Most powerful skill nobody ever taught you
Hick's Law:
- More options leads to harder decisions.
- Don't confuse the user.
- Reduce the number of options.
- Use short sign forms and ask only what you need.
Zeigarnik Effect:
- People remember incomplete tasks better than completed ones.
- Make the user feel like they are close to the finish line during signup
- Use progress bars and never start the progress bar at 0
- The user will be less likely to drop off
Endowment Effect:
- You value something much more if you think you own it in some way.
- By making users invest a little customisation they're more likely to make an app feel theirs.
- This will lead to them returning to the app and increasing retention. Check @trynolt
Future Pacing:
- Rather than focus on features, @Discord focuses on letting my imagination run wild.
Reciprocity:
- People feel the need to reciprocate when they receive something.
- It's OK to ask for a favor, but would you ask 6 in a row to a stranger? The same goes for apps. Value first and ask next.
- @Expensify shows you the value in their tool first then asks for personal information
Loss Aversion:
- Humans experience loss more than gain.
- Use loss aversion when cancel flows to reduce churn or when abandoned carts to increase sales.
Cognitive Load:
- Cognitive load is the total amount of mental effort that is required to complete a task. Follow @skrug principle, don't make the user think. 57% of users abandon cart due to extra work during sign up flow
Bandwagon Effect
- Tendency for the brain to conclude that something must be desirable because other people desire it.
- use number of customers, social proof and testimonials to show your product is desirable and they should sign up for it.
- @miro does this nice
Decoy Effect
- Make big prices look smaller by comparing them to even larger prices.
- Always use tiered pricing to allow this to take effect.
- Have a lower, medium and high tier offer. Usually people will gravitate to the medium tier offer. @theeconomist do this well
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