Offer Response Optimization: How to sustain velocity in the purchase process
Observations/Reflections: Sustaining Velocity in the Purchase Process
Status: Dictated and Reviewed
Category: Communication
Written: 11/29/2011
Published: 01/17/2012
The value proposition begins as an abstract concept, but the moment it is engaged by the prospect it enters the time-space continuum. It moves from "thing" to predicate. At this moment (pun intended), time becomes a key element. The value proposition's force is sustained by velocity. This principle can be understood with four simple observations:
- At various points in the micro-yes series we may have difficulty adjusting the force of the value proposition so that the perceived value outweighs the perceived cost. This is because of business rules and/or various constraints.
- The key is to build enough forward momentum from the previous series of micro yes(s) so that the prospect will "roll on" through these potential "chokepoints."
- Now, if we aggregate too many of these chokepoints, or if we embed a chokepoint with too much constriction, purchase progress stops.
- The momentum is initiated by the value proposition, but it is mitigated by the friction of the process.

