5 Primary analysis
5.1 Did the treatment increase the likelihood that consumers would use the EME website?
Measure: Respondents were first asked what they would do on receipt of the letter – take action immediately, within a week, when they had time, or not take action at all. For those that chose any of the options that indicated they would take action, we then asked what action they would take. The options included visiting EME, visiting a non-EME comparison site, calling the retailer, doing research online (not via comparison sites), or something else.
For this analysis, the outcome variable is 1
if they responded that they would go to EME, and 0
otherwise
OLS | Logistic | OLS | Logistic | |
(Intercept) | 39.0% *** | -0.6% | ||
(2.3%) | (6.8%) | |||
Losing discount included | 2.1% | 2.1% | 2.4% | 2.3% |
(3.3%) | (3.2%) | (3.2%) | (3.2%) | |
Chart included | 1.1% | 1.1% | 1.0% | 0.9% |
(3.3%) | (3.3%) | (3.3%) | (3.2%) | |
Extra impact of both elements | -2.2% | -2.2% | -2.1% | -2.0% |
(4.6%) | (4.6%) | (4.6%) | (4.6%) | |
Controls for demographics | No | No | Yes | Yes |
Controls for numeracy | No | No | Yes | Yes |
N | 1,805 | 1,805 | 1,805 | 1,805 |
*** p < 0.001; ** p < 0.01; * p < 0.05. |
Based on the trial, the proportion of respondents that said they would take some action and visit EME did not vary between the treatments, and was consistently around 40%. There were no meaningful differences between the letters. The next most popular options were calling the retailer (22%) and doing research online but not through comparison websites (21%).
5.1.1 Did the treatment decrease the likelihood that the consumer would do nothing?
Measure: Respondents were first asked what they would do on receipt of the letter – take action immediately, within a week, when they had time, or not take action at all. For those that chose any of the options that indicated they would take action, we then asked what action they would take. The options included visiting EME, visiting a non-EME comparison site, calling the retailer, doing research online (not via comparison sites), or something else.
For this analysis, the outcome variable is 1
if they responded that they would ‘Do nothing’, and 0
otherwise
OLS | Logistic | OLS | Logistic | |
(Intercept) | 7.6% *** | 15.0% ** | ||
(1.3%) | (4.5%) | |||
Losing discount included | -2.7% | -3.2% | -2.8% | -3.3% |
(1.6%) | (1.9%) | (1.6%) | (1.9%) | |
Chart included | 1.6% | 1.4% | 2.2% | 2.0% |
(1.9%) | (1.6%) | (1.9%) | (1.6%) | |
Extra impact of both elements | 1.3% | 2.0% | 1.0% | 1.7% |
(2.5%) | (2.5%) | (2.4%) | (2.5%) | |
Controls for demographics | No | No | Yes | Yes |
Controls for numeracy | No | No | Yes | Yes |
N | 1,805 | 1,805 | 1,805 | 1,805 |
*** p < 0.001; ** p < 0.01; * p < 0.05. |
There is some weak evidence to suggest that ‘Losing discount + No chart’ led to a smaller proportion of respondents stating that they would take no action in response to the letter, a reduction of approximately 3% of individuals. However this was only marginally statistically significant - not statistically significant at conventional levels. This is somewhat promising, however, as it is consistent with the broader literature, and with insights from the user testing, which suggest that loss aversion is a powerful motivator.