Looks very handy. Just curious-- what's the most common mistake you see online retailers or ecommerce companies make?
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Maker
@fishstix312 There are 2 that come to mind as being super common. One is offering too many options, where retailers don't realize they are exhausting the "cognitive budget" of the shopper, not leaving them enough mental energy to complete their purchase. Another is trying to close a big sale without building in a Micro-Commitment to smooth the way. Getting a small "yes" first is way easier than trying to bridge to a big "yes" in the someone's first/only visit.
@sharonvagley@fishstix312 For sure - the classic micro-commitment is subscribing to your email list prior to making a purchase. But a micro-commitment could also be watching a video before downloading an app. It's any action that is significantly less of a commitment than the ultimate conversion goal.
Jennie, does this work for any type of online purchase (tickets, hotels, cars, etc), or is it retail focused?
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Maker
@goforwes Yes, this book is really about the psychology of conversion. Any time you are optimizing for a user decision, these principles will be relevant, even vital! #CRO
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This was very helpful! Are the results different when applying these principles to products vs services?
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Maker
@simon_yu I think some of these principles are even more important when it comes to services because services can be more complex to understand and the variations between service provides more opaque. As a service provider, I would think about how to position myself as a "happy medium" (Chapter 6) between 2 competitors where one is much higher cost and the other is much lower service/quality. Presenting this in a visual, at-a-glance way also leverages Simultaneous Choice Presentation (Chapter 5).
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Maker
I wrote this book to bring actionable behavioral science to CRO. The 7 principles I cover include the Paradox of Choice, Micro-Commitments, and Reactance Theory, and include screenshots from real ecommerce sites to illustrate the application.
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There are other books out there on increasing online sales, but I think our screenshot examples add a lot of value. Those graphics, and all the visual elements of this book, are thanks to @mariawrighter.
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Any counter intuitive things you've learned in your research?
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Maker
@adamvagley When you combine the concepts of Paradox of Choice AND Reactance Theory, you get an insight that is counter-intuitive in 2 ways. One the one hand, people often think choice is an unmitigated good, not realizing that even just 5 choices can overwhelm their shoppers. And on the other hand, people think shoppers want authoritative recommendations, not realizing that our brains can rebel when told what to do. So the best option is to help your customers quickly get down to 3 options, and then letting them exercise their own free will and judgement. This is typically NOT intuitive!
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