Thomas from Ariyh - 🎓 Give your products space
🎓 Give your products spaceThe space-to-product ratio effect: use more empty space between products on display to increase their perceived value and beauty. In one of the experiments sales increased 98%.
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📝 IntroImagine entering a store for the first time. The first thing you will do is scan the surroundings to get a feel of the store and what is on offer. You will try to understand how fancy the store is, and get a rough idea of what pricing would be fair (e.g. “This is probably expensive/cheap”). Meanwhile, you will look at the products on display and - in usually just 50 milliseconds - form an impression of how good they look. What if there was an easy way to influence both: perceived prestige and how beautiful products look? Today’s study used 4 experiments to show us how. P.S.: A few weeks ago we looked at how the distance between people and the product matters. The effect is different, but while you’re moving things around it’s worth keeping in mind ;) Use a high space-to-product ratio to increase salesImpacted metrics: Customer acquisition | Customer satisfaction | Brand attitudes 📈 RecommendationKeep a good amount of empty space between products when you display them. Don’t place them right next to each other. People will like and value your products more, and be more likely to buy them. 🎓 Findings
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✋ Limitations
🏢 Companies using this
⚡ Steps to implement
🔍 Study typeLab, online, and field experiments (with a local jewelry retailer, Lexi Jewelry). United States 📖 ResearchSevilla, J., & Townsend, C. (October 2016). The space-to-product ratio effect: How interstitial space influences product aesthetic appeal, store perceptions, and product preference. Journal of Marketing Research. 🏫 AffiliationsTerry College of Business, University of Georgia and School of Business Administration, University of Miami. United States Remember: This is a scientific discovery. In the future it will probably be better understood and could even be proven wrong (that’s how science works). It may also not be generalizable to your situation. If it’s a risky change, always test it on a small scale before rolling it out widely. 🔥 Featured hand-picked jobsA selection of the best marketing opportunities out there.
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Older messages
🎓 Micro-influencers drive more sales (+ a surprise 🔥)
Tuesday, December 14, 2021
If your product is hedonic (eg fashion, high-end electronics), promoted posts from small influencers (10k to 100k followers) drive more sales than those of large ones (>1m followers).
🎓 High referral rewards = worse customers
Tuesday, December 7, 2021
Large referral rewards (eg Get $50 if you invite a friend) boost the referral rate (+750% in one experiment) but lower the average profitability of newly referred customers (-48%).
🎓 Frame your product as the ‘gift’ in a bundle
Tuesday, November 30, 2021
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🎓 Far is prestigious, near is mainstream
Tuesday, November 23, 2021
If your brand is prestigious, place products far from the customer or model in an ad. If your brand is mainstream, position them close.
🎓 Say “Thank you” not “Sorry”
Tuesday, November 16, 2021
After a service failure, use appreciation (“Thank you for your patience”) instead of an apology (“Sorry to keep you waiting”) to improve satisfaction, repurchases, and word-of-mouth.
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