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8 Psychological
 Triggers to Turn
an Online “Looker”
    into a Buyer
1. Engagement

               Offline, people pick up/touch/examine a product
                they are thinking of buying to evaluate it.
                They create a personal connection to the product.
               This is not an automatic element in online sales.
                Disconnection is a major obstacle in the online sales process.
               To engage a prospective customer online, explore ways to link your
                product to an existing experience for the user. Create a virtual, or
                psychological, connection to your product.




4/12/2011                                         2                                    WebsiteBiz
2. Greed
               Greed is a powerful motivator.
               Online commerce is driven largely by
                price of goods or services vs. perceived value.
               People want to believe they are getting the
                best deal (i.e. more for less).
                Your “sales pitch” needs to convince them of this.


            FOR EXAMPLE: eBay’s “Microsoft cashback” promotion
            RESULTS: “Bing cashback audience” spends 26% more money online than the
            average user.




4/12/2011                                         3                              WebsiteBiz
3. Timing

             People want to be the first to know – whether it’s about an upcoming
               event, a new product/service, or current sales offerings.
             Online sales promotions should be well timed and targeted for a specific
               event and/or audience.
             Online ad messaging should be contemporary in both content and tone.
             If the offer is exclusive, make sure this is communicated.


            EXAMPLE: Many retailers offer “sneak peaks” for
            repeat or VIP customers, or limited time offerings for
            those first to respond.




4/12/2011                                        4                                   WebsiteBiz
4. Demonstrate Authority

               Prospective customers are more likely to buy from you if they believe
                you know what you’re talking about.
               This is especially important for online sales, because a certain distrust
                naturally exists in this sales medium. There’s nothing tangible online,
                only information and your presence.
               Establish authority online through quality, not quantity.
                Factors to consider:
                    – Quality of your website & other online promotions
                    – Where you choose to advertise
                    – Messages carefully crafted to engage your target audience




4/12/2011                                         5                                       WebsiteBiz
5. Association
           Associate your product with something your
            prospective customer already knows about
            or uses.
           With this approach, you are not asking people
            to modify their behavior. You are approaching
            them in a familiar way.


       FACTS*: 62% of consumers said they would rather be contextually targeted
       (subject of interest) than geographically targeted.18% said they were most
       apt to respond to behavioral targeting (based on past behavior on given site).
       *Synovate for Vendare



4/12/2011                                     6                                     WebsiteBiz
6. Feeling Part of Something Bigger
           People like to belong, to be a part of something bigger.
           Address this need by developing online content that’s inclusive.
            – Feature personalized call to actions. Use possessive pronouns to
              create a sense of ownership.
            – Use images of real people. This allows prospective customers to
              visualize themselves using your product or experiencing your services.
            - Create opportunities for people to participate, provide feedback and
              interact with other customers (testimonials, social media channels).
            - Communicate demand for your product/service.
                EXAMPLE: LivingSocial.com
                Shows how many others purchased
                the deal offered each day.


4/12/2011                                      7                                     WebsiteBiz
7. Demonstrate Satisfaction

               People are more likely to make a purchase if they are guaranteed
                satisfaction, i.e. they know they can’t make a mistake.
               Offer a money back guarantee.
               You aren’t giving them anything that isn’t already entitled to
                them by law.
               When you back your product, you’re also
                demonstrating authority.




4/12/2011                                         8                                WebsiteBiz
8. Urgency
               Most people will take their time making online purchases, often
                waiting for the best deal.
               Provide incentive to close the sale. Communicate why a
                prospective customer should buy now and not later.
                – Limited time offers.
                – Promote current pricing and what they will save.
                – Advertize the number of items remaining in stock.
               BONUS: More transparent = less unqualified traffic


            EXAMPLE: Giltgroupe.com
            Promotes length of time remaining
            for promotions, down the seconds.


4/12/2011                                        9                                WebsiteBiz
Review of the 8 Triggers:

            1.Engagement                 6.Feeling Part of
            2.Greed                       Something Bigger
            3.Timing                     7.Demonstrate
            4.Demonstrate                 Satisfaction
             Authority                   8.Urgency
            5.Association

4/12/2011                           10                       WebsiteBiz

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8 Psychological Triggers To Turn A Looker Into A Buyer revised

  • 1. 8 Psychological Triggers to Turn an Online “Looker” into a Buyer
  • 2. 1. Engagement  Offline, people pick up/touch/examine a product they are thinking of buying to evaluate it. They create a personal connection to the product.  This is not an automatic element in online sales. Disconnection is a major obstacle in the online sales process.  To engage a prospective customer online, explore ways to link your product to an existing experience for the user. Create a virtual, or psychological, connection to your product. 4/12/2011 2 WebsiteBiz
  • 3. 2. Greed  Greed is a powerful motivator.  Online commerce is driven largely by price of goods or services vs. perceived value.  People want to believe they are getting the best deal (i.e. more for less). Your “sales pitch” needs to convince them of this. FOR EXAMPLE: eBay’s “Microsoft cashback” promotion RESULTS: “Bing cashback audience” spends 26% more money online than the average user. 4/12/2011 3 WebsiteBiz
  • 4. 3. Timing  People want to be the first to know – whether it’s about an upcoming event, a new product/service, or current sales offerings.  Online sales promotions should be well timed and targeted for a specific event and/or audience.  Online ad messaging should be contemporary in both content and tone.  If the offer is exclusive, make sure this is communicated. EXAMPLE: Many retailers offer “sneak peaks” for repeat or VIP customers, or limited time offerings for those first to respond. 4/12/2011 4 WebsiteBiz
  • 5. 4. Demonstrate Authority  Prospective customers are more likely to buy from you if they believe you know what you’re talking about.  This is especially important for online sales, because a certain distrust naturally exists in this sales medium. There’s nothing tangible online, only information and your presence.  Establish authority online through quality, not quantity. Factors to consider: – Quality of your website & other online promotions – Where you choose to advertise – Messages carefully crafted to engage your target audience 4/12/2011 5 WebsiteBiz
  • 6. 5. Association  Associate your product with something your prospective customer already knows about or uses.  With this approach, you are not asking people to modify their behavior. You are approaching them in a familiar way. FACTS*: 62% of consumers said they would rather be contextually targeted (subject of interest) than geographically targeted.18% said they were most apt to respond to behavioral targeting (based on past behavior on given site). *Synovate for Vendare 4/12/2011 6 WebsiteBiz
  • 7. 6. Feeling Part of Something Bigger  People like to belong, to be a part of something bigger.  Address this need by developing online content that’s inclusive. – Feature personalized call to actions. Use possessive pronouns to create a sense of ownership. – Use images of real people. This allows prospective customers to visualize themselves using your product or experiencing your services. - Create opportunities for people to participate, provide feedback and interact with other customers (testimonials, social media channels). - Communicate demand for your product/service. EXAMPLE: LivingSocial.com Shows how many others purchased the deal offered each day. 4/12/2011 7 WebsiteBiz
  • 8. 7. Demonstrate Satisfaction  People are more likely to make a purchase if they are guaranteed satisfaction, i.e. they know they can’t make a mistake.  Offer a money back guarantee.  You aren’t giving them anything that isn’t already entitled to them by law.  When you back your product, you’re also demonstrating authority. 4/12/2011 8 WebsiteBiz
  • 9. 8. Urgency  Most people will take their time making online purchases, often waiting for the best deal.  Provide incentive to close the sale. Communicate why a prospective customer should buy now and not later. – Limited time offers. – Promote current pricing and what they will save. – Advertize the number of items remaining in stock.  BONUS: More transparent = less unqualified traffic EXAMPLE: Giltgroupe.com Promotes length of time remaining for promotions, down the seconds. 4/12/2011 9 WebsiteBiz
  • 10. Review of the 8 Triggers: 1.Engagement 6.Feeling Part of 2.Greed Something Bigger 3.Timing 7.Demonstrate 4.Demonstrate Satisfaction Authority 8.Urgency 5.Association 4/12/2011 10 WebsiteBiz