SlideShare a Scribd company logo
4 Time-Tested Principles of
Psychology that Will Help You
Increase Your Conversion
Rates
By Khalid Saleh
Psychology is the “secret sauce” of
conversion rate optimization
You will persuade users better Your users will be happier and
get better margins
1. Loss Aversion Theory
www.invespcro.com
Loss Aversion Theory
People will fight harder to prevent
a loss than to gain a reward
A free gift makes
customers feel like they
scored a deal with their
decision.
Tip
www.invespcro.com
Example: Free Shipping
A lack of free shipping is one of
the biggest reasons for shopping
cart abandonment
Asos clearly mentions its free
shipping policies right at the
center of its homepage
2.FoMO (Fear of Missing Out)
www.invespcro.com
FoMO
Psychologists call this
phenomenon Fear of Missing Out
aka FoMO.
www.invespcro.com
• Researchers
put 10
cookies in
one jar
• 2 of the same
cookies into
another jar.
Conditions
• Users rate
the chocolate
chip cookies.Task
• Higher
ratings to the
cookies in
two-cookie
jar
Results
Study on scarctiy effect
www.invespcro.com
This shows people value
items that come in limited
quantities. “Act now while
supplies last” is a great way
to persuade customers.
Make it look like
customers might
lose out if they
buy the product
right away
Tip
Example
Winewoot makes user of
time limits to encourage
purchases
Users might think that since
there are only limited rooms
left, they are missing out on an
exciting deal.
3. Instant Satisfaction
The brain lights up when
people picture instant
rewards.
Several Magnetic Resonance Imaging (MRI) studies have
shown that our frontal cortex – the part of the brain
responsible for reward and attention – is highly active
when we think of waiting for something.
Tip
Use words like
• Now
• Fast
• Immediate
People look for
trigger words
Assure customers that you
will give them what they
want as quickly as possible.
4. Principle of Reciprocity
We want to give back to
people when they do us
a favor
Tips increased 3
percent when
customers were
offered after-
dinner mints
But when the waiters were asked to pause, look at the
customers and tell them the mint was specially for
them – tips went up by 20 percent!
Offer something
to your visitors for
free so that they
feel indebted to
you.
Tip
MrPorter.com started out as a
fashion magazine.
Turned out an e-commerce store.
Still publishes some of the best
men’s lifestyle content online
Baxtton magazine shares
interesting products and gadgets
and now offers readers a
selection of products featured on
the blog
Understanding
user psychology is
your superpower
to increase CRO
Read more great content on the
You can also find more great content and information on our and
Connect with us on and
You can also sign-up for our amazing new conversion tool absolutely Free!
YOU CAN FIND THE FULL ARTICLE
“4 Time-Tested Principles of Psychology that Will Help
You Increase Your Conversion Rates”
HERE
Invesp blog
Slideshare account YouTube channel
Google+ Twitter
FigPii
About the author
Khalid Saleh is an Amazon.com best-selling author, speaker, and co-founder of Invesp a
conversion optimization company.
Khalid is an in-demand speaker who has presented at such industry events as SMX, SES,
PubCon, Emetrics, Conversion Conference, ACCM and DMA, among others. A regular guest on
TV shows at the BBC, CCTV, and DpnTV and quoted in publications including Internet Retailer,
California Executive and Chicago Sun-Times, Saleh has more than 13 years’ experience in e-
commerce architecture, design and implementation. His work has helped generated an
average of 65% improvement in conversion rates for Invesp’s customers.
A pioneer in digital marketing and conversion rate optimization, Khalid is also a co-founder of
the first all in one conversion optimization software, FigPii; a software by marketers, for
marketers.
Follow Khalid
@khalidh
khalidhajsaleh

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4 time tested principles of psychology that will help you increase your conversion rates

  • 1. 4 Time-Tested Principles of Psychology that Will Help You Increase Your Conversion Rates By Khalid Saleh
  • 2. Psychology is the “secret sauce” of conversion rate optimization You will persuade users better Your users will be happier and get better margins
  • 4. www.invespcro.com Loss Aversion Theory People will fight harder to prevent a loss than to gain a reward
  • 5. A free gift makes customers feel like they scored a deal with their decision. Tip
  • 6. www.invespcro.com Example: Free Shipping A lack of free shipping is one of the biggest reasons for shopping cart abandonment
  • 7. Asos clearly mentions its free shipping policies right at the center of its homepage
  • 8. 2.FoMO (Fear of Missing Out)
  • 10. www.invespcro.com • Researchers put 10 cookies in one jar • 2 of the same cookies into another jar. Conditions • Users rate the chocolate chip cookies.Task • Higher ratings to the cookies in two-cookie jar Results Study on scarctiy effect
  • 11. www.invespcro.com This shows people value items that come in limited quantities. “Act now while supplies last” is a great way to persuade customers.
  • 12. Make it look like customers might lose out if they buy the product right away Tip
  • 13. Example Winewoot makes user of time limits to encourage purchases
  • 14. Users might think that since there are only limited rooms left, they are missing out on an exciting deal.
  • 16. The brain lights up when people picture instant rewards.
  • 17. Several Magnetic Resonance Imaging (MRI) studies have shown that our frontal cortex – the part of the brain responsible for reward and attention – is highly active when we think of waiting for something.
  • 18. Tip Use words like • Now • Fast • Immediate
  • 20. Assure customers that you will give them what they want as quickly as possible.
  • 21. 4. Principle of Reciprocity
  • 22. We want to give back to people when they do us a favor
  • 23. Tips increased 3 percent when customers were offered after- dinner mints
  • 24. But when the waiters were asked to pause, look at the customers and tell them the mint was specially for them – tips went up by 20 percent!
  • 25. Offer something to your visitors for free so that they feel indebted to you. Tip
  • 26. MrPorter.com started out as a fashion magazine. Turned out an e-commerce store. Still publishes some of the best men’s lifestyle content online
  • 27. Baxtton magazine shares interesting products and gadgets and now offers readers a selection of products featured on the blog
  • 28. Understanding user psychology is your superpower to increase CRO
  • 29. Read more great content on the You can also find more great content and information on our and Connect with us on and You can also sign-up for our amazing new conversion tool absolutely Free! YOU CAN FIND THE FULL ARTICLE “4 Time-Tested Principles of Psychology that Will Help You Increase Your Conversion Rates” HERE Invesp blog Slideshare account YouTube channel Google+ Twitter FigPii
  • 30. About the author Khalid Saleh is an Amazon.com best-selling author, speaker, and co-founder of Invesp a conversion optimization company. Khalid is an in-demand speaker who has presented at such industry events as SMX, SES, PubCon, Emetrics, Conversion Conference, ACCM and DMA, among others. A regular guest on TV shows at the BBC, CCTV, and DpnTV and quoted in publications including Internet Retailer, California Executive and Chicago Sun-Times, Saleh has more than 13 years’ experience in e- commerce architecture, design and implementation. His work has helped generated an average of 65% improvement in conversion rates for Invesp’s customers. A pioneer in digital marketing and conversion rate optimization, Khalid is also a co-founder of the first all in one conversion optimization software, FigPii; a software by marketers, for marketers. Follow Khalid @khalidh khalidhajsaleh