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Choice, trust, freedom & control
Online selling

@colinbentley
iQ Content / Vodafone
So much choice
The paradox of choice / Barry Schwartz
The central paradox
What on earth is the difference?
Online
Top selling phones
Top selling phones
Almost all big companies impacted
A contrasting example
Ireland’s coffee champ / Colin Harmon
Ireland’s 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 specific organisations can reduce choice
    • high trust environment
So far
 • Only specific organisations can reduce choice
    • high trust environment
 • For most companies there’s sound reasons to have
   lot’s 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 traffic 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 & refine
Filtering / test & refine
Filtering / test & refine
Filtering / test & refine
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.flickr.com/photos/nathaninsandiego/4874752956/meta   http://www.flickr.com/photos/colindublinbarista/3534571234
  http://www.flickr.com/photos/28964535@N08/5964692775            http://www.flickr.com/photos/buriednexttoyou/3989358083
  http://www.flickr.com/photos/fazen/2104846279                   http://www.flickr.com/photos/asurroca/136245190
  http://www.flickr.com/photos/jacksonlatka/4936348151            http://www.flickr.com/photos/ewwwww/44565481
  http://www.flickr.com/photos/martinb/35996919                   http://www.flickr.com/photos/loft42/224677252
  http://www.flickr.com/photos/erikcharlton/1008456399            http://www.flickr.com/photos/horiavarlan/4813149306
  http://www.flickr.com/photos/colindublinbarista/5605883051      http://www.flickr.com/photos/dianeduane/193888611/
  http://www.flickr.com/photos/mandarina94/6634808119/            http://www.flickr.com/photos/seanbonner/6182544594/
  http://www.flickr.com/photos/adam_jones/5719204409/             http://www.flickr.com/photos/seanbonner/6182074535/
  http://www.flickr.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

Notas del editor

  1. \n
  2. 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
  3. \n
  4. \n
  5. \n
  6. 38 different types of butter on offer here.\n
  7. \n
  8. These guys offer so many products\n
  9. This is what a phone shop looks like online - so we decided to reduce the choice\n
  10. intermediate page. When you click on phones from the navigation you are first presented with this page.\n\n
  11. Analytics show that all people care about is this all phones button.\n\n
  12. Comes down to an issue of trust\n
  13. \n
  14. \n
  15. \n
  16. \n
  17. 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
  18. \n
  19. \n
  20. Have to have at least one of these high\n\n
  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. 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
  25. \n
  26. Web:\n- reach, cross platform with dramatically less effort \n
  27. \n
  28. \n
  29. \n
  30. \n
  31. \n
  32. \n
  33. make the selections we know sell well\neasy to find, and more selectable than other\n
  34. \n
  35. \n
  36. \n
  37. - test and refine \n- track & monitor\n- search queries\n
  38. - test and refine \n- track & monitor\n- search queries\n
  39. - test and refine \n- track & monitor\n- search queries\n
  40. \n
  41. \n
  42. \n
  43. \n
  44. \n
  45. \n
  46. \n
  47. \n
  48. \n
  49. \n
  50. \n
  51. \n
  52. persistent - making it the easy choice for the customer \n
  53. \n
  54. \n
  55. \n
  56. \n
  57. \n
  58. \n
  59. \n
  60. \n
  61. \n
  62. focus grops - everybody love the idea of this\nbuilt your own, tailor, only pay for what you need\n
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