{"id":4636,"date":"2016-04-14T23:38:35","date_gmt":"2016-04-14T23:38:35","guid":{"rendered":"http:\/\/bme2.flywheelsites.com\/blog\/conversion-heuristics-the-new-formula-in-winning-people-over\/"},"modified":"2020-06-05T20:05:08","modified_gmt":"2020-06-05T20:05:08","slug":"conversion-heuristics-the-new-formula-in-winning-people-over","status":"publish","type":"post","link":"https:\/\/www.benchmarkemail.com\/in\/conversion-heuristics-the-new-formula-in-winning-people-over\/","title":{"rendered":"Conversion Heuristics: The New Formula in Winning People Over"},"content":{"rendered":"<p>We were pretty excited to head over to Las Vegas for the <a href=\"https:\/\/benchmarkemail.com\/blog\/marketingsherpa-summit-2016-wrap-up\" target=\"_blank\" rel=\"noopener noreferrer\">2016 MarketingSherpa Summit<\/a>. We were even more thrilled when MarketingSherpa and Flint McGlaughlin debuted a new way of thinking about marketing: the Conversion Heuristic.<\/p>\n<p>The formula alters the flat one dimensional look at marketing that sees this critical business aspect as vectors on a plane that either go up, down, forward, or backward. It blows up the model by turning it into a three dimensional scope that looks to the full user experience when engaging your brand. The formula reads:<\/p>\n<p>C = 4m + 3v + 2(i-f) \u2013 2a<\/p>\n<p>It\u2019s already heralded as marketing legend, setting a new benchmark for the way we view our audience. The term \u201cheuristic\u201d is defined as enabling a person to discover or learn something for themselves, and guiding them through a process to achieve that end. In that vein of thought, each symbol in the equation guides marketers to consider all elements of decision making before conversion is secured.<\/p>\n<p>That decision making process takes into account six factors before a customer converts by investing in your brand. While some of these elements are already known, others are relatively new considerations and the collective set reshape how we think about the full beginning to end experience of our customers.<\/p>\n<p>Working backwards to get to the sum, the first question is of anxiety. It asks us to consider what would could trigger anxiety in the consumer\u2019s experience. Anxiety is perhaps the most complicated because it could represent any number of emotional variables that require the consumer to be secure in their decision, find the information they need, trust the brand, trust their need for the brand or service, and more.<\/p>\n<p>Beyond anxiety, there\u2019s friction: what obstacles does the customer face in their decision making process. The answer to that question can also fall on both sides of the fence; it could be a friction based on the values of the consumer or it could be in the way your product or service is presented. Essentially, the ability to dissolve friction is in the power of your business \u2013 if you\u2019ve thought about all emotional and practical variables involved in the customer\u2019s conversion process.<\/p>\n<p>Once the two biggest road blocks are overcome, the next question is whether the customer is offered an incentive. And in most cases, incentives also qualm any friction. An incentive doesn\u2019t always have to be in the form of a sale; most typically it looks to whether you\u2019ve offered a value or considering. It can also include psychological elements such as creating the illusion of limited supply or privileged association that\u2019s extended to only a select few. Part of this approach factors in \u201cv\u201d which is force of value proposition. In other words, how effective are you in communicating a value proposition. Does that value inspire motivation? If it does, you\u2019re then at \u201cc.\u201d The sum of all those parts equals \u201cC\u201d \u2013 conversion.<\/p>\n<p>For even the math weary, the Conversion Heuristics formula is a welcomed change of pace in how we evaluate the viability of marketing efforts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We were pretty excited to head over to Las Vegas for the 2016 MarketingSherpa Summit. We were even more thrilled when MarketingSherpa and Flint McGlaughlin debuted a new way of thinking about marketing: the Conversion Heuristic. The formula alters the flat one dimensional look at marketing that sees this critical business aspect as vectors on&hellip;<\/p>\n","protected":false},"author":309,"featured_media":4637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2171],"tags":[],"class_list":["post-4636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-beyond"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Conversion Heuristics: The New Formula in Winning People Over - in<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Conversion Heuristics: The New Formula in Winning People Over - in\" \/>\n<meta property=\"og:description\" content=\"We were pretty excited to head over to Las Vegas for the 2016 MarketingSherpa Summit. We were even more thrilled when MarketingSherpa and Flint McGlaughlin debuted a new way of thinking about marketing: the Conversion Heuristic. 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An Orange County based writer, Shireen specializes in online marketing and public relations. She has written for over 75 publications and has launched nine successful new media campaigns to date. Her work has been featured in the New York Times, Denver Post, the Oklahoman and Green Air Radio, among others.\",\"url\":\"https:\\\/\\\/www.benchmarkemail.com\\\/in\\\/author\\\/shireenqudosi\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Conversion Heuristics: The New Formula in Winning People Over - in","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Conversion Heuristics: The New Formula in Winning People Over - in","og_description":"We were pretty excited to head over to Las Vegas for the 2016 MarketingSherpa Summit. 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