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21 November 2007 Richard Sedley, cScape Customer Engagement Director Key words: conversion, marketing, persuasion, motivation, web2.0 customer engagement, credibility, cscape, e-consultancy The role of persuasion in online conversion E-consultancy Online Marketing Masterclass: Conversion Keynote

Increasing conversions using the Science of Persuasion

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Conversion Keynote from the E-consultancy Online Marketing Masterclass.

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Page 1: Increasing conversions using the Science of Persuasion

21 November 2007Richard Sedley, cScape Customer Engagement Director

Key words:

conversion, marketing, persuasion, motivation, web2.0

customer engagement, credibility, cscape, e-consultancy

The role of persuasion in online conversion

E-consultancyOnline Marketing Masterclass: Conversion Keynote

Page 2: Increasing conversions using the Science of Persuasion

What’s the most powerful page

on your website?

Page 3: Increasing conversions using the Science of Persuasion

Utility

The conversion triangle

PersuasionUsability

Page 4: Increasing conversions using the Science of Persuasion

The goal of persuasion is to change someone’s attitudes or behaviour.

Make them comply with a request using an understanding of human psychology

What is persuasion?

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• Credibility

• Social proof

• Storytelling

• Timing

Overview

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Elaboration Likelihood Model

• High elaboration (central route)Requires great deal of thought to make a

decision

• Low elaboration (peripheral route)Requires little thought, reliant on decisional

heuristics

How we make our decisions

Petty & Cacioppo, 1981

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The need for decisional heuristics

500 milliseconds to

determine credibility

4 seconds to

determine usefulness

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• Presumed

• Surface

• Reputed

• Earned

Four types of credibility

Stanford University, Persuasive Technology Lab, 2003

=

=

=

=

General assumptions in the

mind of the perceiver

Simple inspection or initial first

hand experience

Third party endorsements,

reports or referrals

First hand experience that

extends over time

Page 11: Increasing conversions using the Science of Persuasion

The power of credibilityA B

Conversion rate = 2.69% Conversion rate = 3.03%

% change = 12.64%

Projected monthly gain = $30,582.30

Marketing E

xperiments Journal, F

eb 2007

Page 12: Increasing conversions using the Science of Persuasion

Social proof (consensus)

Experiment: Milgrim, Bikman and Birkowitz

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Good testimonials...

Why testimonials do (and don’t) work: Holly Buchanan, Future Now

Sean DeSouza: Pyschotactics

Marketing Experiments: Optimizing site design

• are focused. Talk about specific benefits or

personal situations• overcome objections. Target conversion

barriers• are contextual. Position where customer might

ask questions and need reassurance• are plentiful. Build a wall of satisfaction• are credible. Lead with skeptics and problems

Page 16: Increasing conversions using the Science of Persuasion

Copyright: Steve Double - www.double-whammy.com

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The first,

the last,

the best

and the rarest?

Make them feel proud?

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Copyright: Steve Double - www.double-whammy.com

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• When you are in a good mood

• When your world view no longer makes sense

• When you can take action immediately

• When you feel indebted because of a favour

• Immediately after you have made a mistake

• Immediately after you have denied a request

Persuasion windows

Stanford University, Persuasive Technology Lab, 2003

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What’s the most powerful page

on your website?

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Exploit a thank you?

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Persuasion is about aligning our needs and desires with the needs and desires of our customers - for mutual benefit

• Creation of persuasion pathways

• Right-touching through persuasion windows

• As part of engagement modeling

The value of persuasion

Page 27: Increasing conversions using the Science of Persuasion

Thanks for listening

• Richard Sedley: [email protected]

• cScape newsletter: www.cscape.com• Blog: www.loopstatic.com

• Grab me, say hello pick up a copy of 10 tips for online persuasion

1. Are you headlines failing?

2. Setting customer alarm clocks

3. Using your authority

4. More than just buttons

5. Avoiding trade-offs

6. Exploiting a thank you

7. Do you have social proof?

8. How credible are you?

9. Make them feel proud

10.The right picture says more