Startup Marketing: (E)motion, Virality, Consumer Behavior

40
Virality & Consumer Behavior Introducing (E)motion for Startups

description

For startups and others who make software or apps, this deck outlines the basics of viral marketing and consumer behavior (or how to influence the purchasing behavior of consumers). It also introduces a new concept called (E)motion that we believe will be the future of technological marketing.

Transcript of Startup Marketing: (E)motion, Virality, Consumer Behavior

Page 1: Startup Marketing:  (E)motion, Virality, Consumer Behavior

Virality & Consumer Behavior Introducing (E)motion for Startups

Page 2: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 2

Who We Be?

Still the same ole Gs, Bout that marketing, apps & comedy

Page 3: Startup Marketing:  (E)motion, Virality, Consumer Behavior

3

Virality

Page 4: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 4

What creates virality?

4 things

Page 5: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 5

Make ‘em laugh

C comedy

Scotchety scotch. Down in my belly.

Page 6: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 6

Make ‘em cry

C cuteness

Babies work too but please, no more Charlie biting fingers.

Page 7: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 7

Make ‘em sexytime

S sex

It sells. Just ask Chris Humphries.

Page 8: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 8

Make ‘em like whoa

S shock

Kenny Powers, foul-mouthed honey badger.

Page 9: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 9

Make ‘em share

X credit

extra

FTW!

Page 10: Startup Marketing:  (E)motion, Virality, Consumer Behavior

10

Consumer Behavior

Page 11: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 11

Economics Psychology

Sociology

understanding why you buy emotional, not rational reasons

A bit of background

Page 12: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 12

Leaders steal minds

That’s why when you see Pepsi You still think of Coke

Lesson Do like #2 Avis, recognize it & “Try harder.”

Coke

Pepsi

Others

1

2

3

#1 brand captures the marketing Of other brands in the same category

Page 13: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 13

Eat dessert first Why does food taste better when you don’t make it? Because your brain doesn’t spend time pre-consuming it

Lesson Don’t make your customers work before consuming

Page 14: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 14

Nudging is necessary

“But now I want more than one…”

37 Signals Basecamp

1 Limit 1 per customer

Page 15: Startup Marketing:  (E)motion, Virality, Consumer Behavior

15

Pricing

Page 16: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 16

Make pricing magic

Simplicity is sexy Don’t make customers calculate &

Format like “price first, item second”

On Sale! $3.68 per lb.

$2 off per lb. On Sale!

versus

Page 17: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho

80% 17

Pricing cues

Of all retail food prices end in .99 or .95 Your mind says Sale! Sale! Sale!

37 Signals Basecamp

Page 18: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 18

Anchoring prices

Reference price of $149/month Makes $99 seem like a deal

37 Signals Basecamp

Page 19: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho

$2.99 19

Left-digit lesson

Your mind sees $2 (not $3) But $3.59 will be perceived the same as $3.60

37 Signals Basecamp

Page 20: Startup Marketing:  (E)motion, Virality, Consumer Behavior

20

Context

Page 21: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 21

Context matters

> Framing the environment Lets customers experience it

Without it… Products seem cold & unemotional

Synth 76 iPad App by @imjonas

Page 22: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 22

Exclusivity is “in”

The more you keep them out The more they want in

Page 23: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 23

Repetition, trust me

The more you see something The warmer and more trustworthy it feels

Source: Exposure Effect, psychologist Robert Zajonc study, 1969

“If I recognize it, it must be good”

Page 24: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 24

Time pressure

Making extremely quick decisions Forces people to focus on the negatives

Design O’clock iPhone app

Page 25: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 25

Fear is forceful Fear is stronger than greed It’s why markets crash so quickly

Source: Thinking, Fast & Slow, Daniel Kahneman, 2011

Lesson Minimize risks for customers

Page 26: Startup Marketing:  (E)motion, Virality, Consumer Behavior

26

Unexpectedness

Page 27: Startup Marketing:  (E)motion, Virality, Consumer Behavior

27

Looks can be deceiving

@SeanMEverett @JeffreyRyanWho

93.7% Precise numbers appear accurate, whether or not they are factual

Page 28: Startup Marketing:  (E)motion, Virality, Consumer Behavior

28

Hizzard to rizzead

@SeanMEverett @JeffreyRyanWho

Text, when skim not easy Make reader slow down, retain more, they do

Lorizzle ipsum dawg sit amizzle, gangster adipiscing elizzle. Mofo bling bling velizzle, aliquet volutpizzle, suscipizzle for sure, gravida vizzle, funky fresh. Pellentesque bizzle tortor. Sed erizzle. Dang izzle dolor dapibus turpis tempus tempor. Maurizzle pellentesque nibh izzle black. Crunk in tortizzle. Pellentesque shizzle my nizzle crocodizzle rhoncizzle black. In pimpin' habitasse platea dictumst. Its fo rizzle dapibus. Curabitur tellizzle da bomb, its fo rizzle go to hizzle, mattis ac, yippiyo vitae, nunc. Fo shizzle mah nizzle fo rizzle, mah home g-dizzle suscipizzle. Phat semper velit sed purus. Praesent crackalackin mi non maurizzle stuff bibendizzle. Aliquizzle lacinia viverra lectizzle. Izzle id enim et crazy sodalizzle pimpin'. Aliquizzle lobortizzle, mauris mammasay mammasa mamma oo sa da bomb sizzle, fo shizzle mah nizzle fo rizzle, mah home g-dizzle shizzlin dizzle shizznit metus, izzle pizzle augue dui izzle doggy. Vivamus fizzle pimpin' its fo rizzle brizzle. Vivamus arcu things, fermentizzle fo shizzle da bomb, faucibus in, its fo rizzle ac, mauris.

Lorem ipsum via lorizzle.nl

Page 29: Startup Marketing:  (E)motion, Virality, Consumer Behavior

29

Keep it sweet

@SeanMEverett @JeffreyRyanWho

When your blood sugar’s low People fall back on default actions

Give your customers chocolate They’ll smile & make riskier decisions

Source: Thinking, Fast & Slow, Daniel Kahneman, 2011

Page 30: Startup Marketing:  (E)motion, Virality, Consumer Behavior

30

Vanity is ego’s friend

@SeanMEverett @JeffreyRyanWho

Humans love to brag Provide a platform for people to do it

Page 31: Startup Marketing:  (E)motion, Virality, Consumer Behavior

31

…so relate to me

@SeanMEverett @JeffreyRyanWho

Everyone understands the weather But your app should speak to your tribe

Weather Notifier iPhone app

Page 32: Startup Marketing:  (E)motion, Virality, Consumer Behavior

(E)motion™

Page 33: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 33

Interaction excites us…

Every app feels the same Because they’re all so bland,

Create more (explosive) interaction

Angry Birds iPhone app

Page 34: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 34

…and motion moves us

Movement of the ball Is delightful to watch while waiting

for the app to find our location

Top: Milk’s Oink iPhone app Bottom: aprilzero.com

The clock’s pendulum and gears Surprise us at complexity not typically

experienced on a website

Page 35: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 35

…but emotion resonates

Positive emotions, Like love, joy, and catharsis resonate more than features

Apple’s FaceTime ad

Page 36: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 36

20% Nostalgia is emotion

increase in purchasing behavior when activating nostalgic memories

Page 37: Startup Marketing:  (E)motion, Virality, Consumer Behavior

37

Hierarchy of Needs*

@SeanMEverett @JeffreyRyanWho

To scale Everest Everything must work together to create (e)motion

*This is Evolyte, not Maslow

(E)motion

Motion, Interaction

Social, Local, Mobile

Design

Code

2012 & Beyond

2011 & Before

Emotion

Page 38: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 38

Nostalgia + Siri = (E)motion

Imagine the possibilities…

Page 39: Startup Marketing:  (E)motion, Virality, Consumer Behavior

@SeanMEverett @JeffreyRyanWho 39

Leave them wanting more

Part II coming soon… Consumer behavior for startups

Page 40: Startup Marketing:  (E)motion, Virality, Consumer Behavior

40

think different

evolyte.com http://bit.ly/SwagSwag