Today we'll cover the idea of
shortening your customers’ decision making process with positive word of mouth.
There are essentially 5 stages in the decision making process.
They are:
- Give
the product a chance and transitions from a “no” to a “maybe”.
- Check
out the options and investigate the different products available.
- Observe
the product to check for potential benefits, features and operations to
see if there is a fit with their needs.
- Become
a customer and purchase their first item. They will be discriminate with
their first product as they form their opinion of you.
- Purchases
again and starts spreading positive word of mouth as an advocate of your
products.
So, let’s take a closer look at each one of these.
From “No” to “Maybe”
This stage is really important
because if your potential customers don’t even take a second look at your
products and services, then you have no chance of sealing a deal. This is why
you need to offer credible information and well thought out pricing, guarantees
and incentives.
Investigating Your Products
At this stage they are taking a
closer look at your product line to see if there is actually anything that
could benefit their life. This is where you need to make sure your hard
information is right out there in front for the customers to see and compare.
Trial Period
Customers often feel more at
ease and ready to purchase when there is some sort of a trial in place. They
usually want to try vicariously through someone else, so they don’t feel any
risk involved. A good way to offer this is through demo videos, product
demonstrations or a tour of your facilities. This stage may invoke a reaction
of “I tried it and liked it. You should check it out.”
Make a Purchase
At this stage, they have taken
the risk of purchasing one of your products or services and are now evaluating
how easy, convenient, cost effective and satisfying your product or service is.
At this stage a common reaction would be, “It was really easy to use and learn
from. It’s really great, you should get it!”
Advocates for Yours Products
At this last stage of decision
making the customer is immensely pleased with your product and often keeps
using it and/or comes back for more products and services. They are likely telling
everyone they know how much they like it, that they use it every day and have
already (or will be) back to your establishment for more.
We talked a minute ago about the
different types of purchasers. Now we are going to take a closer look at their
characteristics, so you can figure out which tactics are best to use at the
right stage of the decision making process.
The Innovator
- Wants
to stand out from the crowd
- Know
what’s hot and trendy
- Likes
“strange” or “weird” new products
- Wants
to be the first to try and will talk about it animatedly
Early Adopter
- Driven
by excellence
- More
concerned with possibilities than realities
- Always
looking to be a leader
- Always
looking for a new vision
Middle Majority
- Wants
to be perceived as competent
- Concerned
about practicality and easy comparisons
- Needs
an easy way out if not satisfied
- Wants
products that meet the industry standard
Late Majority
- Generally
skeptical and wants to know the risks upfront
- Needs
to shop around for the best deal
- Needs
a support system
- Wants
what everyone else has
Laggard
- Needs
it to be completely safe and traditional
- Needs
reassurance that nothing will go wrong
- Won’t
try new things unless it’s the last resort
- Will
search for loopholes and problems
- Wants
to use it in the standard industry way
As you can see, each type of
consumer wants something just a little different depending on their personality
type. The key to successful word of mouth is to target and cater to each type
of consumer.
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