Page 53 - Decoding Decisions ~ Making sense of the messy middle
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53    CHAPTER 4      INFLUENCING THE MESSY MIDDLE









                          It’s a jungle out there


                          We argued at the start of this chapter that any purchase decision, from

                          choosing a mortgage to buying your favourite shampoo, can contain both
                          rational and emotional elements. In certain circumstances, rider and elephant
                          might eventually reach the same destination, but having made the journey via
                          very different routes.

                          To test whether the impact of brand preference and cognitive bias remains
                          stable across categories, we selected 31 products representing a broad
                          range of risk, complexity, and emotional and financial investment, covering
                          several major verticals and sectors, including travel, financial services,

                          consumer packaged goods, retail, and utilities (figure 1).





               Figure 1                                          HIGH COMPLEXITY

                                                                            SUV (Sport Utility Vehicle)
                                              MORTGAGE                 MOUNTAIN   FITTED KITCHEN
                                                                        BIKE
                                                                SOFA           BATHROOM SUITE
                                                   BROADBAND
                                                                                  LAPTOP   PACKAGE HOLIDAY
                                                             MOBILE    MAKE-UP
                                                            NETWORK  POWER       TV
                              ENERGY PROVIDER   CREDIT CARD       DRILL  MOBILE      CHILDREN’S TOYS
                                                                        PHONE            LONG HAUL FLIGHTS
                          LESS ENJOYABLE                                SHORT HAUL           MORE ENJOYABLE
                                                    ISA
                                                 (Individual Savings   CLOTHES  FLIGHTS
                                                   Account)                       HOTEL
                                  CAR INSURANCE
                                                                                          WHISKY
                                                        MOISTURISER
                                                           &    SHAMPOO   CAT FOOD
                                                         CAR HIRE
                                                       DETERGENT               CEREAL
                                                                          CINEMA TICKETS




                                                                 LOW COMPLEXITY
               Matrix of product categories, showing perceptions of enjoyability and complexity.





                          Given the online purchase format of our conjoint experiment, we established
                          some broad criteria to qualify our shopper sample.







            Source: Google / The Behavioural Architects. n=31,000 category buyers, online shoppers, aged 18–65 (31 categories, 1,000 respondents in each). Participants answered the
         following questions (1–7 scale). Results were then grouped by factor analysis (questions 1 and 5 for “enjoyment”, question 2–4 for “complexity”) and plotted accordingly. 1. How
        enjoyable do you find looking for [relevant ‘product]?  2. How complex/difficult is it to find the right [relevant ‘product]? 3. How much effort does it take to find the [relevant ‘product]
           you want? 4. How worried are you about making the wrong choice of [relevant ‘product]? 5. How experienced/knowledgeable do you feel about [relevant ‘product] in general?
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