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How to double your leads & conversions by understanding human behaviour. By Ryosei Kurihara Head of Conversion at LeadFormly

Case Study: How to double your leads by understanding human behaviour

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Page 1: Case Study: How to double your leads by understanding human behaviour

How to double your leads & conversions by understandinghuman behaviour.

By Ryosei KuriharaHead of Conversion at

LeadFormly

Page 2: Case Study: How to double your leads by understanding human behaviour

~16% conversion

rate~43%

conversion rate

A 200%+ improvement

Page 3: Case Study: How to double your leads by understanding human behaviour

How?

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Amygdala

https://joshuaosullivan.files.wordpress.com/2012/01/homer-simpson-lizard-brain.jpeg

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It is responsible for revenge, anger, fitting

in and reproduction- Seth Godin.

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Part 1: 3 concepts that doubles conversion rates

1. Cognitive Biases That Influence Decisions

2. Fogg Behaviour Model & Driving Action

3. LIFT Model and Boosting Conversions

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Concept #1:Cognitive Biases

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The IKEA effect

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Confirmation bias

http://i2.cdn.turner.com/cnnnext/dam/assets/150807112010-debate-gfx-trump-super-169.jpg

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Bandwagon effect

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Sunk cost fallacy

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Bandwagon effect

Ikea effect &

Sunk cost

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https://en.wikipedia.org/wiki/List_of_cognitive_biases

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Tool #2 Fogg Behaviour Model

http://www.bjfogg.com/

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• Pleasure/Pain• Hope/Fear• Social

acceptance/Rejection

Motivation

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• Time• Money• Physical effort• Brain cycles• Social conformity• Routine

Ability

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MoneyTime

Physical effort

Brain cycles

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conversionxl.com/how-to-use-behavioral-design-for-boosting-conversions-using-the-fogg-behavior-model/

Don’t underestimate the power of ability

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Tool #3 The LIFT Model by WiderFunnel

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Value proposition

Distractions Clarity

Relevance

Anxiety

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Boost your conversion

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3 Takeaways

Humans are illogicalAbility > MotivationValue proposition gives you wings

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Referenceshttp://www.widerfunnel.com/lift-model/

http://conversionxl.com/how-to-use-behavioral-design-for-boosting-conversions-using-the-fogg-behavior-model/

http://www.bjfogg.com/

http://uk.businessinsider.com/cognitive-biases-that-affect-decisions-2015-8