marketing processes
The Consumer Buying Process Deconstructed
Timing is Everything for the Consumer Buying process
Making a decision to buy something is different depending on what you may be buying. Generally the higher the price ticket the more advanced is the consumer buying process.
It’s easy to decide to buy milk or bread because one doesn’t use much brain power.
But buying a motor car, a house or considering home renovations or planning a children’s birthday party all take a little more brain power and sometimes time. Having clarity on what the alternatives are, what the costs involved are, will be factors for the buyer to consider.
Some purchases are even dependant on another purchase being successful. One doesn’t order the birthday pony for a toddlers birthday party unless you are able to secure the venue that can handle the pony. Similarly one won’t get a home inspection done until your offer to purchase the property has been accepted, and you may not need the new motor car unless you qualify for the finance.
Decisions about the car, the home inspection or the pony will be dependant on other factors. Suspensive conditions if you must.
So for sellers of goods and services the key to making the sale is to tailor your pitch to the the stage that the buyer has reached in the buying process. Identifying where the sellers mindset is, is crucial to understanding what information the buyer needs in order to make the sale and improve your conversion rate.
Trying to close before the buyers need is properly established is just annoying to the buyer. And providing the buyer with further information when the buyer ready to buy is equally annoying.
Sales is a process.
There are steps to the consumer buying process.
And much of the sales process can be automated.
Digitally First - Physically Enhanced
The Online Business Model is now the MAIN ACT supporting the physical business presence. Transitioning to this new reality has been fraught with difficulty but terribly exciting. Successful transients are alive with possibilities…
The Consumer Buying Process Deconstructed Read More »
Build business processes to predict success, Content Creation