startup marketing conference - october 23, 2014

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#StartupMarketingConf #CRO @tim_ash Conversion Hacking The Brain: How to Increase ROI by Being Irrational Tim Ash – CEO, SiteTuners San Francisco - October 23, 2014

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Page 1: Startup Marketing Conference - October 23, 2014

#StartupMarketingConf #CRO @tim_ash

Conversion Hacking The Brain: How to Increase ROI by Being Irrational

Tim Ash – CEO, SiteTuners

San Francisco - October 23, 2014

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#StartupMarketingConf #CRO @tim_ash

About SiteTuners

• San Diego based conversion rate optimization agency

• Large and small company clients worldwide

Practice areas:

– Landing page test plans & testing strategy development

– Conversion-focused website blueprints (full redesigns & quick facelifts)

– Ongoing conversion management, knowledge transfer & training

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#StartupMarketingConf #CRO @tim_ash

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Part I Split Personalities

(the tale of your three brains)

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2012, SiteTuners - All Rights Reserved.

http://images2.fanpop.com/image/photos/12000

000/Spock-mr-spock-12083341-1440-1080.jpg

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Copyright © 2012, SiteTuners - All Rights Reserved.

http://images2.fanpop.com/image/photos/12000

000/Spock-mr-spock-12083341-1440-1080.jpg

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Copyright © 2012, SiteTuners - All Rights Reserved.

http://images2.fanpop.com/image/photos/12000

000/Spock-mr-spock-12083341-1440-1080.jpg

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2012, SiteTuners - All Rights Reserved.

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#StartupMarketingConf #CRO @tim_ash

How the Brain Actually Works

Is it dangerous?

START No

Is it novel?

Yes

Deal with it Ignore It

No

Yes

Consciously Explore It

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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#StartupMarketingConf #CRO @tim_ash

The Old Sales Funnel

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#StartupMarketingConf #CRO @tim_ash

The New Sales Funnel

Neo-cortex

Limbic System

Brain Stem

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#StartupMarketingConf #CRO @tim_ash

Part II Practical Strategies

(how to make money off of this stuff)

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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#StartupMarketingConf #CRO @tim_ash

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1 - What you need to know

• Making choices tires the brain and can make subsequent decision making difficult

• Help guide customers (wizards – not filtering)

• Do not overwhelm

• Remove similar choices

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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#StartupMarketingConf #CRO @tim_ash

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$59 $125 $125

16% 0% 84%

Three choice scenario

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#StartupMarketingConf #CRO @tim_ash

$59 $125

68% 32%

Two choice snenario

-30%

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#StartupMarketingConf #CRO @tim_ash

2 - What you need to know

• We anchor on the first thing we see

• Add a new high-end item (which will not sell well)

• Show in decreasing price order

• Sales of reasonable compromise will increase

• Irrational anchors can be put in the “lobby”

• Changing the context of your offer can have a big effect

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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#StartupMarketingConf #CRO @tim_ash

3 - What you need to know

• People are tribal

• Some tribes are self-selected

• We care more about people similar to us

• Look the part

• Communicate your values with editorial tone

• Don’t worry about alienating outsiders

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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#StartupMarketingConf #CRO @tim_ash

Most of Your Brain is Involved in Visual Processing

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#StartupMarketingConf #CRO @tim_ash

You Have Two Types Of Vision

Page 42: Startup Marketing Conference - October 23, 2014

Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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#StartupMarketingConf #CRO @tim_ash

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#StartupMarketingConf #CRO @tim_ash

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#StartupMarketingConf #CRO @tim_ash

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?

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#StartupMarketingConf #CRO @tim_ash

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#StartupMarketingConf #CRO @tim_ash

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#StartupMarketingConf #CRO @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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#StartupMarketingConf #CRO @tim_ash

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#StartupMarketingConf #CRO @tim_ash

The Visual Hierarchy

Text Images Motion

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#StartupMarketingConf #CRO @tim_ash

4 - What you need to know

• Visual processing is very powerful & quick

• Draw attention to offers with strong visuals

• Use people carefully to support calls-to-action

• Don’t use unnecessary motion or animation

• Test and refine how you deploy video

Page 59: Startup Marketing Conference - October 23, 2014

#StartupMarketingConf #CRO @tim_ash

Summary

1. Create a small number of clear choices

2. Use a big anchor

3. Be in my cultural tribe

4. Understand the power of visuals

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#StartupMarketingConf #CRO @tim_ash

Part III Full Circle

(back to inner space)

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#StartupMarketingConf #CRO @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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Copyright © 2014, SiteTuners - All Rights Reserved. #INBOUND14 @tim_ash

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#StartupMarketingConf #CRO @tim_ash

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#StartupMarketingConf #CRO @tim_ash

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SAVE $400 • increase your revenue and profit

• generate more leads

• land more customers

• boost sales and paid memberships

• maximize your marketing ROI

May 13-14, 2015 Rio All-suites Hotel & Casino

Page 72: Startup Marketing Conference - October 23, 2014

#StartupMarketingConf #CRO @tim_ash

Get a Free 15-minute Conversion Review

• Interactive review of your key conversion paths

• Conducted by SiteTuners conversion staff

• Identify key segments and opportunities for customization

• Video transcript recorded via GoToMeeting

• Offer good only for companies generating at least $1 million annually in online revenue. New customers only please.

Limited Availability – first 3 to sign up

To take advantage of this FREE offer you must schedule by October 24, 2014

Bit.ly/CROreview

Page 73: Startup Marketing Conference - October 23, 2014

#StartupMarketingConf #CRO @tim_ash

Contact Info

[email protected]

(619) 990-9062 mobile

(619) 223-8020 work PST

twitter @tim_ash

www.linkedin.com/in/timash

facebook.com/tim.ash1

skype tim_ash1