Psychological Marketing Insights

Analyzing the Psychology of Business, Marketing, and Sales ...

Posts Tagged ‘busy’

 

 

Are your customers thinking of you?

Tuesday, April 7th, 2009

Do you think your customers are thinking of you? Unless they are in severe pain the answer is no. Let’s look at this a bit more closely. Did you make any purchases today? Did you buy food at a store?

How much did you think of that place after you left?

Did YOU go on a sales appointment today. Is that person still thinking of you? The answer is, probably not.

If there is any doubt just listen to all the noise that is surrounding you currently. Is there a fan on? A television, a computer? Is there someone talking in the background?

The ultimate issue is that most people are completely and totally overwhelmed with information so that they are unable to process it clearly.

You need a way to break through the clutter and to overcome this.

Oh, and if that was not bad enough does your “to do list” have any of the following on it?

Change oil in car
get prescription
exercise
do laundry
get groceries
go to store
drop off kids
return library book
order books
pay credit card bill
go to bank
meet so and so for lunch
return wedding invitation
get birthday present
clean garage
wash windows

Do you get the idea? If you think you yourself are busy, just remember that your prospects and customers are also busy.

-Matt

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Do you understand Buying Criteria? Psychological Marketing Explains…

Friday, March 27th, 2009

What criteria do people have when they buy a product or service?

Let me explain more.

Sometimes, but not always, your prospects have a list of things or reasons they are looking for when they buy your product or service. Now, if you ask your prospects sometimes they can clearly enunciate this, and sometimes they can’t. Sure, they will say good quality, etc. but for them to express clearly what they want is a challenge to most people.

And then sometimes people do have a “sort of list” of things they are looking for.

Here is a key thing, however. People generally do NOT know how to buy your product or service. They do NOT know what they are looking for.

So how does this apply to you? Well, say you are in a business to where people do a lot of “price shopping.”

For example, lets just say you do painting in someone’s house.

Sometimes your buyers would have a list of criteria (things they are looking for) and what you need to do is re-set this buying criteria for several things.

First, make sure whatever you are resetting it is in their best interest and you are honestly protecting them.

Secondly, educate them on what needs to be done correctly.

So, if you call up and someone is asking, “How much to paint a 20×20 room?” You can then re-position it to something like this…

“Well, that honestly isn’t the question you need to be asking.

You need to ask these 3 questions to make sure you are avoiding these 3 mistakes.”

And then you educate them on 3 mistakes, or 5, or however many(as long as this is reasonable) mistakes that people make when painting.

It could include the fumes of the paint, the type of paint, allergies, health risks, lighting, etc. In other words, you actually…get this…provide value.

So, while other painters are just doing quotes, you’re educating them on how to buy.

Does this make sense?

The end goal is for you to equip your prospects so they are quizzing your competition with things that…get this…you competition doesn’t understand or cannot answer.

So, if you truly do research and understand and can create a process on the fumes from paint and you have your prospects ask your competition what system or process they have for painting and your competition goes…uhhh.uhhh.uhhh…then you know you’re on the right track.

This does take a bit of work, but once you grasp this concept it can be very powerful.

So ultimately ask yourself this question. What can you do that your competition cannot, or will not educate your customers on?

The painting example is just one I pulled off the top of my head but EVERY business does indeed have things they can do to set buying criteria in their customer’s minds.

Psychological marketing strives to help you do this.

-Matt

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Are you a commodity? Psychological Marketing explains…

Tuesday, March 24th, 2009

The question is this: “Why should I do business with you versus someone else?” If your response is, “Because I’m honest,” or “Because I give good quality” then my answer would be: “Well, I would hope so!” Platitudes are abundant in marketing, yet they do little to persuade someone to buy from you versus someone else.

This is where we must educate someone as to why you really are a superior option versus your competition.

How do you do this? Begin with by asking yourself questions as to what would make an ideal transaction for you? What are the biggest problems you face when you

a) go to the dentist
b) get your car worked on
c) hire a home-improvement project.

And then work backwards.

Enter your prospect’s brain.

-Matt

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Are you answering all the subconscious questions…

Thursday, March 19th, 2009

When you’re talking to your buyer via media (letter, e-mail, video, etc.) or in a sales presentation your buyer is going to have questions that he or she needs to have answered.

Now here is the key.   Sometimes, and I would say most of the time, your buyer is not going to know what all these questions are.   And if they do, they are not going to know how to enunciate these things.

Here are some unasked questions.

What risk do I have?

Is there a guarantee?

And… Why should I do business with you versus anyone else?

Subconscious thoughts often kill sales.   And if you don’t systematically destroy these subconscious or unconscious objections, chances are you are going to really struggle in selling your product.

The same things exists in your marketing.   So understand your buyer’s psychology.  Study their mind, their habits, their information.

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