noun the act of purchasing or acquiring something, especially with the understanding or agreement of a group or organization
verb to purchase or acquire something, especially with the understanding or agreement of a group or organization
In business, 'buy in' refers to the support or agreement of a group of people towards a decision or initiative. It is important to gain buy in from stakeholders before implementing a new strategy.
In education, 'buy in' refers to the engagement and involvement of students in their learning process. Teachers strive to create lessons that encourage student buy in and participation.
In sports, 'buy in' refers to the commitment and belief of players in the team's goals and strategies. Coaches aim to get buy in from their athletes to achieve success on the field.
In investing, 'buy in' refers to the act of purchasing a financial asset with the expectation of future profit. Investors look for opportunities to buy in at a low price and sell at a higher price.
In the publishing industry, writers often need to get buy in from editors and publishers for their book ideas or proposals.
Psychologists may need to get buy in from their clients or patients for treatment plans or interventions.
Project managers need to get buy in from stakeholders for project plans, timelines, and budgets.
Salespeople need to get buy in from potential customers for their products or services.
HR managers need to get buy in from employees for new policies, procedures, or training programs.