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Choice, trust, freedom & control
Online selling

@colinbentley
iQ Content / Vodafone
So much choice
The paradox of choice / Barry Schwartz
Online Selling, Choice, trust, freedom & control
Online Selling, Choice, trust, freedom & control
The central paradox
What on earth is the difference?
Online
Top selling phones
Top selling phones
Online Selling, Choice, trust, freedom & control
Almost all big companies impacted
A contrasting example
Irelands coffee champ / Colin Harmon
Irelands best coffee shop / 3fe
No skinny mocha frappe latte?
Trust & control
Relationship between trust & control
Trust control strategies
                           High trust




Low control                             High control




                           Low trust
Trust control strategies
                           High trust




Low control                             High control




                           Low trust
Trust control strategies
                           High trust




Low control                             High control




                           Low trust
Trust control strategies
                           High trust




Low control                             High control




                           Low trust
Choice bridges the trust gap

                               Big business
                               ceed control to
                               the customer in
                               order to
                               mitigate the
                               low trust
                               environment.
Sales person / Cut through choice
So far
  Only speci鍖c organisations can reduce choice
     high trust environment
So far
  Only speci鍖c organisations can reduce choice
     high trust environment
  For most companies theres sound reasons to have
   lots of choice
     mitigates low trust
     Sales person guides customers through jungle of
         options
But what about online?
A perfect Joeseph Heller example
How does online provide a means to process this?
Intermediate pages / Little value
Intermediate pages / Little value
Intermediate pages / Little value
Intermediate pages / Little value
Get traf鍖c to the listing page / make it work harder
Clear instructional heading / Include action
Clear instructional heading / Include action
Filtering / tailor to your customers
Filtering / tailor to your customers
Filtering / tailor to your customers
Filtering / test & re鍖ne
Filtering / test & re鍖ne
Filtering / test & re鍖ne
Filtering / test & re鍖ne
Behavioural economics

 ..the study the effects of social, cognitive and emotional
factors on the economic decisions of individuals
Behavioural economics

 ..the study the effects of social, cognitive and emotional
factors on the economic decisions of individuals
Behavioural economics

 ..the study the effects of social, cognitive and emotional
factors on the economic decisions of individuals
Product recommender tool
Product recommender tool
Product recommender tool
Banners within listing page
Banners within listing page
Promotion within the listing page
Nudge / Thaler & Sunstein
The easy option within a large amount of
choice
MyWay / Build your own plan
A standard bill pay plan


        100       100      1GB    30         300
        minutes    texts   data   per month    today
MyWay / plan structure

        Minutes          Texts     Data   Contract

      100    200   100       200   1GB      1yr
                                                     XX
                                                     per month
      400    600   400       600   2GB      2yr


                                                     XXX
                                                      today
MyWay / example 1

       Minutes            Texts     Data   Contract

     100    200     100       200   1GB      1yr
                                                      46
                                                      per month
     400    600     400       600   2GB      2yr


                                                      230
                                                       today
MyWay / example 2

       Minutes            Texts     Data   Contract

     100    200     100       200   1GB      1yr
                                                      72
                                                      per month
     400    600     400       600   2GB      2yr


                                                      40
                                                       today
Choice explosion




4     options

before MyWay plans
                     64             options

                     after MyWay plans
MyWay / plan family

        Minutes                Texts            Data    Contract

      100        200     100       200          1GB        1yr
                                                                   XX
                                                                   per month
      400        600     400       600          2GB         2yr


                                                                   XXX
                                                                    today

    My Way Complete


      500              500             1GB             2yr         65
       minutes         texts             data          contract    per month




                                                                   FREE
                                                                    today
My Way online / build your plan
My Way online / build your plan
My Way online / build your plan
My Way online / build your plan
The stats




            70           %
        choose ready made option when buying
        a MyWay plan
How do we deal with choice online
    Get people to the product listing page
    Make your listing page sweats
    Subtle suggestions can have a big impact
    Offer easy selections within the large amount of choice


  http://www.鍖ickr.com/photos/nathaninsandiego/4874752956/meta   http://www.鍖ickr.com/photos/colindublinbarista/3534571234
  http://www.鍖ickr.com/photos/28964535@N08/5964692775            http://www.鍖ickr.com/photos/buriednexttoyou/3989358083
  http://www.鍖ickr.com/photos/fazen/2104846279                   http://www.鍖ickr.com/photos/asurroca/136245190
  http://www.鍖ickr.com/photos/jacksonlatka/4936348151            http://www.鍖ickr.com/photos/ewwwww/44565481
  http://www.鍖ickr.com/photos/martinb/35996919                   http://www.鍖ickr.com/photos/loft42/224677252
  http://www.鍖ickr.com/photos/erikcharlton/1008456399            http://www.鍖ickr.com/photos/horiavarlan/4813149306
  http://www.鍖ickr.com/photos/colindublinbarista/5605883051      http://www.flickr.com/photos/dianeduane/193888611/
  http://www.鍖ickr.com/photos/mandarina94/6634808119/            http://www.flickr.com/photos/seanbonner/6182544594/
  http://www.鍖ickr.com/photos/adam_jones/5719204409/             http://www.flickr.com/photos/seanbonner/6182074535/
  http://www.鍖ickr.com/photos/picstuff/7027464395/
Thanks for listening!

@colinbentley



iQ Content Ltd, Clarendon House, 34-37 Clarendon Street, Dublin 2, Ireland. +353 (0)1 677 1140

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Online Selling, Choice, trust, freedom & control

Editor's Notes

  • #2: \n
  • #3: Intro to iQ Content, long-term engagement with Vodafone. \nRange of projects, from care, to My Account section and app work.\nonline sales focus\n
  • #4: \n
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  • #7: 38 different types of butter on offer here.\n
  • #8: \n
  • #9: These guys offer so many products\n
  • #10: This is what a phone shop looks like online - so we decided to reduce the choice\n
  • #11: intermediate page. When you click on phones from the navigation you are first presented with this page.\n\n
  • #12: Analytics show that all people care about is this all phones button.\n\n
  • #13: Comes down to an issue of trust\n
  • #14: \n
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  • #18: No syrups, low fat, skinny options not even any chocolate dusting on the capachino, they’re quite a pack of coffee nazis in there. \n\nHowever less choice here doesn’t feel limiting. It doesn’t have that negative conitation of the phones page. We’re not thinking that Colin is not providing us with optional syrups or milks with different fat content because he’s trying to maximise profits. In fact in this instance it’s a positive, the menu feels curated, specifically for us. \n\n
  • #19: \n
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  • #21: Have to have at least one of these high\n\n
  • #22: Have to have at least one of these high\n\n
  • #23: Have to have at least one of these high\n\n
  • #24: Have to have at least one of these high\n\n
  • #25: think of this as a set of levers business have to increase sales \n- trust, sticky hard to push, long term\n- control, easy to provide, just give more choice\n
  • #26: \n
  • #27: Web:\n- reach, cross platform with dramatically less effort \n
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  • #34: make the selections we know sell well\neasy to find, and more selectable than other\n
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  • #38: - test and refine \n- track & monitor\n- search queries\n
  • #39: - test and refine \n- track & monitor\n- search queries\n
  • #40: - test and refine \n- track & monitor\n- search queries\n
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  • #53: persistent - making it the easy choice for the customer \n
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  • #63: focus grops - everybody love the idea of this\nbuilt your own, tailor, only pay for what you need\n
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