Why Customers Buy – Cheat Sheet
Customer Focus (WIIFM – What’s In It For Me):
- A Solution (product solves a problem)
- Features/Benefits (improves on/adds to current solution)
- Performance
- Comfort/Security
- Image
- Quality
- Price (some lowest, some best value)
- Relationship (just buy from certain businesses/business associates)
- Service/Warranty (Return policies, warranties, turnaround time)
- Selection
- Location
- Tradition (habit)
- Innovation (new innovative products)
- Emotion (makes them feel good, impress others, show love/appreciation)
- Convenience
Recognize Why Customers Don’t Buy:
- Fear of Loss
- Lack of Trust
- Lack of Comfort
- Lack of Quality
- Not a Viable Solution
- Lack of Need
- Contrary to Customer’s Image
- Not Important
- Has a Defect
- Bad Past Experiences
- Prefers Another Product
Relationships Customers Look For:
- The Coach/Expert
- Friendly/Caring
- Have Same Goals as Customer (customers like to believe your goal is to help them–not take their money)
- Relationship Marketing (establish a sense of being related)
Customer Motivations:
- Goal Oriented Motivation (saves time)
- Image Oriented Motivation (biggest, best, exclusive, expensive)
- Useage Oriented Motivation (product is best for very specific use)
- Entertainment Oriented Motivation (adventure, entertaining)
Customer Hot Buttons:
- Tell the Truth (stats, charts, visual demos, specific claims–thicker, spicier sauce)
- Get Real (customers buy on quick impressions–tell the truth & get real)
- Drama (unbelievable offers–any part free if not available, dramatic products)
Action Steps:
- Find a point to specialize on – find a reason for people to buy that no one else is providing
- Look at your competitors – list the reasons people buy from each
- Look at reasons that no one is addressing – see whether they would apply for your business
- Evaluate relationships, motivations & hot buttons used
.doc File Worksheet
(or) PDF Worksheet
Heavily Based On: Marketing Magic, Don Debelak
Abdul Rahman:
November 9th, 2006 at 4:09 am
Thanks. This is a nice way to summarize everything necessary for customer buying processes (Although I am quite confident that there’s more than this).
Nonetheless, good work! (Going to print it out)