ringo moss - behavioural tricks for new business success

46
RINGO MOSS @ringomoss / @PositiveBristol

Upload: ringo-a-moss

Post on 14-Aug-2015

142 views

Category:

Marketing


1 download

TRANSCRIPT

Page 1: Ringo Moss - Behavioural Tricks for New Business Success

RINGO MOSS@ringomoss / @PositiveBristol

Page 2: Ringo Moss - Behavioural Tricks for New Business Success

WE ALL MAKE MISTAKESBEHAVIOURAL TRICKS

FOR PERSUASION

@ringomoss / @PositiveBristol

Page 3: Ringo Moss - Behavioural Tricks for New Business Success

WHO AM I?

@ringomoss / @PositiveBristol

Page 4: Ringo Moss - Behavioural Tricks for New Business Success

WHO AM I?

STRATEGIST

@ringomoss / @PositiveBristol

Page 5: Ringo Moss - Behavioural Tricks for New Business Success

@ringomoss / @PositiveBristol

- DIGITAL AGENCY - CHARITY NFP - EFFECTIVENESS - DIGITAL STRATEGY

WHO AM I?

Page 6: Ringo Moss - Behavioural Tricks for New Business Success

WTF ARE COGNITIVE BIASES?

@ringomoss / @PositiveBristol

Page 7: Ringo Moss - Behavioural Tricks for New Business Success

- Systematic deviations from reason or rationality. - They are often the reason we assess choice badly. - They control all of our lives in weird ways. - They are fairly consistent across populations.

WE CAN USE THEM TO OUR ADVANTAGE.

COGNITIVE BIASES

@ringomoss / @PositiveBristol

Page 8: Ringo Moss - Behavioural Tricks for New Business Success

- Strengthen Arguments - Influence Decisions - Persuade - Anticipate Reactions - Make Connections

WHY PEOPLE DO WHAT THEY DO.

COGNITIVE BIASES

@ringomoss / @PositiveBristol

Page 9: Ringo Moss - Behavioural Tricks for New Business Success

DELICIOUS EXAMPLES

@ringomoss / @PositiveBristol

Page 10: Ringo Moss - Behavioural Tricks for New Business Success

VON RESTORFF EFFECT

@ringomoss / @PositiveBristol

Page 11: Ringo Moss - Behavioural Tricks for New Business Success

An item that sticks out is more likely to be remembered, talked about (and chosen) than other items.

VON RESTORFF EFFECT

@ringomoss / @PositiveBristol

Page 12: Ringo Moss - Behavioural Tricks for New Business Success

- BE MEMORABLE | BE REMARKABLE (OBVIOUS RIGHT?)

VON RESTORFF EFFECT

@ringomoss / @PositiveBristol

Page 13: Ringo Moss - Behavioural Tricks for New Business Success

VON RESTORFF EFFECT

@ringomoss / @PositiveBristol

via @timcaynes

Page 14: Ringo Moss - Behavioural Tricks for New Business Success

VON RESTORFF EFFECT

@ringomoss / @PositiveBristol

via @timcaynes

Page 15: Ringo Moss - Behavioural Tricks for New Business Success

In all all of your communications with existing and new clients make sure that you STAND OUT.

- Language (A list of 10 unusual descriptors) - Presentation (Packaging and hard copy proposals) - Experience (Pitch Theatre, Meeting Menus) - Personality (Be a peacock)

VON RESTORFF EFFECT

@ringomoss / @PositiveBristol

Page 16: Ringo Moss - Behavioural Tricks for New Business Success

PRIMACY / RECENCY EFFECT

@ringomoss / @PositiveBristol

Page 17: Ringo Moss - Behavioural Tricks for New Business Success

Things near the end of a sequence are the easiest to recall and choose, followed by the items at the

beginning of a sequence; items in the middle are the least likely to be chosen.

PRIMACY / RECENCY EFFECT

@ringomoss / @PositiveBristol

Page 18: Ringo Moss - Behavioural Tricks for New Business Success

- GET IN THERE FIRST (OR LAST)

PRIMACY / RECENCY EFFECT

@ringomoss / @PositiveBristol

Sequence

Reca

ll / C

hoice

PrimacyRecency

Page 19: Ringo Moss - Behavioural Tricks for New Business Success

BE LAST | OR FIRST

- Proposals, meetings, pitches etc. (Be last / first if possible) - Options should be ordered for choice. (Not for 3) - Bookend information in presentations (mix it up if you can) - Make a phone call as soon as you can for opportunities - “First Impressions Last"

PRIMACY / RECENCY EFFECT

@ringomoss / @PositiveBristol

Page 20: Ringo Moss - Behavioural Tricks for New Business Success

PEAK END RULE

@ringomoss / @PositiveBristol

Page 21: Ringo Moss - Behavioural Tricks for New Business Success

That people seem to perceive not the sum of an experience but the average of how it was at its peak (e.g. pleasant or

unpleasant) and then how it ended.

PEAK END RULE

@ringomoss / @PositiveBristol

Page 22: Ringo Moss - Behavioural Tricks for New Business Success

- END ON A HIGH

PEAK END RULE

@ringomoss / @PositiveBristol

Time

Expe

rienc

e

Peak End

End

Page 23: Ringo Moss - Behavioural Tricks for New Business Success

Keep your peaks up, and end with a bang

- Set Clear, S.M.A.R.T Objectives (So you can meet them) - Celebrate Success (Creating peaks) - Celebrate Client Anniversaries (Assess / Creating peaks) - Regular Wash Ups (Creating peaks) - Structure Agendas (That end on a high)

PEAK END RULE

@ringomoss / @PositiveBristol

Page 24: Ringo Moss - Behavioural Tricks for New Business Success

PICTURE SUPERIORITY EFFECT

@ringomoss / @PositiveBristol

Page 25: Ringo Moss - Behavioural Tricks for New Business Success

Concepts that are learned by viewing pictures are more easily and frequently recalled and subsequently chosen than

concepts that are learned by viewing their written word form counterparts.

PICTURE SUPERIORITY EFFECT

@ringomoss / @PositiveBristol

Page 26: Ringo Moss - Behavioural Tricks for New Business Success

PICTURE SUPERIORITY EFFECT

@ringomoss / @PositiveBristol

- PRESENT IDEAS AND CONCEPTS USING IMAGERY

CIRCLE

Recall after 3 days Recall after 3 days10% 65%

Nelson, D.L., Reed, U.S., & Walling, J.R. (1976). Pictorial superiority effect. Journal of Experimental Psychology: Human Learning & Memory, 2, 523-528

Page 27: Ringo Moss - Behavioural Tricks for New Business Success

PICTURE SUPERIORITY EFFECT

@ringomoss / @PositiveBristol

Be as visual as you can

- Use flows and imagery to explain ideas (Even for email) - ALWAYS use a designer where possible (Life’s a pitch) - Present wherever possible (Show, don't tell) - Screen Shares / Google Hangouts (Instead of results calls) - Don’t use unnecessary clipart (Unless it explains concept)

Page 28: Ringo Moss - Behavioural Tricks for New Business Success

THE FORER / BARNUM EFFECT

@ringomoss / @PositiveBristol

Page 29: Ringo Moss - Behavioural Tricks for New Business Success

Individuals will give high accuracy ratings to descriptions of their personality that supposedly are tailored specifically for them, but are in fact vague and general enough to apply to a

wide range of people.

Personalisation sells.

FORER / BARNUM EFFECT

@ringomoss / @PositiveBristol

Page 30: Ringo Moss - Behavioural Tricks for New Business Success

• You consider yourself to be a creative individual • You consider yourself to be a business person • You are a strategic or lateral thinker • You are either the MD or a founder of a business • You value attention to detail

FORER / BARNUM EFFECT

@ringomoss / @PositiveBristol

EVERYONE STAND UP & STAY STANDING IF:

Page 31: Ringo Moss - Behavioural Tricks for New Business Success

FORER / BARNUM EFFECT

@ringomoss / @PositiveBristol

WAVE YOUR HANDS IF:

You have short hair

SIT DOWN IF YOU DON’T

Page 32: Ringo Moss - Behavioural Tricks for New Business Success

FORER / BARNUM EFFECT

@ringomoss / @PositiveBristol

WAVE YOUR HANDS IF:

You cycle (a bit) 7 - 12 miles

SIT DOWN IF YOU DON’T

Page 33: Ringo Moss - Behavioural Tricks for New Business Success

FORER / BARNUM EFFECT

@ringomoss / @PositiveBristol

WAVE YOUR HANDS IF:

You recently did a 5k fun run

SIT DOWN IF YOU DON’T

Page 34: Ringo Moss - Behavioural Tricks for New Business Success

FORER / BARNUM EFFECT

@ringomoss / @PositiveBristol

WAVE YOUR HANDS IF:

You went to Kingston Uni

SIT DOWN IF YOU DON’T

Page 35: Ringo Moss - Behavioural Tricks for New Business Success

FORER / BARNUM EFFECT

@ringomoss / @PositiveBristol

WAVE YOUR HANDS IF:

Your name is Lisa

YOU HAVE WON A PRIZE!

Page 36: Ringo Moss - Behavioural Tricks for New Business Success

• You have a great need for other people to like and admire you

• You have a great deal of unused capacity, which you have not turned to your advantage

• Disciplined and self-controlled outside, you tend to be worrisome and insecure inside

FORER / BARNUM EFFECT

@ringomoss / @PositiveBristol

P.T. BARNUM WAS A SHOWMAN

Page 37: Ringo Moss - Behavioural Tricks for New Business Success

FORER / BARNUM EFFECT

@ringomoss / @PositiveBristol

Make your sales approach personal

- Research your prospective clients (get into their head) - Adopt a similar tone (Speak their language) - Generalist audience (We specialise in……..) - Empathise (Understand and replay their challenges)

Page 38: Ringo Moss - Behavioural Tricks for New Business Success

SOME NOTES

@ringomoss / @PositiveBristol

Page 39: Ringo Moss - Behavioural Tricks for New Business Success

SOME NOTES

@ringomoss / @PositiveBristol

It all adds up:

- Marginal Gains not Panaceas - Use behaviour in your work too (Marketing, Ads, Comms) - There are loads more to play with - Do your own reading, this is just the surface - Have fun with them - aaaaand……

Page 40: Ringo Moss - Behavioural Tricks for New Business Success

BE GOOD

@ringomoss / @PositiveBristol

Page 41: Ringo Moss - Behavioural Tricks for New Business Success

FURTHER READING

@ringomoss / @PositiveBristol

Page 42: Ringo Moss - Behavioural Tricks for New Business Success

FURTHER READING

@ringomoss / @PositiveBristol

Check these out for a start:

- Wiki - A great place to start (Cognitive Biases) - http://changingminds.org/ - http://www.neurosciencemarketing.com/ - http://danariely.com/ - http://www.thewebpsychologist.com/ - Rory Sutherland (Value, real and intangible - wikiman) - Behavioural Boozenomics Meetup

Page 43: Ringo Moss - Behavioural Tricks for New Business Success

FURTHER READING

@ringomoss / @PositiveBristol

Longer reads:

Page 44: Ringo Moss - Behavioural Tricks for New Business Success

FURTHER READING

@ringomoss / @PositiveBristol

Longer reads:

Page 45: Ringo Moss - Behavioural Tricks for New Business Success

CHEERS

@ringomoss / @PositiveBristol

Page 46: Ringo Moss - Behavioural Tricks for New Business Success

ROUNDTABLE QUESTION

@ringomoss / @PositiveBristol

What is the best (and worst) pitch/proposal or ‘deal close’ you have ever

done and why?