corporate visions ppt template - amazon web …...customer acquisition customer expansion defeat...

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INVALUABLE IGNORED

CONTEXT EFFECTInfluence of environmental factors on the perception of a stimulus

Customer Acquisition Customer Expansion

Audience Poll

How different is your approach to customer acquisition vs customer expansion conversations?

❑ No Difference

❑ Slightly Different

❑ Completely Different

Customer Acquisition Customer Expansion

Customer Acquisition Customer Expansion

ReinforceDefeat STATUSQUO BIAS

Customer Acquisition Customer Expansion

ReinforceDefeat

WhyChange?

WhyNow?

WhyStay?

WhyEvolve?

STATUSQUO BIAS

Customer Acquisition Customer Expansion

ReinforceDefeat

WhyChange?

WhyNow?

WhyStay?

WhyEvolve?

STATUSQUO BIAS

Different PsychologyDifferent StoriesDifferent Skills

De-stabilize Preferences

Cost ofSame

ClearContrast

ProofStory

Status Quo Bias

Why Change Messaging Model

Introduce Unconsidered

Needs

Show Limitations of Current Approach

Compare Improved New

Approach

Tell Before and After Success

Story

De-Stabilize Preferences

Cost of Staying Same

Clear Contrast

Proof Story

Why Change Test Results

50

11

10

Different or Unique%Higher Quality +%More Likely to Purchase+%

NEEDS

CAPABILITIES

Identified

NEEDS

CAPABILITIES

Identified

NEEDS

CAPABILITIESSpecified

Identified

NEEDS

CAPABILITIESSpecified

Identified

NEEDS

CAPABILITIESSpecified

Commoditized Conversation

NEEDS

Identified

Specified CAPABILITIES

UNKNOWNSTRENGTHS

Commoditized Conversation

NEEDS

Identified

Specified CAPABILITIES

UNKNOWNSTRENGTHS

Commoditized Conversation + COST +COMPLEXITY

NEEDS

Identified

Specified CAPABILITIES

UNKNOWNSTRENGTHS

Commoditized Conversation + COST +COMPLEXITY

UNCONSIDEREDNEEDS

De-stabilize Preferences

Cost ofSame

ClearContrast

ProofStory

Status Quo Bias

De-stabilize Preferences

Cost ofSame

ClearContrast

ProofStory

Status Quo Bias

XReinforce X Reinforce

XReinforce

XReinforce

Document Results

Review Prior Decision Process

Mention Risk of Change

Highlight Cost of Change

Detail Your Competitive Advances

Reinforce Preference Stability

Reinforce Anticipated Regret and

Blame

Reinforce Perceived Cost

of Change

Reinforce Selection Difficulty

Why Stay Messaging Model

Why Stay Test Results

10

13

11

Higher Favorability %Greater Intention to Renew+%Less Likely to Switch+%

VALUE

TIME

VALUE

TIME

Current Impact

DEAL

VALUE

TIME

Current Impact

DEAL Investment + Effort

VALUE

TIME

Current Impact

DEAL Investment + Effort

Incumbent Advantage

VALUE

TIME

Competitor

Current Impact

DEAL Investment + Effort

Potential Value?

New Needs

Incumbent Advantage

VALUE

TIME

Competitor

Current Impact

DEAL Investment + Effort

Potential Value?

New NeedsFutureImpact

Incumbent Advantage

VALUE

At Risk!

TIME

Competitor

Current Impact

DEAL Investment + Effort

Potential Value?

New Needs

At Risk!

FutureImpact

Why Stay?Incumbent Advantage

VALUE

At Risk!

TIME

Competitor

Current Impact

DEAL Investment + Effort

Potential Value?

New Needs

At Risk!

FutureImpact

ProjectedImpact

At Risk!Incumbent Advantage

Why Evolve?

Why Stay?

Why Evolve Messaging Model

Why Evolve Test Results

10

13

16

More Convincing Case%More Willing to Update+%More Likely to Purchase+%

Customer Acquisition Customer Expansion

ReinforceDefeat

WhyChange?

WhyNow?

WhyStay?

WhyEvolve?

STATUSQUO BIAS

Different PsychologyDifferent StoriesDifferent Skills

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