Académique Documents
Professionnel Documents
Culture Documents
Conversion Sequence
C = 4m + 3v + 2(i-f) - 2a
Wherein:
C = Probability of conversion
m = Motivation of user
v = Clarity of the value proposition
i = Incentive (additional) to take action
f = Friction elements present
a = Anxiety elements present
ii.
iii.
iv.
Key Principles
1.
Your value proposition is the primary reason why your ideal prospect should
buy from you rather than you competitors.
This requires you to differentiate your offer from competitors.
You may match a competitor on every dimension of value except one.
In at least one element of value you need to excel.
In this way you become the best choice for your optimum customer.
2.
There are two skills necessary to leverage the power of a value proposition
for your landing pages: the ability to 1) identify and 2) express an effective
value proposition.
Key Principles
THREE: Compare your answer with the claims of your main competitors.
FOUR: Refine your value proposition until you can articulate it in a single, instantly
credible, sentence
FIVE: In the end, you must test your Value Proposition.
Key Principles
1.
2.
3.
Key Principles
Holistic approach: Every element at every step along the buy process must either
state or support your value proposition.
Congruence - having every element of your page either state the value proposition or
support the value proposition.
2.
Continuity - Making certain that each step of the buy process either states or supports
the value proposition. (All the collateral supports or states value prop).
3.
10
Key Principles
1.
2.
11
Key Principles
Key Principles
1. Relevance = Conversion
2. Relevance is achieved by matching the landing page message to
two channel-specific factors:
1) Customer profiles (determined by Channel Map)
2) Customers paths (determined by conversation elements a
customer encounters prior to arrival)
13
14
Key Principles
Conversion Sequence
C = 4m + 3v + 2(i-f) - 2a
Definition: Friction
Key Principles
ABANDON
COMPLETION
Friction Elements
Incentives
1. One of the most effective ways to increase conversion is to decrease friction. Indeed,
our experiments suggest that there is a disproportionately high return on efforts to
reduce friction.
2. The objective is to minimize not eliminate friction. If you eliminate all friction you,
necessarily, eliminate the sale.
3. Once friction has been minimized, you seek to overcome the remainder with
incentive.
16
Key Principles
4.
Decreasing, or
dialing down
friction, results
in increased lead
quantity.
Quality
Increasing, or
dialing up
friction, creates
increased lead
quality.
17
Key Principles
fSC = lT + dT
Examples of Length (LT)
Design Elements
Length of pages
Eye-path
Field Number
Options Selection
Field Layout
Button Design
Steps in a process
Organization
Flash Video
18
19
Key Principles
ABANDON
COMPLETION
Friction Elements
Incentives
2. Often, businesses will try one incentive offer and then quit. Incentives must
be tested. There is an ideal incentive. Until you find one that gives you a
major boost, you must assume you have not yet found the ideal incentive.
20
Key Principles
3.
Marketing Intuition
21
Key Principles
The path to finding the
ideal incentive
FEASIBILITY
All
Incentives
Using marketing
intuition to
determine which
incentives are
relevant to the
audience as well as
cost effective
OPTIMALITY
Using PVD to
narrow-down and
determine the
optimal incentives to
test
ACTUALITY
Testing and using ROIc
calculations to best
performing incentive
Ideal
Incentive
22
Key Principles
PVD = Vp - C$n
Wherein:
PVD = Perceived Value Differential
Vp
23
Key Principles
4.
5.
6.
24
Key Principles
7.
8.
The ultimate and final indicator that you have discovered the ideal
incentive is ROIc. There are two primary ways to measure this: 1)
Total ROIc and 2) Percent ROIc.
25
Key Principles
Total ROIc: The total dollar difference between incentive offer cost and net
increase in sales over a specific time period. Focuses on total volume of
return.
Percent ROIc: The percent difference between cost and net increase in sales for
a specific time period. Focuses on efficiency of return.
Wherein:
Wherein:
27
Key Principles
28
Key Principles
4. Therefore, you must seek to relieve and/or correct for anxiety at three
different levels:
Specificity
Specificity
Proximity
Intensity
Proximity
Intensity
29
Key Principles
In terms of perception, you must also overcome the extra level of concern
stimulated by the amplifying affect of fear-borne anxiety.
30
31
32