Page 59 - Decoding Decisions ~ Making sense of the messy middle
P. 59

59    CHAPTER 4      INFLUENCING THE MESSY MIDDLE








                          According to our product matrix, the purchase of car insurance is not just less

                          complicated than a car purchase, it is also less enjoyable. These characteristics
                          might partly explain the increased impact of the introduction of the second
                          choice brand, as it suggests the purchase requires lower levels of engagement
                          and therefore is more prone to switching. Nevertheless, the results are stark.

                          Below is a chart showing all of the products in our experiment (figure 5),
                          ordered according to the size of the impact on share of preference when
                          shoppers were offered the choice of a second brand (the yellow portion
                          shows the share seized by the second favourite brand when exposed).





               Figure 5

                   1st choice brand     2nd choice brand



                 100
                               18  21  24  25  25  28  28  29  29  29  30  30  30  31  31  32  33  33  34  34  35  36  36  36  37  39  39  39  40  42  44

                 75            82  79  76  75  75  72  72  71  71  71  70  70  70  69  69  68


                 50                                              67  67  66  66  65  64  64  64  63  62  61  61  60  58  56


                 25


                  0                                 TV                              ISA
                                Smartphone  Children’s toy  Detergent  Cinema  Shampoo  Mobile network provider  Cat food  Whisky  Energy provider  Laptop  Broadband provider  Car (SUV)  Face moisturiser  Flights - long haul  Hotel  Mortgages  Cereal  Make-up  Package holiday  Credit card  Clothing  Flights - short haul  Power drill  Fitted kitchen  Mountain bike  Sofa  Car insurance  Car hire  Bathroom suite








               Transfer of preference from first choice to second choice brand after introduction of second choice brand,
               all categories.




                          The extent of the impact on share of preference ranges considerably. On the
                          far left of the chart, just showing up delivered a relatively weaker share of
                          preference for second choice brands in the smartphone category (18%) than
                          those who were willing to switch their preference of bathroom suite brand (44%).






                               Source: Google / The Behavioural Architects. 310,000 simulated purchases. n=31,000 category buyers, online shoppers, aged 18–65
                                                       (31 categories, 1,000 respondents in each). Numbers may not add to 100 due to rounding.
   54   55   56   57   58   59   60   61   62   63   64