Showing posts with label LinkedIn. Show all posts
Showing posts with label LinkedIn. Show all posts

Monday, October 29, 2012

LinkedIn lesson in engagement: keep the number fresh



LinkedIn do a lot of things well when it comes to influencing the behaviour of their market, and today I thought it worthwhile to point out one of the tricks they are using: keeping stale information fresh!


Change the number by changing how it's calculated


Every few days the number of people who have viewed my profile changes...but not necessarily because the actual number of viewers has. What do I mean?  LinkedIn cleverly update the count of viewers by changing the time period over which the viewers have been counted.  Where today I may have been viewed by '6 people over the last 3 days', tomorrow I might see that I have been viewed by '10 people over the last 7 days'.



Is this important? You betcha!  It keeps my interest because the number looks different and so I feel compelled to click through to see what's changed.  This interest keeps me engaged with LinkedIn both emotionally and transactionally, in other words, I don't just clock the number, I click through (where they then try to upgrade me to premium).


What's the behavioural technique?

This is the same tool that can be used to make mortgage payments or car finance seem less scary. For instance, you may have seen car ads like this Lexus example that diminishes the purchase price by promoting a weekly repayment instead.  


What trick are they using?  It's called Denominator Neglect, where we focus on the numerator (ie the thing that we are getting like 'viewers') rather than how it's calculated (ie over how many days).  Like a muffin, it's what's on top that counts!




Lessons for your business

Three lessons from what we've covered.1. Your buyer is most likely to be persuaded by the numerator rather than the denominator, so consider how you can best utilise this in pricing,2. Don't underestimate the benefit of putting a new spin on some otherwise unchanged statistic because it may reengage your audience and3. Make sure that you are improving the life of your buyer with any of these tactics because influence is about win/win whereas manipulation is win/lose and a fast track to failure. 

PS Why not join the People Patterns mailing list?  Every month you'll receive a short wrap-up of behavioural tips for business. Click here for the 20 second sign-up.





Tuesday, February 21, 2012

Learning from LinkedIn

LinkedIn serves as a great example of behavioural principles applied to drive success.  In case you are not one of the 150 million users worldwide (or 2 million in Australia), LinkedIn is a social networking site for professionals, and much of its success I believe is due to how it engages its users.

Here are a four of the Behavioural Principles at play.

1. Herding - going where others are

When first signing up with LinkedIn your decision is reinforced by reminding you that are joining 150 million professionals in the professional community.  However, whilst it's great to see the herding principle in place, I think this is quite a passive execution and in itself, does not compel people to join.

Once joined up and networked, LinkedIn support your sense of herd connectedness through statistics on how many people you can reach through the connections of your network. Large numbers (for instance my 263 connections extrapolate to over 2.7 million) create a sense of possibility.  LinkedIn also provide stats on how many new people have joined my network in the last couple of days, showcasing how vibrant, current and desirable LinkedIn is to the broader population.

2. Completion - we like to finish once we've made a start
Once you have a profile, LinkedIn consistently give you feedback on how your profile could be even better, for example by asking for a recommendation or adding speciality skills.  But that's not all. LinkedIn measure and illustrate your degree of completion as a percentage, and for many, we can't feel entirely satisfied until we've reached 100%.

Completion is also used to help people network.  LinkedIn helpfully provide a snapshot of "People You May Know" and make it very simple to scroll through and invite them to connect.


Completion is also used effectively within the discussion sections of LinkedIn.  With the objective of getting as many members as possible exchanging ideas, LinkedIn get you started by pre-populating the discussion with your photo next to the empty text box, giving you a sense that the only thing left to do is say what's on your mind.  Easy!


3. Uniqueness - we all like to feel special
Whilst herding is great for a sense of comfort, we all like to feel that we are unique.  You can see this principle being supported within the Groups function where like-minded people exchange content. Here the people that have been deemed 'most influential' for that week are listed and ranked, encouraging them and others to continue fuelling the content exchange, which in turn keeps LinkedIn a vibrant place to visit. 






4. Status Quo Bias - we're complacent

In order to maximise the volume of networking, LinkedIn need to overcome our usual state of inertia. To prevail over inherent laziness (or for some, a fear of rejection), LinkedIn make the process of inviting someone to connect very easy by pre-populating the invitation with text so that you don't even need to think of what to write.  



Spot the behaviour
I've only touched on four of the behavioural principles demonstrated by LinkedIn so next time you use the site, look at it from a behavioural perspective.  Once your eyes are opened to what LinkedIn are doing, you will see many more tricks that you can apply to your own website. I'd love to hear about what you find, so happy linking.

PS If you like my blog, I'd love you to consider supporting my fundraising trek of the Larapinta trail. Every bit helps so to find out more, visit https://www.gofundraise.com.au/page/BriforICV Thank you!