29 May 2019
Zero Moment of Truth: What Is It, And Is It Still Relevant?
This shouldn't be news to anyone, but the internet has changed things - forever. So I was surprised at a recent event that even after 8 years, very few people in a room of marketing professionals had heard of the Zero Moment of Truth. The Zero Moment of Truth was coined by Google to articulate a very important change in purchasing behaviour that has manifested as a result of the ascendance of the internet as an engine for commerce. While it's not a new concept, it's a concept worth knowing.
What is the Zero Moment of Truth?
To help give this new pattern of behaviour a name, Google added to an existing model of the marketing concept. A 'Moment of Truth' can be considered an experience with the product that will influence buying behaviour. The Zero Moment of Truth states that shopping behaviour has changed in such a way as they are now able to perform more expensive research on their purchases online. Buyers feel more empowered to get access to purchasing information, and if they're not satisfied, they won't stick around and wait for you to provide it.
Where did it come from?
The foundation of the ZMOT is rooted in the traditional 3-step mental model of marketing. These steps can be defined as:
Stimulus: The catalyst for considering a product.
First Moment of Truth: The on hands experience with the product at the point of purchase
Second Moment of Truth: The experience using the product or service
Effectively, the consumer was told they needed to buy something (Stimulus), so they went to a store. They browsed the products and perhaps spoke to a store assistant about the selection of products and which one they should choose(First Moment of Truth). Then they went home and used the product (Second Moment of Truth). This isn't the model for how buying works anymore. Zero Moment of Truth acknowledges that consumers:
Perform research on a product before making a purchase
Consult a range of information sources before making a purchasing decision (up to 10 or more!)
Why is it important?
ZMOT is a tool. It's a tool to shape the way we provide information about products online. The bottom line is that the more information you can provide to your customers, hiding or placing product information behind a barrier will only frustrate and turn away an interested buyer. ZMOT also explicitly recognises that customer interaction is a long-tail interaction - so measuring success through last-click attribution is akin to measuring the performance of a relationship based on the Wedding - there's a lot more that happens before we get to that point!
Breaking it down with examples
Stimulus
Saw ads on TV
Received mail at home from a brand manufacturer
Saw an ad in a newspaper
Read an email received from a brand
Noticed ads online
Zero Moment of Truth
Searched online with a search engine
Talked with friends/family about the product
Comparison shopped products online
Read product reviews online
First Moment of Truth
Looked at the product package in the store
Read a brochure about the product in the store
Talked with a salesperson in the store
Looked at signage/display about the product in the store
Tried a sample of the product in a store
How is it considered in relation to websites?
We consider ZMOT in relation to the type of information that should be available on your website. If this information is not available, then you may not be placed into consideration. Consumers want to:
Have information to compare your product to alternatives
See that social proof that people have used the product and recommend it
Understand specific applications and examples of the product in use
These characteristics are amplified in eCommerce websites.
What information influences consumer behaviour?
It ultimately depends on what you are selling, eCommerce products require different information than B2B products or B2C services. Generally:
Online Reviews
Case Studies
Detailed product information
Is ZMOT still relevant in 2019?
As a concept, yes. It demonstrates the importance of the website as a valuable touchpoint for your brand - regardless of whether you sell online or not. However, as things progress, so does the language - micro-moment marketing.
Great Resources
AdNews: Is ZMOT Still Relevant in 2019?
Think with Google: ZMOT resources and case studies
Think with Google: Micro Moments Marketing
Video: Zero Moment of Truth Trailer
Greg is the Managing Director of Lamb Agency, a digital agency focused on creating industry-leading websites.