Easy

What does FOMO stand for?

πŸ’‘ Hint: Consider the feelings you experience when you think others are enjoying something you're not.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is loss aversion?

  • A preference for gains over losses
  • A preference for avoiding losses over acquiring equivalent gains
  • An equal preference for gains and losses

πŸ’‘ Hint: Consider how you feel about losing money versus gaining money.

Question 2

True or False: Loss aversion only applies to monetary values.

  • True
  • False

πŸ’‘ Hint: Think broader than just physical money.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Suppose a company offers a 20% discount on a premium product for a limited time. Discuss how loss aversion may affect the purchasing decision of a customer when faced with this offer.

πŸ’‘ Hint: Consider emotions tied to perceived savings.

Question 2

Analyze a marketing campaign that promotes a free trial for a subscription service. Discuss how loss aversion is applied in this context.

πŸ’‘ Hint: Think about the implications of access over time.

Challenge and get performance evaluation