Thanks

(This article was originally published in the MarketingExperiments email newsletter.)

The use of incentives is one of the most effective ways to counter friction and anxiety, therefore it can have a significant impact on conversion. But if you are currently using an incentive and it’s not having a major impact, you’re probably not using the right one — or your presentation is lacking.

In this video replay, Flint McGlaughlin not only gives messaging strategies for presenting incentives but also explains how you can identify the best incentive for your offer by using the MECLABS Perceived Value Differential Heuristic. He explains how to apply it with step-by-step instructions and examples.

PVD = Vp — C$n

“PVD” = Perceived Value Differential

“Vp” = Perceived Value of incentive

“C$n” = Net delivered Cost of incentive

Watch the video to learn how you can combine customer psychology with the power of PVD, rigorous testing and a smart set of hypotheses around incentives to maximize response rates, generate more leads and increase sales.

Here are some key points in the video:

  • 4:53 Case study – Choosing the best Amazon gift card incentive
  • 8:15 Case study – Online people search company addresses cart abandonment issue with incentive
  • 16:33 The MECLABS Conversion Index
  • 19:25 Key Principle #1 The objective of an incentive
  • 25:37 Key Principle #2 Test your incentive
  • 26:10 Key Principle #3 The ideal incentive has three components
  • 27:49 Perceived Value Differential: 3 principles
  • 36:32 Four ways to improve the presentation of the incentive
  • 42:44 A step-by-step example of how to do a PVD calculation

Related Resources

MECLABS Landing Page Optimization Online Course – This on-demand course teaches more about incentive, PVD and ROI

Customer-First Marketing Strategy: The highest of the five levels of marketing maturity

Digital Marketing: 3 test ideas to optimize your incentive offers

Finding the Ideal Incentive

The post Unlocking the Power of Incentive: Three keys to mastering perceived value differential appeared first on MarketingExperiments.

Who else loves

(This article was originally published in the MarketingExperiments email newsletter.)

The use of incentives is one of the most effective ways to counter friction and anxiety, therefore it can have a significant impact on conversion. But if you are currently using an incentive and it’s not having a major impact, you’re probably not using the right one — or your presentation is lacking.

In this video replay, Flint McGlaughlin not only gives messaging strategies for presenting incentives but also explains how you can identify the best incentive for your offer by using the MECLABS Perceived Value Differential Heuristic. He explains how to apply it with step-by-step instructions and examples.

PVD = Vp — C$n

“PVD” = Perceived Value Differential

“Vp” = Perceived Value of incentive

“C$n” = Net delivered Cost of incentive

Watch the video to learn how you can combine customer psychology with the power of PVD, rigorous testing and a smart set of hypotheses around incentives to maximize response rates, generate more leads and increase sales.

Here are some key points in the video:

  • 4:53 Case study – Choosing the best Amazon gift card incentive
  • 8:15 Case study – Online people search company addresses cart abandonment issue with incentive
  • 16:33 The MECLABS Conversion Index
  • 19:25 Key Principle #1 The objective of an incentive
  • 25:37 Key Principle #2 Test your incentive
  • 26:10 Key Principle #3 The ideal incentive has three components
  • 27:49 Perceived Value Differential: 3 principles
  • 36:32 Four ways to improve the presentation of the incentive
  • 42:44 A step-by-step example of how to do a PVD calculation

Related Resources

MECLABS Landing Page Optimization Online Course – This on-demand course teaches more about incentive, PVD and ROI

Customer-First Marketing Strategy: The highest of the five levels of marketing maturity

Digital Marketing: 3 test ideas to optimize your incentive offers

Finding the Ideal Incentive

The post Unlocking the Power of Incentive: Three keys to mastering perceived value differential appeared first on MarketingExperiments.

loving the post

(This article was originally published in the MarketingExperiments email newsletter.)

The use of incentives is one of the most effective ways to counter friction and anxiety, therefore it can have a significant impact on conversion. But if you are currently using an incentive and it’s not having a major impact, you’re probably not using the right one — or your presentation is lacking.

In this video replay, Flint McGlaughlin not only gives messaging strategies for presenting incentives but also explains how you can identify the best incentive for your offer by using the MECLABS Perceived Value Differential Heuristic. He explains how to apply it with step-by-step instructions and examples.

PVD = Vp — C$n

“PVD” = Perceived Value Differential

“Vp” = Perceived Value of incentive

“C$n” = Net delivered Cost of incentive

Watch the video to learn how you can combine customer psychology with the power of PVD, rigorous testing and a smart set of hypotheses around incentives to maximize response rates, generate more leads and increase sales.

Here are some key points in the video:

  • 4:53 Case study – Choosing the best Amazon gift card incentive
  • 8:15 Case study – Online people search company addresses cart abandonment issue with incentive
  • 16:33 The MECLABS Conversion Index
  • 19:25 Key Principle #1 The objective of an incentive
  • 25:37 Key Principle #2 Test your incentive
  • 26:10 Key Principle #3 The ideal incentive has three components
  • 27:49 Perceived Value Differential: 3 principles
  • 36:32 Four ways to improve the presentation of the incentive
  • 42:44 A step-by-step example of how to do a PVD calculation

Related Resources

MECLABS Landing Page Optimization Online Course – This on-demand course teaches more about incentive, PVD and ROI

Customer-First Marketing Strategy: The highest of the five levels of marketing maturity

Digital Marketing: 3 test ideas to optimize your incentive offers

Finding the Ideal Incentive

The post Unlocking the Power of Incentive: Three keys to mastering perceived value differential appeared first on MarketingExperiments.

More info on ok? like = agree

(This article was originally published in the MarketingExperiments email newsletter.)

The use of incentives is one of the most effective ways to counter friction and anxiety, therefore it can have a significant impact on conversion. But if you are currently using an incentive and it’s not having a major impact, you’re probably not using the right one — or your presentation is lacking.

In this video replay, Flint McGlaughlin not only gives messaging strategies for presenting incentives but also explains how you can identify the best incentive for your offer by using the MECLABS Perceived Value Differential Heuristic. He explains how to apply it with step-by-step instructions and examples.

PVD = Vp — C$n

“PVD” = Perceived Value Differential

“Vp” = Perceived Value of incentive

“C$n” = Net delivered Cost of incentive

Watch the video to learn how you can combine customer psychology with the power of PVD, rigorous testing and a smart set of hypotheses around incentives to maximize response rates, generate more leads and increase sales.

Here are some key points in the video:

  • 4:53 Case study – Choosing the best Amazon gift card incentive
  • 8:15 Case study – Online people search company addresses cart abandonment issue with incentive
  • 16:33 The MECLABS Conversion Index
  • 19:25 Key Principle #1 The objective of an incentive
  • 25:37 Key Principle #2 Test your incentive
  • 26:10 Key Principle #3 The ideal incentive has three components
  • 27:49 Perceived Value Differential: 3 principles
  • 36:32 Four ways to improve the presentation of the incentive
  • 42:44 A step-by-step example of how to do a PVD calculation

Related Resources

MECLABS Landing Page Optimization Online Course – This on-demand course teaches more about incentive, PVD and ROI

Customer-First Marketing Strategy: The highest of the five levels of marketing maturity

Digital Marketing: 3 test ideas to optimize your incentive offers

Finding the Ideal Incentive

The post Unlocking the Power of Incentive: Three keys to mastering perceived value differential appeared first on MarketingExperiments.

Anything related to this is really interesting

(This article was originally published in the MarketingExperiments email newsletter.)

The use of incentives is one of the most effective ways to counter friction and anxiety, therefore it can have a significant impact on conversion. But if you are currently using an incentive and it’s not having a major impact, you’re probably not using the right one — or your presentation is lacking.

In this video replay, Flint McGlaughlin not only gives messaging strategies for presenting incentives but also explains how you can identify the best incentive for your offer by using the MECLABS Perceived Value Differential Heuristic. He explains how to apply it with step-by-step instructions and examples.

PVD = Vp — C$n

“PVD” = Perceived Value Differential

“Vp” = Perceived Value of incentive

“C$n” = Net delivered Cost of incentive

Watch the video to learn how you can combine customer psychology with the power of PVD, rigorous testing and a smart set of hypotheses around incentives to maximize response rates, generate more leads and increase sales.

Here are some key points in the video:

  • 4:53 Case study – Choosing the best Amazon gift card incentive
  • 8:15 Case study – Online people search company addresses cart abandonment issue with incentive
  • 16:33 The MECLABS Conversion Index
  • 19:25 Key Principle #1 The objective of an incentive
  • 25:37 Key Principle #2 Test your incentive
  • 26:10 Key Principle #3 The ideal incentive has three components
  • 27:49 Perceived Value Differential: 3 principles
  • 36:32 Four ways to improve the presentation of the incentive
  • 42:44 A step-by-step example of how to do a PVD calculation

Related Resources

MECLABS Landing Page Optimization Online Course – This on-demand course teaches more about incentive, PVD and ROI

Customer-First Marketing Strategy: The highest of the five levels of marketing maturity

Digital Marketing: 3 test ideas to optimize your incentive offers

Finding the Ideal Incentive

The post Unlocking the Power of Incentive: Three keys to mastering perceived value differential appeared first on MarketingExperiments.

Important Post !

(This article was originally published in the MarketingExperiments email newsletter.)

The use of incentives is one of the most effective ways to counter friction and anxiety, therefore it can have a significant impact on conversion. But if you are currently using an incentive and it’s not having a major impact, you’re probably not using the right one — or your presentation is lacking.

In this video replay, Flint McGlaughlin not only gives messaging strategies for presenting incentives but also explains how you can identify the best incentive for your offer by using the MECLABS Perceived Value Differential Heuristic. He explains how to apply it with step-by-step instructions and examples.

PVD = Vp — C$n

“PVD” = Perceived Value Differential

“Vp” = Perceived Value of incentive

“C$n” = Net delivered Cost of incentive

Watch the video to learn how you can combine customer psychology with the power of PVD, rigorous testing and a smart set of hypotheses around incentives to maximize response rates, generate more leads and increase sales.

Here are some key points in the video:

  • 4:53 Case study – Choosing the best Amazon gift card incentive
  • 8:15 Case study – Online people search company addresses cart abandonment issue with incentive
  • 16:33 The MECLABS Conversion Index
  • 19:25 Key Principle #1 The objective of an incentive
  • 25:37 Key Principle #2 Test your incentive
  • 26:10 Key Principle #3 The ideal incentive has three components
  • 27:49 Perceived Value Differential: 3 principles
  • 36:32 Four ways to improve the presentation of the incentive
  • 42:44 A step-by-step example of how to do a PVD calculation

Related Resources

MECLABS Landing Page Optimization Online Course – This on-demand course teaches more about incentive, PVD and ROI

Customer-First Marketing Strategy: The highest of the five levels of marketing maturity

Digital Marketing: 3 test ideas to optimize your incentive offers

Finding the Ideal Incentive

The post Unlocking the Power of Incentive: Three keys to mastering perceived value differential appeared first on MarketingExperiments.

Thanks

(This article was originally published in the MarketingExperiments email newsletter.)

Year-end wrap-up articles tend to focus on the newest cutting-edge technology — that new AI-powered, machine-learning doohickey that uses blockchain technology to automate an influencer marketing hub.

Yeah, yeah, yeah.

The new can be
helpful, but like a kitten playing with tinsel on Christmas morning (or even
worse, playing with a lit menorah on the eighth night of Hanukkah), we can all
too easily get distracted (and even burned) by the new and shiny at the expense
of the fundamental and foundational.

In 2019, sure, we here at MarketingExperiments tried to find novel, innovative ways to serve you — most notably, our new, interactive sessions broadcast through YouTube Live.

But when I looked
in the ‘ol analytics platform to see which MarketingExperiments content got the
most pageviews, much of the content your peers found most helpful was in fact
based on fundamental and foundational principles. We’ve shared that information
below in the hopes that these articles and videos can help you as well.

 

How to Amplify the Power of Your Value Proposition

This was the first MarketingExperiments
YouTube Live session and is, so far, the most popular. In it, Flint
McGlaughlin, CEO and Managing Director, MECLABS Institute (parent organization
of MarketingExperiments), teaches a four-part framework that represents the
number one way to drive results.

Here’s how Frank Ofem describes the session in the YouTube comments: “This is loaded!!! On replay more than 4 times and still having crystals on my notepad!!! JUST Awesome …”

WATCH NOW

 

The 21 Psychological Elements that Power Effective Web Design (Part 1)

Flint taught a framework to help you think
about your webpages systematically in order to achieve consistent conversion
lifts.

After watching this video, Betsey O’Hagan went on Facebook to say she was, “Grateful for Flint McGlaughlin’s passion, energy, and learning.”

WATCH NOW

 

How to Wireframe a Landing Page: 6 steps

A MarketingExperiments reader emailed us and asked about our wireframing process. So, we wrote this article breaking it down step by step.

On LinkedIn, Miles Bennett said, “Interesting post on how to #wireframe a #landingpage.  Ok it’s a little more — it’s a step-by-step guide and quite insightful.  Have you set your objectives?  Is measurement in place? Have you done customer testing? #wortharead”

READ NOW

 

CRO Cheat Sheet: Customer thinking guide for conversion rate optimization

This article features a free tool based on
the MECLABS Institute Conversion Heuristic to help you increase the probability
of conversion in your marketing (and really, in everything in life). You can
instantly download this free two-page PDF (instant download, no form fill or
squeeze page) and print it out to hang in your office. The article also
includes a deeper explanation to help you put this information into action.

On LinkedIn, our friend Max Marker said

“‘Stop viewing your funnel through the lens
of the marketer and begin viewing it through the lens of the customer.’” 

This article provides a powerful framework
that can be used to significantly increase the performance of your marketing
funnel. 

#MECLABS #meclabsconversionheuristic
#ConversionOptimization #DigitalMarketing”

READ NOW

 

Value Sequencing Decider Graphic: What do your customers need to know, and when do they need to know it?

This article offers a decision tree to help
you understand how and where to communicate value to customers throughout the
customer buying journey. Plus, the article includes free PNG and PDF downloads
(instant download, no form fill or squeeze page) of the decider infographic.

On Twitter, Rebel Digital Marketing shared the article with a brain emoji and asked …

“What do your customers need to know to cheerfully buy? #ecommerce #digitalmarketing”

READ NOW

 

Plus, one more bonus article. After all,
2020 won’t just usher in a new year, it will bring an entirely new decade. So
here is the article your peers found the most helpful from MarketingExperiments
over the past decade (did this decade ever get a name? “The Teens” maybe?):

A/B Testing: Example of a good hypothesis

True A/B testing success takes more than
just putting random good ideas in a splitter and seeing what comes out. By
engaging in hypothesis-driven testing, you get results, but most importantly you
learn more about the customer. That is business intelligence that can help
throughout the organization.

This article gives you a simple framework
for creating a marketing hypothesis.

On Twitter, Michael Aagaard said of the article: “This is the best piece I’ve read on Test Hypotheses”

READ NOW

Please note, while the above-mentioned article is helpful, it was published in 2013 and MECLABS Institute (parent organization of MarketingExperiments) has further innovated our A/B testing hypothesis methodology in that time. You can see that updated methodology in A/B Testing Summit Keynote: A 4-step framework for designing winning hypotheses that generate marketing results.

 

Related Resources

Mobile A/B Testing: Quality assurance checklist

Optimization Expert Flint McGlaughlin Rapidly Diagnoses Pages LIVE in Real-Time (Part 2)

Landing Page Optimization, Value Proposition, Online Testing, and Email Messaging on-demand courses from MECLABS Institute

 

The post Value Proposition, Web Design, and Wireframing: Your peers’ favorite MarketingExperiments articles and videos of 2019 appeared first on MarketingExperiments.

anyone like this as much as we do

(This article was originally published in the MarketingExperiments email newsletter.)

Year-end wrap-up articles tend to focus on the newest cutting-edge technology — that new AI-powered, machine-learning doohickey that uses blockchain technology to automate an influencer marketing hub.

Yeah, yeah, yeah.

The new can be
helpful, but like a kitten playing with tinsel on Christmas morning (or even
worse, playing with a lit menorah on the eighth night of Hanukkah), we can all
too easily get distracted (and even burned) by the new and shiny at the expense
of the fundamental and foundational.

In 2019, sure, we here at MarketingExperiments tried to find novel, innovative ways to serve you — most notably, our new, interactive sessions broadcast through YouTube Live.

But when I looked
in the ‘ol analytics platform to see which MarketingExperiments content got the
most pageviews, much of the content your peers found most helpful was in fact
based on fundamental and foundational principles. We’ve shared that information
below in the hopes that these articles and videos can help you as well.

 

How to Amplify the Power of Your Value Proposition

This was the first MarketingExperiments
YouTube Live session and is, so far, the most popular. In it, Flint
McGlaughlin, CEO and Managing Director, MECLABS Institute (parent organization
of MarketingExperiments), teaches a four-part framework that represents the
number one way to drive results.

Here’s how Frank Ofem describes the session in the YouTube comments: “This is loaded!!! On replay more than 4 times and still having crystals on my notepad!!! JUST Awesome …”

WATCH NOW

 

The 21 Psychological Elements that Power Effective Web Design (Part 1)

Flint taught a framework to help you think
about your webpages systematically in order to achieve consistent conversion
lifts.

After watching this video, Betsey O’Hagan went on Facebook to say she was, “Grateful for Flint McGlaughlin’s passion, energy, and learning.”

WATCH NOW

 

How to Wireframe a Landing Page: 6 steps

A MarketingExperiments reader emailed us and asked about our wireframing process. So, we wrote this article breaking it down step by step.

On LinkedIn, Miles Bennett said, “Interesting post on how to #wireframe a #landingpage.  Ok it’s a little more — it’s a step-by-step guide and quite insightful.  Have you set your objectives?  Is measurement in place? Have you done customer testing? #wortharead”

READ NOW

 

CRO Cheat Sheet: Customer thinking guide for conversion rate optimization

This article features a free tool based on
the MECLABS Institute Conversion Heuristic to help you increase the probability
of conversion in your marketing (and really, in everything in life). You can
instantly download this free two-page PDF (instant download, no form fill or
squeeze page) and print it out to hang in your office. The article also
includes a deeper explanation to help you put this information into action.

On LinkedIn, our friend Max Marker said

“‘Stop viewing your funnel through the lens
of the marketer and begin viewing it through the lens of the customer.’” 

This article provides a powerful framework
that can be used to significantly increase the performance of your marketing
funnel. 

#MECLABS #meclabsconversionheuristic
#ConversionOptimization #DigitalMarketing”

READ NOW

 

Value Sequencing Decider Graphic: What do your customers need to know, and when do they need to know it?

This article offers a decision tree to help
you understand how and where to communicate value to customers throughout the
customer buying journey. Plus, the article includes free PNG and PDF downloads
(instant download, no form fill or squeeze page) of the decider infographic.

On Twitter, Rebel Digital Marketing shared the article with a brain emoji and asked …

“What do your customers need to know to cheerfully buy? #ecommerce #digitalmarketing”

READ NOW

 

Plus, one more bonus article. After all,
2020 won’t just usher in a new year, it will bring an entirely new decade. So
here is the article your peers found the most helpful from MarketingExperiments
over the past decade (did this decade ever get a name? “The Teens” maybe?):

A/B Testing: Example of a good hypothesis

True A/B testing success takes more than
just putting random good ideas in a splitter and seeing what comes out. By
engaging in hypothesis-driven testing, you get results, but most importantly you
learn more about the customer. That is business intelligence that can help
throughout the organization.

This article gives you a simple framework
for creating a marketing hypothesis.

On Twitter, Michael Aagaard said of the article: “This is the best piece I’ve read on Test Hypotheses”

READ NOW

Please note, while the above-mentioned article is helpful, it was published in 2013 and MECLABS Institute (parent organization of MarketingExperiments) has further innovated our A/B testing hypothesis methodology in that time. You can see that updated methodology in A/B Testing Summit Keynote: A 4-step framework for designing winning hypotheses that generate marketing results.

 

Related Resources

Mobile A/B Testing: Quality assurance checklist

Optimization Expert Flint McGlaughlin Rapidly Diagnoses Pages LIVE in Real-Time (Part 2)

Landing Page Optimization, Value Proposition, Online Testing, and Email Messaging on-demand courses from MECLABS Institute

 

The post Value Proposition, Web Design, and Wireframing: Your peers’ favorite MarketingExperiments articles and videos of 2019 appeared first on MarketingExperiments.