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Nir Eyal NirAndFar.com 4 Ways to Use Psychology to Win Your Competition’s Customers Habits

4 Ways to Win Your Competitor's Customer Habits

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Page 1: 4 Ways to Win Your Competitor's Customer Habits

Nir Eyal

NirAndFar.com

4 Ways to Use Psychology to Win Your

Competition’s Customers Habits

Page 2: 4 Ways to Win Your Competitor's Customer Habits

Customer habits are a HUGE

competitive advantage. tweetable

tweetableWhen you see this bird, click it to send a quick tweet.

(don’t worry, you can still change the text before tweeting)

Page 3: 4 Ways to Win Your Competitor's Customer Habits

Companies win by

establishing strong

habits tweetable

Page 4: 4 Ways to Win Your Competitor's Customer Habits

First …

What is a habit?

Page 5: 4 Ways to Win Your Competitor's Customer Habits

Impulses to do

behaviors with little to

no conscious thought.

Habits are:tweetable

Page 6: 4 Ways to Win Your Competitor's Customer Habits

Using a product or

service automatically

For example:

Page 7: 4 Ways to Win Your Competitor's Customer Habits

Habit-Forming

Products have

HOOKS

Page 8: 4 Ways to Win Your Competitor's Customer Habits

HOOKS have 4 parts:

NirAndFar.com

Page 10: 4 Ways to Win Your Competitor's Customer Habits

There are FOUR ways to win

customer habits with better

HOOKS tweetable

Page 11: 4 Ways to Win Your Competitor's Customer Habits

1. Faster HOOKS

Page 12: 4 Ways to Win Your Competitor's Customer Habits

The faster users pass through a

HOOK, the greater the product’s

habit-forming potential

tweetable

Page 13: 4 Ways to Win Your Competitor's Customer Habits

vs.

For example :

Netflix won habits from Blockbuster

Get everyone in

the car, go to the

store, pick out the

movie, pay, drive

back home, watch.

The movie is sitting

on your counter

ready to watch.

Page 14: 4 Ways to Win Your Competitor's Customer Habits

2. More frequent HOOKS

Page 15: 4 Ways to Win Your Competitor's Customer Habits

Behaviors done more often

have a higher habit forming

potential

Studies show:

tweetable

Page 16: 4 Ways to Win Your Competitor's Customer Habits

When you remember you

need something AND

you’re at your computer.

Whenever you remember

you need something …

because you always have

your phone.

vs.

For example :Amazon mobile winning habits from Amazon web

Page 17: 4 Ways to Win Your Competitor's Customer Habits

3. More rewarding HOOKS

Page 18: 4 Ways to Win Your Competitor's Customer Habits

Products can change

habits when using them

feels better – the reward is

more rewarding.

tweetable

Page 19: 4 Ways to Win Your Competitor's Customer Habits

vs.

Knowing image

self-destructs means

people share more

interesting pics

Facebook is forever

so people share less

racy, funny, and

interesting images

For example :

Snapchat winning over Facebook users

Page 20: 4 Ways to Win Your Competitor's Customer Habits

4. Easier to enter

HOOKS

Page 21: 4 Ways to Win Your Competitor's Customer Habits

Removing barriers to entry

gets customers into your

HOOKS.

tweetable

Page 22: 4 Ways to Win Your Competitor's Customer Habits

• Complex

• Expensive

• Download

• Easy

• Free

• Cloud-based

For example :

Google docs takes on Office

vs.

Page 23: 4 Ways to Win Your Competitor's Customer Habits

Monopoly

of the mindWin with …

Faster

Higher Frequency

More Rewarding

Easier to enter

HOOKStweetable

Page 24: 4 Ways to Win Your Competitor's Customer Habits

Want more? These slides are based on an essay by Nir Eyal.

Click below to read the original article.

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