Wednesday, October 30, 2013

Understanding the Third Moment of Truth

Last week I posted my thoughts on whether there was an extra  'Moment of Truth' in the online & multi-channel purchasing cycle. One where users get the product home and only then decide to return some or all of them.
This Third Moment of Truth is key to an eCommerce site's revenue and stock management, as returned inventory can significantly affect a product line's profitability and add a lot of effort to the entire back-end process.

In the diagram above I have also tried to tie together this Third Moment of Truth (TMOT) with the other moments and then to align them with my previously-used model of influence & action... AIDA.

Hopefully now, regardless of which model is used, there should now be some alignment of these different pivotal moments.
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