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VHNet 06-11-2010 08:11 PM

Mind Fuck Marketing - RMJ
 
http://returnmyjedi.com/2010/06/mind...rketing-v-1-0/

Some of you guys/gals may already understand this concept...but not fully understand why it works.

Hope this is helpful.

Don't agree? I'd love to hear your responses - I try to be, but I'm not always right :(

Agent 488 06-11-2010 08:13 PM

supermarkets have been increasing sales lately by reducing choice and pulling options off the shelves.

VHNet 06-11-2010 08:22 PM

Quote:

Originally Posted by Agent 488 (Post 17239644)
supermarkets have been increasing sales lately by reducing choice and pulling options off the shelves.

It's interesting you say that.

There seems to be a point where too much is a bad thing...

Another study (I can't find the link anymore, sorry) I read showed that one of those taste-testing vendors tried 2 different methods of promotion. 1 week they had 6 different bottles of their product on the table (6 choices), another week they had 21 different bottles of their product on the table (21 choices). I believe the product was different flavors of Jam/Jelly.

The table with 21 choices had a significantly larger number of views (people stopping to check them all out...they looked cool, yanno?). However the table with 6 choices had much higher sales.

Seems like when there's TOO MANY options people freeze up and choose nothing. I believe this is called "analysis paralysis". People WAY over think and freeze up.

I don't believe that the 3 options I present are too many...but if you were to give 10 options...maybe? The 3 options are easy to digest (as shown by The Economist example).

Domain Diva 06-11-2010 08:34 PM

Great reading, thanks :)

I found the electronic and print subscription results very interesting.....

harvey 06-12-2010 01:25 AM

Interesting concept but wrong. While you might have found one study supporting this, I can find 1000+ supporting the exact opposite, based on real life consumer behavior. I'm falling asleep now, but will explain it tomorrow in depth if needed

Raf1 06-12-2010 02:02 AM

I don't really agree with this, but interesting article anyway.

seeandsee 06-12-2010 05:32 AM

Interesting marketing (3 plans from article)

When people see that print cost same as elector + prints

they go with that 3rd plan, and they odn't know why...

VHNet 06-12-2010 06:26 AM

Quote:

Originally Posted by harvey (Post 17240009)
Interesting concept but wrong. While you might have found one study supporting this, I can find 1000+ supporting the exact opposite, based on real life consumer behavior. I'm falling asleep now, but will explain it tomorrow in depth if needed

Would love to see them. I'm ALWAYS looking for examples where my ideas/methods don't work. Gives me a better sense of when to/not to use the strategy.

BTW -- I have used this method, in adult, and it has worked, but it may not work in all cases.

harvey 06-12-2010 04:25 PM

Quote:

Originally Posted by VHNet (Post 17240248)
Would love to see them. I'm ALWAYS looking for examples where my ideas/methods don't work. Gives me a better sense of when to/not to use the strategy.

BTW -- I have used this method, in adult, and it has worked, but it may not work in all cases.

well, in fact you gave the answers yourself with the samples you provided. First, you mention the "7 +/- 2" concept, a concept that modern behavioral psychology doesn't accept anymore (one of the reasons being this would work only on stimulus-free environments, like the experiment you mention proves: any external stimulus may trigger a totally different answer). In this experiment, you mention that people had to remember only 2 actions/variables/answers and they made it all wrong by just adding a distraction element.

Then you mention another research where less options ended in more sales (which, btw, is a pretty known and tested marketing tool), and right after that, after proving that "less distraction=higher sales" you propose to add even more distraction elements.

Now, I think I know where you're aiming to, it's a flavor of what is known as "frustration marketing" (people end buying your option simply because all other options are worse), but this is a technique used on very specific environments and usually after everything fails (the most common context is when you know your product is really bad and, of course, you want to sell it anyway. Another common example in adult is the CJ model).

But here's the thing: throughout years and decades, the real treat in marketing and advertisement is to stand out and make your product look like the only choice, whether you're using logical or visceral arguments. All intents of covering a marketing action with crap and confusing customers always ended bad: either you won't sell, or you'll make a sale, but you'll lose your customer for ever (you even gave the reasoning yourself:

Quote:

When you left…did you chose the ice cream that you originally thought you would? Or did you over-analyze…and drive home with something else? Did you regret it?
So, yes, your customer, frustrated, will never buy from you again.

Now, on to The Economist sample:

First, go to http://www.economist.com/members/mem...act=sub_center

There you'll see 2 very important things:
a) they're not using this "great" technique, instead they're very specific and to the point (you'd have checked this first, in fact everything I'm writing starts and ends here)
b) the "experiment" shows a really big variation in price, which probably means the data is extremely old (hence, absolutely useless in research environments) . That will logically explain the results: when subscribers weren't as used to read electronic newspapers, they were usually choosing the print version. Now, if you offer this base product and then add value, and furthermore, you add it.... FOR FREE, well, the only thing that amazes me is that 100% of people didn't choose option 3, no matter if they planned to use the added value or not, it was FREE. But even if there was some cost, I'm pretty sure people would have still chose that option, because of perceived value pricing and aspirational/status strategy. So, IMHO, none of the experiments you chose prove your point (in fact they prove it otherwise, as noted) and you can look for any advanced marketing book or online articles and you'll see how everything ends in "simple and to the point"

Finally, a thing that many people in adult couldn't care less: a customer is gold. It costs many times more to get a new customer than to keep it, then I really don't get why would you use a technique to get a customer and then lose him/her immediately due to frustration, it really shocks me. And when I say frustration, I mean 2 sides: client frustrated with the product (which might be excellent, but YOU HAD TO CHEAT THE CUSTOMER, so he/she will always think there's something wrong) and client frustrated with himself/herself because of the bad decision he/she took: thus, this technique goes against what is common sense, what has been researched, tracked and measured thousands of times and what EVERY (and I mean EVERY, like in ALL) marketing study, book and article says: you want to make your customer feel good about himself/herself, it's the #1 rule in behavioral marketing, and probably the only one undisputed to this day, exception made of those going after "shocking" effects (like those articles you mention)

Note: All the above being said, you can play games with consumer's minds, and as a matter of fact that's what marketing does every time, every minute, every single day. You can confuse them, you can make them buy things they didn't even think they needed, you can CREATE needs. But there's one thing that will never change: at the end, the deal ends with a sale.

VHNet 06-12-2010 05:26 PM

Point well taken. I appreciate the detailed response. Will have to go back and refine my thoughts.

I'm writing these articles not only to attempt to explain my theories...but get the exact type of response as yours. Helps me out a bit when my previous mindsets can be proved wrong and force me to think again (especially when it relates to adult marketing).

I'm still a believer in forcing people, with price points, to the exact package you want them to be at - it makes forecasting a hell of a lot easier, in my opinion - but to confuse and THEN market/force...maybe that's where you draw the line.

Again, much appreciated :) .

fatfoo 06-12-2010 09:47 PM

"You want people to be confused. You want them to over-analyze the situation. When there are too many choices in front of them, they make irrational decisions." - that's an interesting one.

woj 06-12-2010 10:19 PM

interesting stuff :thumbsup

MissMina 06-14-2010 05:35 AM

Great thread.

TeenSluts 06-14-2010 05:47 AM

nice blog


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