The Latest Neuromarketing Insights

Current Topic: Conversion

How Discount Format Affects Conversion And Spending

How Discount Format Affects Conversion And Spending

Buy more to save more, money off, sale, special offer, spin the lucky wheel... So many different expressions to achieve one goal – conversion. But which method really works? 

There are so many chance games out there for a reason – from a chips box offering customers to win 1 out 1000 prizes to scratch cards found in online delivery boxes, encouraging customers to discover one of the amazing treats. Are you wondering why so many companies keep doing it?


Why We Need To Get Rid of The Text Box Bid

Why We Need To Get Rid of The Text Box Bid

What is your budget? What is your bid? How much would you like to donate?

These questions have become quite commonplace online; customers are asked to choose what they would like to pay, rather than are provided with a pre-set value. For instance, eBay allows customers to bid on listed items, whereas charity website Doctors Without Borders allows donors to enter a chosen donation amount.

Customers are prompted to indicate their chosen value either via an open-ended text box or a slider scale. With the recent boost in popularity of online transactions via mobile phones, organizations have increasingly turned to the use of slider scales rather than text boxes to register monetary values.

But how has this switch to sliders affected customers’ payments? Do payment responses differ for text boxes and slider scales? As it turns out; yes, they certainly do!


Let's get in touch: the effects of touchscreens on shoppers' purchase intentions

Let's get in touch: the effects of touchscreens on shoppers' purchase intentions

Ask yourself: when you want to buy a pair of shoes, what is the first thing you do?

Chances are, you’ll start browsing for your favourite colour, your favourite brand. You’ll choose a few models you like, maybe order them online. Or first go to the shop to try them on and then, maybe browse some more to find the best prices. And finally, you buy a pair of shoes.

For 87% of all shoppers, the buying process involves researching online before doing a purchase in a physical store.


The Three Essential Ingredients To Winning The Brains Of Mobile Shoppers

The Three Essential Ingredients To Winning The Brains Of Mobile Shoppers

As shoppers, we have learned to be wary of what we purchase and how. We research information and find the ‘best’ products for ourselves and with a heavy dependency on technology, we can now do this wherever we have access to WiFi or data. Six out of 10 mobile users begin their shopping journey on one device, but continue or finish on a different one. Mobile devices provide us convenient access to any form of content, which leads us to incorporate mobile-shopping into our habitual routines.

Habitual routines can actually benefit retailers, especially for those in a competitive environment. Two positive things happen: one, the habitual interactions provide consumers convenience, reinforcing their experiential state of being in a relationship with a brand, which leads to loyalty. Two, the dependency on their habitual routines will mean that consumers are relying on their automatic thinking and will therefore, spend less time considering alterative brands.


When to Follow Customer Expectations – And when to Break Them

When to Follow Customer Expectations – And when to Break Them

Each and every day, package designers, retail planners and online UX experts all face the same question: should you follow customer expectations, or should you break them?

Many experts propose that stores, products and websites should strictly adhere to what the customer expects. This would increase the fluency of the customer experience, leading to increased feelings of positive emotion and – ultimately – purchase behavior.

Nonetheless, there are countless examples of successful concepts that had their rule-breaking philosophy to thank for. From Dell cutting out the middle man in an industry where no one believed people would buy any place else than the retail store, to Craigslist proving discarding many emblematic UX and design rules.

 


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