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LEVERAGING COGNITIVE PSYCHOLOGY
TO BETTER UNDERSTAND YOUR CONSUMER
JETSETTER TESTING
Click to edit Master title styleClick to edit Master title styleFirst-time booker dynamic personalizationCOGNITIVE PSYCHOLOGY: AN INFORMATION-PROCESSING MODEL
• Dr. Aaron T. Beck
• Significant contribution: founded cognitive therapy,
today’s leading form of evidence-based treatment
• What Freud missed: perception impacts emotion.
Not vice versa
• Thoughts rooted in core beliefs, not motivations,
account for how an individual perceives ambiguous
stimuli in the world
• Perception has a causal relationship to emotion
Click to edit Master title styleClick to edit Master title styleFirst-time booker dynamic personalization
• PERCEPTION/BELIEFS ABOUT 3 BASIC COMPONENTS COME TOGETHER TO SHAPE
HOW A PERSON INTERPRETS STIMULI:
– THE SELF
– THE WORLD/ENVIRONMENT
– THE FUTURE
• TRIAD BECOMES AN ALGORITHM FOR PROCESSING INFORMATION (SCHEMA)
• ROSE-COLORED GLASSES
• DETERMINE SOMEONE’S COGNITIVE TRIAD = PREDICT HOW THEY WILL REACT
TO INFORMATION.
THE COGNITIVE TRIAD
COGNITIVE PSYCHOLOGY: AN INFORMATION-PROCESSING MODEL
Click to edit Master title styleClick to edit Master title style
CONTROL NO PSYCH TEXT PSYCH TEXT
• POPULATION: NON-BUYERS, FEMALES AGE 25-34, INCOME $150K+, SINGLE
• POSSIBLE COGNITIVE TRIAD:
THE SELF: SUCCESSFUL, DRIVEN, TOO BUSY
THE WORLD/ENVIRONMENT: CONQUERABLE/ATTAINABLE
THE FUTURE: UPWARD CLIMB FROM CONTINUED HARD WORK
First-time booker dynamic personalizationA/B TESTING: APPLICATIONS TO MARKETING
Click to edit Master title styleClick to edit Master title style
We work so you can play.
Go ahead - recharge, relax, adventure or explore. Leave the
daily grind behind, because goodness knows you've earned it.
Just to get you started, we've tailored a special list of hotels
below exclusively for you.
With deals at up to 35% off, it's easier than ever to get away -
for a month, a night or any time in-between. You're in the
driver's seat, and it's about time to get what you really want.
A/B TESTING: APPLICATIONS TO MARKETINGFirst-time booker dynamic personalizationA/B TESTING: APPLICATIONS TO MARKETING
Click to edit Master title styleClick to edit Master title style
• PSYCHOGRAPHIC MESSAGING = LONGER TIME
ON SITE, MORE PAGES VISITED, LESS INITIAL
SITE ABANDONMENT
• ROOT LEVEL PERSONALIZATION = BEYOND
THE PRODUCT
RESULTSA/B TESTING: APPLICATIONS TO MARKETINGFirst-time booker dynamic personalizationRESULTS: ENGAGEMENT
Click to edit Master title styleClick to edit Master title styleRESULTS
METRIC CONTROL NO TEXT TEXT
CONVERSION RATE 0.07% 0.06% 0.21%
PER VISIT VALUE $0.54 $0.27 $2.11
• PSYCHOGRAPHIC MESSAGING = HIGHER
CONVERSION RATE AND PER VISIT VALUE THAN
BOTH NO TEXT AND CONTROL VERSIONS
A/B TESTING: APPLICATIONS TO MARKETINGFirst-time booker dynamic personalizationRESULTS: CONVERSION
Click to edit Master title styleClick to edit Master title styleRESULTS
CHALLENGES?
A/B TESTING: APPLICATIONS TO MARKETINGFirst-time booker dynamic personalization
PSYCH TEXT
Click to edit Master title styleClick to edit Master title styleRESULTSA/B TESTING: APPLICATIONS TO MARKETINGFirst-time booker dynamic personalizationAPPLICATIONS
Click to edit Master title styleClick to edit Master title styleRESULTS
KEY TAKEAWAYS
A/B TESTING: APPLICATIONS TO MARKETINGFirst-time booker dynamic personalization
• PSYCHOGRAPHICS, NOT JUST DEMOGRAPHICS
• STRUCTURE STRATEGIES AROUND BASIC HUMAN ELEMENTS
• DESIGN AND DATA ARE SYNONYMOUS
Click to edit Master title styleClick to edit Master title style
THANK YOU

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How cognitive psychology can help sell luxury

  • 1. LEVERAGING COGNITIVE PSYCHOLOGY TO BETTER UNDERSTAND YOUR CONSUMER JETSETTER TESTING
  • 2. Click to edit Master title styleClick to edit Master title styleFirst-time booker dynamic personalizationCOGNITIVE PSYCHOLOGY: AN INFORMATION-PROCESSING MODEL • Dr. Aaron T. Beck • Significant contribution: founded cognitive therapy, today’s leading form of evidence-based treatment • What Freud missed: perception impacts emotion. Not vice versa • Thoughts rooted in core beliefs, not motivations, account for how an individual perceives ambiguous stimuli in the world • Perception has a causal relationship to emotion
  • 3. Click to edit Master title styleClick to edit Master title styleFirst-time booker dynamic personalization • PERCEPTION/BELIEFS ABOUT 3 BASIC COMPONENTS COME TOGETHER TO SHAPE HOW A PERSON INTERPRETS STIMULI: – THE SELF – THE WORLD/ENVIRONMENT – THE FUTURE • TRIAD BECOMES AN ALGORITHM FOR PROCESSING INFORMATION (SCHEMA) • ROSE-COLORED GLASSES • DETERMINE SOMEONE’S COGNITIVE TRIAD = PREDICT HOW THEY WILL REACT TO INFORMATION. THE COGNITIVE TRIAD COGNITIVE PSYCHOLOGY: AN INFORMATION-PROCESSING MODEL
  • 4. Click to edit Master title styleClick to edit Master title style CONTROL NO PSYCH TEXT PSYCH TEXT • POPULATION: NON-BUYERS, FEMALES AGE 25-34, INCOME $150K+, SINGLE • POSSIBLE COGNITIVE TRIAD: THE SELF: SUCCESSFUL, DRIVEN, TOO BUSY THE WORLD/ENVIRONMENT: CONQUERABLE/ATTAINABLE THE FUTURE: UPWARD CLIMB FROM CONTINUED HARD WORK First-time booker dynamic personalizationA/B TESTING: APPLICATIONS TO MARKETING
  • 5. Click to edit Master title styleClick to edit Master title style We work so you can play. Go ahead - recharge, relax, adventure or explore. Leave the daily grind behind, because goodness knows you've earned it. Just to get you started, we've tailored a special list of hotels below exclusively for you. With deals at up to 35% off, it's easier than ever to get away - for a month, a night or any time in-between. You're in the driver's seat, and it's about time to get what you really want. A/B TESTING: APPLICATIONS TO MARKETINGFirst-time booker dynamic personalizationA/B TESTING: APPLICATIONS TO MARKETING
  • 6. Click to edit Master title styleClick to edit Master title style • PSYCHOGRAPHIC MESSAGING = LONGER TIME ON SITE, MORE PAGES VISITED, LESS INITIAL SITE ABANDONMENT • ROOT LEVEL PERSONALIZATION = BEYOND THE PRODUCT RESULTSA/B TESTING: APPLICATIONS TO MARKETINGFirst-time booker dynamic personalizationRESULTS: ENGAGEMENT
  • 7. Click to edit Master title styleClick to edit Master title styleRESULTS METRIC CONTROL NO TEXT TEXT CONVERSION RATE 0.07% 0.06% 0.21% PER VISIT VALUE $0.54 $0.27 $2.11 • PSYCHOGRAPHIC MESSAGING = HIGHER CONVERSION RATE AND PER VISIT VALUE THAN BOTH NO TEXT AND CONTROL VERSIONS A/B TESTING: APPLICATIONS TO MARKETINGFirst-time booker dynamic personalizationRESULTS: CONVERSION
  • 8. Click to edit Master title styleClick to edit Master title styleRESULTS CHALLENGES? A/B TESTING: APPLICATIONS TO MARKETINGFirst-time booker dynamic personalization PSYCH TEXT
  • 9. Click to edit Master title styleClick to edit Master title styleRESULTSA/B TESTING: APPLICATIONS TO MARKETINGFirst-time booker dynamic personalizationAPPLICATIONS
  • 10. Click to edit Master title styleClick to edit Master title styleRESULTS KEY TAKEAWAYS A/B TESTING: APPLICATIONS TO MARKETINGFirst-time booker dynamic personalization • PSYCHOGRAPHICS, NOT JUST DEMOGRAPHICS • STRUCTURE STRATEGIES AROUND BASIC HUMAN ELEMENTS • DESIGN AND DATA ARE SYNONYMOUS
  • 11. Click to edit Master title styleClick to edit Master title style THANK YOU

Editor's Notes

  1. My second job: Research Assistant for Dr. Beck. Has been on the short list for the Nobel Prize in Medicine and Physiology for the last few years due to his revolutionary research on the importance of perception in mediating emotions (aside from motivation)
  2. Psychographic groups with dedicated text; three way split to control for different layout
  3. Text geared specifically towards speaking to psychographic perceptual beliefs, beyond the product being sold
  4. People who received root-level perception messaging stuck around site longer and visited more pages I hacked this email together using what limited knowledge I had of HTML. Imagine what could be done if this theory and approach were combined with creative and editorial personnel
  5. People who received root-level perception messaging stuck around site longer and visited more pages I hacked this email together using what limited knowledge I had of HTML. Imagine what could be done if this theory and approach were combined with creative and editorial personnel
  6. People who received root-level perception messaging stuck around site longer and visited more pages I hacked this email together using what limited knowledge I had of HTML. Imagine what could be done if this theory and approach were combined with creative and editorial personnel
  7. People who received root-level perception messaging stuck around site longer and visited more pages I hacked this email together using what limited knowledge I had of HTML. Imagine what could be done if this theory and approach were combined with creative and editorial personnel
  8. People who received root-level perception messaging stuck around site longer and visited more pages I hacked this email together using what limited knowledge I had of HTML. Imagine what could be done if this theory and approach were combined with creative and editorial personnel