Changing the game of fundraising.ppt

Preview:

DESCRIPTION

 

Citation preview

1

Changing the Game of Fundraising

Persuasion Profiling

PersuasionAPI is a product created by Science Rockstars™

2

Co Founder ScienceRockstarscreators of PersuasionAPI

Initiator of Design for Conversion

Me

2PersuasionAPI is a product created by Science Rockstars™

I am pretty surehis name started

with a D.

3

Science Rockstars was founded on the belief that good science leads to great business.

Science Rockstars

3PersuasionAPI is a product created by Science Rockstars™

4

Changing the Rules???

4PersuasionAPI is a product created by Science Rockstars™

5

New Rules of Online Marketing

5PersuasionAPI is a product created by Science Rockstars™

Less is More (Persuasion) Persuade individuals rather than a group

Learning beats testing

6

The goal of persuasion is to changesomeone’s attitudes or behavior.

Persuasion

6PersuasionAPI is a product created by Science Rockstars™

• Slide with the towell example

7

Does Persuasion work?

7

“Please reuse the towels. Most people reused their towel during their stay”

“Please reuse the towels. Most people

who stayed in this room

reused their towel during their stay”

PersuasionAPI is a product created by Science Rockstars™

8Beta Launch presentations Q2 2012

It’s only partly what you want people to do, it’s how you ask it!

It’s how you ask…

8

9

• Authority• Commitment & Consistency• Liking• Reciprocity• Scarcity• Social Proof

9PersuasionAPI is a product created by Science Rockstars™

Meet Bob: 6 Weapons of Influence

Bob Cialdini

1010PersuasionAPI is a product created by Science Rockstars™

Respect my Authoritah!

1111PersuasionAPI is a product created by Science Rockstars™

Commiting to a wish list, motivates commiting to a buy

1212PersuasionAPI is a product created by Science Rockstars™

Being sweet persuades

1313PersuasionAPI is a product created by Science Rockstars™

Giving stuff away for free persuades

1414PersuasionAPI is a product created by Science Rockstars™

Scarcity Persuades

1515PersuasionAPI is a product created by Science Rockstars™

Reviews are a form of Social Proof

16

• Authority• Commitment & Consistency• Liking• Reciprocity• Scarcity• Social Proof

16PersuasionAPI is a product created by Science Rockstars™

Meet Bob: 6 Weapons of Influence

Bob Cialdini

17

If Amazon does it…

PersuasionAPI is a product created by Science Rockstars™ 17

18

The Art of Persuasion

PersuasionAPI is a product created by Science Rockstars™ 18

19

Side step: Advanced Persuasion via Facebook

PersuasionAPI is a product created by Science Rockstars™ 19

- low cost of liking- existing motivation- hot triggers

Source: Robert Neal.com

20

Putting Persuasive Triggers in the Path of visitors

PersuasionAPI is a product created by Science Rockstars™ 20

1.Commitment2.Scarcity3.Authority

21PersuasionAPI is a product created by Science Rockstars™

Scarcity

Social proof

Social proof

Consistency & Commitment

Social proofFraming

Liking

Social proof

Scarcity

Scarcity

Social proof

Consistency & Commitment

Social proof

What you already should be doing

21

Less persuasion is more persuasion

PersuasionAPI is a product created by Science Rockstars™

1. “100s of others have taken this study before.”2. “Professor Ford recommends taking this study.”

3. “There are only 18 hours left to participate in this study.”VS

1. “100s participated, & Professor Ford recommends it. Only 18 hours left.”

2. “Prof. Ford recommends it, 100s participated, only 18 hours left.”

3. “Only 18 hours left, & Professor Ford recommends it. 100s took it.”

22

PersuasionAPI is a product created by Science Rockstars™

People are different (duh!)

23

Slide with the towell

example

24

Not everyone obeys the laws of social proof

24PersuasionAPI is a product created by Science Rockstars™

Slide with the towell

example

25

There are people thatquestion authority

25PersuasionAPI is a product created by Science Rockstars™

26PersuasionAPI is a product created by Science Rockstars™

People are consistently different

26

27

Persuade individuals rather

than a group

PersuasionAPI is a product created by Science Rockstars™

27

28Beta Launch presentations Q2 2012

Persuasion Profile:

A persuasion profile is a collection of the estimates of the effect of persuasion

principles for each individual customer

Normal Page:A1 (Scarcity):A2 (Authority):A3 (Consensus):

Effect

28

Normal Page:A1 (Scarcity):A2 (Authority):A3 (Consensus):

Effect

29

Beta Launch presentations Q2 2012

We log the success

• We can monitor the success of each page served to a user.• We will keep updates of the average performance of your

served page variations, and of the performance for each client.

Normal Page:A1 (Scarcity):A2 (Authority):A3 (Consensus):

Effect

29

30

Beta Launch presentations Q2 2012

We improve our advice

• Based on the response of each visitor we will update our advice for that user

• The new advice is a combination of the response of that visitor, as well as that of other clients

Normal Page:A1 (Scarcity):A2 (Authority):A3 (Consensus):

Effect

30

Normal Page:A1 (Scarcity):A2 (Authority):A3 (Consensus):

Effect

31

Beta Launch presentations Q2 2012

User navigates, we improve

• And so on, for each individual customer...

• Real time analytics is most effective in predicting behavior

Normal:A1:A2:A3:

Effect

First page served:

Normal:A1:A2:A3:

Effect

Second page served:

Normal:A1:A2:A3:

Effect

Third page served:

31

32

Beta Launch presentations Q2 2012

Increasing chance of conversion for each customer

individualy

Normal:A1:A2:A3:

Effect

Third page served:

32

33

Beta Launch presentations Q2 2012

Wait… There’s more! Bridging optimalization and

personalization

Normal:A1:A2:A3:

Effect

Third contact:

33

CRM

34

Beta Launch presentations Q2 2012

Paving the way for Multi-channel Persuasion

Normal:A1:A2:A3:

Effect

Third contact:

34

35Beta Launch presentations Q2 2012

Exploit vs. ExploreWhat if it’s the first visit?

How much learning do you need?

Learning beats testing(any day)

35

36Beta Launch presentations Q2 2012

Make out like a Bandit

36

37Beta Launch presentations Q2 2012

Optimize conversion over time.

It will beat your A/B test…

37

38Beta Launch presentations Q2 2012

Optimize the choice of persuasion principles at the level of individual clients

And we will get better…

38

39Beta Launch presentations Q2 2012

Paradigm Shift in Online Marketing

VSContent Test Decide Content & Continuous Optimization

39

40PersuasionAPI is a product created by Science Rockstars™

It really works…

40

41PersuasionAPI is a product created by Science Rockstars™

It works on different levels

41

42Beta Launch presentations Q2 2012

How can you be as successful as the others?

A Persuasion Profiling Case…

42

• Slide with the towell example

43

Beta Launch presentations Q2 2012

Casestudy Philips Directlife:

43

• Slide with the towell example

44

Beta Launch presentations Q2 2012

Philips Reminder Email

44

Dear ($ firstname $),

How are you doing? We hope all is well.  It is $#$ days since the last time you connected your Activity Monitor.

[ $ Message $ ]

We would like to remind you to connect it to your PC soon and stay in touch with Philips DirectLifeSincerely,

The DirectLife Team 

• Slide with the towell example

45

Scarcity Email

45

1. We would like to remind you to connect it to your PC soon and stay in touch with . . . . Today is a great day to start so make sure you do not miss out on your participation in . . . !

2. Any chance to connect your Activity Monitor is a chance to learn about your own activities. Take the opportunity to learn about your activities right now.

PersuasionAPI is a product created by Science Rockstars™

• Slide with the towell example

46

Authority Email

46

1. Experienced coaches recommend frequent uploads of your activity data. This will help you to gain more insight and be more active!

2. Activity experts recommend moderate to high activity on a daily basis and connecting to the . . . platform will help you to reach this target!

PersuasionAPI is a product created by Science Rockstars™

• Slide with the towell example

47

Social Proof Email

47

1. People like you who connect their Activity Monitor frequently with their PC are more likely to benefit from the program and obtain a healthy lifestyle!

2. 6. Thousands of people are participating actively in the program and they stay connected at least once a week. Join the group!

PersuasionAPI is a product created by Science Rockstars™

• Slide with the towell example

48

Summarizing the results:

48

Increase in email click-through: >100%(at the 5th reminder)Increase in e-commerce revenue:

>25%

PersuasionAPI is a product created by Science Rockstars™

49

Persuasion ProfilingAre you ready to Beta?

PersuasionAPI is a product created by Science Rockstars™ 49

50

@arjanharing@persuasionapi

Now the game has changed, what’s going to be your play?

Persuasion Profiling

PersuasionAPI is a product created by Science Rockstars™ 50

Recommended