The YES Factor: Persuading Business Buyers презентация

Содержание

www.earnest-agency.com In B2B marketing, we’re in the business of PERSUASION Image:

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In B2B marketing, we’re in the business of









PERSUASION









Image: Unsplash.com


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www.earnest-agency.com
Everyday we persuade people we often don’t know to:




Open our emails
Visit

our websites

Download our white papers

Watch our videos

Follow us on Twitter

And even once in a while, buy something from us.


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It’s all about persuading people to say









‘YES’









Image: Flickr


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“The buyers pipeline requires a series of micro-yesses before getting to

that macro yes.”

YES

[Brandon Stamschrar, MECLABS]

The thing is:


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So what








makes people








say ‘YES’








?








Image: Earnest


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“Each micro yes is about
perceived value v perceived cost.”
[Brandon Stamschrar,

MECLABS]



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But when making micro-yesses buyers don’t:

Evaluate all the options Investigate each option

fully Apply everything they know Assign a value and cost to each option

?

?

?

?

Image: Unsplash


Слайд 9Because… > They haven’t got the time > They’re subject to biases > They’re

stifled by choice > They’re inherently lazy thinkers

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And the big one:

THEY

HATE

RISK

Image: Flickr


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“When making any choice our first instinct is not to choose

the ‘best answer’
but the answer which minimises the harm we personally can suffer in the worst case outcome.”


Aka. to MINIMAX

[John Von Neumann via Rory Sutherland]


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Others call this
“SATISFICING”
(To Satisfy + Suffice)


CHANCE
Where buyers opt for the

low risk, easy solution rather than searching for the best possible solution.

No thanks


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And they’re not even aware of it.

Because 85% of decisions are

made by the unconscious part of the brain.







[Martin Lindstrom, Buyology]

Image: Flickr


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It means the micro-yesses even for the biggest decisions









are less
RATIONAL
than we

think

Image: Unsplash.com


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So the big question is
what makes business buyers more likely

to say


Yes

Yes

Yes

?


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Essentially, we need to be aware of how people think
because

it influences how they make decisions.

Image: Shutterstock


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There are two ways:

&
FAST
SLOW
[Thanks
Daniel Kahneman]


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FAST
Aka. System 1 or Autopilot

Operates automatically
Assesses what’s going on in our

environment
Determines whether we should direct more attention to a task

Image: Unsplash.com


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It helps us make
SNAP JUDGEMENTS

Serving as
OUR FILTER OF THE WORLD



P.S
It also determines whether buyers pay attention to your communications
or not *

* Unfortunately typically not


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Because without it, things like this would kill us.
Image: Unsplash.com

Lefebvre>

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And then there’s the other way of thinking…

Aka. System 2 or

Pilot

SLOW

Image: Unsplash.com


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THE
THINGS
SYSTEM
ONE
FINDS
HARD
TO
PROCESS
[OUCH]


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It means System 2 requires:

ATTENTION

EFFORT


Слайд 23But remember we’re
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LAZY THINKERS
(you, me & even your buyers)
so we try

to make our lives

easier by substituting



difficult questions with


simpler ones


Image: Shutterstock


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So when it comes to asking the question:

Which of these service

providers will do the best job?


Buyers can end up asking:


Which of these sales people do I like the best?


BIAS ALERT


Which of these brands will my boss have heard of?


Isn’t it easier to go with the guys we’ve always used?

Image: Flickr


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SYSTEM 2
As B2B marketers we tend to design for System 2,

but it’s POINTLESS
if we never break through System 1.

Score:000


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Especially when in most cases, people make decisions like this…




Input
Decision
System 1
Autopilot
System

2
Pilot



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The fact is even if you sell something that’s BIG,
COMPLEX and

CONSIDERED
you’ve got to break through their System 1.

Image: Unsplash.com


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Because if they don’t:


Open your emails

Download your content

Attend your events

Take your

calls

?

?

?

?

The Micro- Yesses

You’re being filtered out


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How long have you got?

Ad in popular magazines – 1.7 secs
Ad

in trade journals – 3.2 secs
Poster – 1.5 secs
Mailing – 2 secs
Banner ad – 1 sec


You need to make first impressions count

[Via Phil Barden, Decoded]

Image: Unsplash.com


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So how do you make the cut?
EASY does it









Image: Unsplash.com


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Make it easy for buyers

Yes
Yes
Yes
so you secure that micro-yes
EVERY TIME


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Because if you make it easy

they’re more likely to

Like
what they

see and

BELIEVE

what you have to say


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NOTHING


[Some call this Status Quo bias – the fact is

most people just hate change]

As the easiest thing in the world for them is to:

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Image: Unsplash.com


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COMPLEX


=
COGNITIVE STRAIN
=
HARDER TO UNDERSTAND
=
PAINFUL
HIGHER PERCEIVED
=
RISK


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What does EASY look like?

EASE
Feels familiar
Feels true
Feels effortless
Feels good
Repeated experience
Clear display
Primed

idea

Good mood

[Causes and Consequences of Cognitive Ease: Thinking, Fast and Slow]


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And this is where BRANDING pays dividends
Image: Unsplash.com


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It’s all about building…
FAMILIARITY and
FAVOURABILITY
[See it’s not going to kill

you this time]

Image: Unsplash.com


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And it’s why we prefer brands

we KNOW

rather than
brands we’ve

NEVER heard of before




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EASIER TO PROCESS
Because the things we are MORE FAMILIAR with are

“The

experience of familiarity has a simple but powerful quality of ‘pastness’ that seems to indicate that it is a direct reflection of prior experience.”
[Larry Jacoby]

Image: Unsplash.com


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And simply being EXPOSED to one BRAND more than another can

have the desired effect.








BRAND



BRAND

BRAND

BRAND

BRAND

BRAND

BRAND

BRAND

BRAND


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Research shows that people tend to develop a PREFERENCE
for things simply

because they are more familiar with them.*


* The Mere Exposure Effect [Robert Zajonc]


Research shows that people tend to develop a PREFERENCE
for things simply because they are more familiar with them.*


* The Mere Exposure Effect [Robert Zajonc]


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Novel stimulus leads to a fear and avoidance response. But with REPEATED EXPOSURE, the

stimulus causes less fear. We even react fondly to it. [Often without knowing it.]



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It may explain why you can have the
best proposition in the

world.

Yet know one knows you.

So they choose to go with one of

your better known rivals.

[Even the one with the half baked offer.]


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The thing is in B2B, brands are just about equal in

INFLUENCE and only just behind price and product.







Strong brands outperform weak brands by 20%.
[McKinsey]






Image: Unsplash


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This is where your content marketing, search and social media strategy

could pay dividends.




CAN’T AFFORD A BIG BRAND CAMPAIGN?

Making you visible. Useful. Relevant.

YES YES YES


Increasing your exposure.
Reducing cognitive strain.

Image: Flickr


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What other ways can you make it EASY for buyers?


Make your

message simple for buyers to understand


If you want to be seen as credible and intelligent, don’t use complex language when simpler language will do.

[Want scientific proof? Check out ‘Consequences of Erudite Vernacular Utilized Irrespective of Necessity:Problems with Using Long Words Needlessly’ by Danny Oppenheimer]


JARGON


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Don’t overload your buyers with too many options.


Too much choice is

the same as no choice at all.
[Barry Schwarz]

Aka.
Paradox of Choice



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Be relevant.

Information that stands out - and is novel and salient

- is more likely to affect the way a buyer thinks and acts.
[P Dolan, Mindspace]





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Ensure a seamless journey for buyers, every step of the way.



X



X

X

Let people accomplish tasks as easily and directly as possible.
[Don’t make me think: Steve Krug]


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And get to the



of what’s really motivating people to buy

from you


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Because they’re sure as hell not buying your products or services

for the sake of it. They’re a means to an end.


“To understand people one needs to understand what leads them to act as they do, and to understand what leads them to act as they do one needs to know their goals.”
[Motives and Cultural Models, edited by Roy G. D'Andrade, Claudia Strauss]

Image: Unsplash.com


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And that end is ultimately about convincing them you can satisfy

their goals more effectively than your rivals. .


EXPLICIT


IMPLICIT

&

Image: Unsplash.com


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Think of them like this…


EXPLICIT
goals


IMPLICIT goals
CATEGORY SPECIFIC
DRIVEN BY ORGANISATION
NEED TO DEMONSTRATE

YOU CAN SATISFY THESE GOALS IN ORDER TO COMPETE

BUYER
SPECIFIC

DRIVEN BY INDIVIDUAL

USE TO DEMONSTRATE YOUR OFFER AND BOOST YOUR APPEAL


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As B2B Marketers we tend to focus on the explicit goals.




But there’s only so far promising to:

Transform their business
Deliver greater efficiency
Lower cost
Improve productivity
Increase revenue
Demonstrate ROI

& all that jazz will take you

* Delete as appropriate

*


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Especially when every other chancer

in your market is professing to

do

MUCH THE SAME

Albeit it a slightly different way.

Image: Unsplash.com


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That’s where being able to satisfy not only their explicit but

also their implicit goals can pay dividends.



The stuff that motivates people PERSONALLY (whether they know it or not)

Image: Unsplash.com


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So what do these implicit goals look like?


Research shows there are

two basic motivational drivers

PROMOTION







Emphasis =
> Gaining
> Benefiting
> Progressing in some way

PREVENTION

Emphasis =
> Avoiding loss
> Protecting status quo
> Living up to expectation


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It provides their FRAME OF REFERENCE and determines whether its best

to position what you have to offer as avoiding loss or gain.

is starting from.
What’s their anchor point?

Think about where your audience




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How can this inform the way you THINK about your audience…






Image: Unsplash.com


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…Adding another dimension to your personas that can help inform and

shape your
messaging,
campaign & content strategies?









Image: Unsplash.com


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Progress
Recognition
Stimulation
Avoidance
Control
Obligation
PROMOTION
PREVENTION






I need to do this to get ahead
I need to do

this to look good

I need to do this to learn / because it looks interesting

I need to do this to avoid losing out / losing something

I need to do this to stay in control

I need to do this because it’s expected of me







Gain an advantage over others; Innovate; Lead the field

Receive acclaim; Advance career; Win awards/accolades

Personal discovery; Learning experience; Challenge myself; Helping others

Be secure; Prevent losses; Avoid threats

Stay on top; Maintain status quo; Be empowered

Need to comply; Fulfil promises; Be true to my word


Go-getter


Status seeker


Adventurer


Worrier


Controller


Box-ticker

Implicit goals

Primary driver

Motivations

Persona

Earnest Goal Matrix: It’s yours to use and abuse


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Psst.
Different decision-makers and influencers (even within the same organisation) will have

different motivations and biases.

Work to identify which personas they fit – and tailor your story to hit the right implicit & explicit goals.









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So when all your competitors gather here…


EXPLICIT
goals


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So when all your competitors gather here…




EXPLICIT
goals
IMPLICIT
goals
You win by differentiating here…

Yes.

Yes. Yes.


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NOT CONVINCED?


“More C-Suite execs are increasingly making decisions about technology

purchases they know nothing about. As a result, many decision makers choose suppliers based on personal value.”
[O&M, Admap]

Image: Unsplash.com


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STILL NOT CONVINCED?


“Buyers who see personal value are not only

much more likely to purchase that brand, they are even more likely to pay a higher price.”
[CEB Marketing Leadership Council / Google 2013]

Image: Unsplash.com


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Finally, never lose sight of the influence of others.


People (your

buyers) learn by copying others.

Image: Unsplash.com


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And it’s still true when people buy things today. They copy

the behaviour of others, as it reduces perceived risk.



When we were in fear of predators, it allowed us to determine what was safe (and what wasn’t).

THE ME-TOO EFFECT


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the more likely you are to get even MORE.


It’s why the

more:
> Case studies
> Client reference sites
> Testimonials
> Positive Reviews
> Followers
> Likes
> Shares
…you have,


YES

YES

YES

YES


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[And lots of YESSES can go an awfully long way.]

So business

people are not quite as rational as you think, even for the biggest business decisions.



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“The next revolution will be psychological – not technological.”
[Rory Sutherland]
Image: Unsplash.com



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ARE YOU READY


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earnest-agency.com
@earnestagency


Sign up to the next installment:

Email:
Behave@earnest-agency.com
with the subject line: Yes


Cover image:

Unsplash.com

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