Understand Customers Public Face To Convince Them Effectively!
“Why
and how would; an understanding of customers public face help in convincing
them effectively?” Good question!
Well actually understanding customers’
public face helps in understanding the real motives of a purchase.
Basically People buy things for
two reasons.
1. Mianzi: A buying motive that involves "mianzi" which means “Public self image (Public face) that one wants to claim for his/her self” (1).
2. Need: A purchase that is motivated by a real need, a problem, a situation that a customer is facing and where a consumption/utilization of a particular product/service would help in satisfying, helping/solving that need or situation.
Any purchase decision may
involve either of these motives or both of these motives (where one motive would have dominant role while other would have minor one), now once you identify
the underlying motives.
No wonder you would then be in better position to convince your customers, there will be no reason for your customers to reject your offer though remember that in case of need motive, customer won’t accept your offer immediately even after being convinced, rather would consider your offer only after a particular situation, need arises.
No wonder you would then be in better position to convince your customers, there will be no reason for your customers to reject your offer though remember that in case of need motive, customer won’t accept your offer immediately even after being convinced, rather would consider your offer only after a particular situation, need arises.
Now the question is “how you are going to understand what
exactly motivates your customer to buy your product/service ?”.
The simple answer is, you have to do a little research on your own, though the more
comprehensive the research the more beneficial it would be for your business.
Now as we are not going to do
the big, “comprehensive research” therefore I am going to provide a simple but
yet effective research framework that would still help your business to good
extent in understanding your target market.
And in future you can use this
framework for more comprehensive research by adding other different target
market analysis factors to understand your target market in terms of the above
mentioned purchase motivators (Mianzi, Need).
Research
In this research we are going to
focus on three key areas to understand our customer
1. Competitors
2. Social Economic Class
3. Buying Behavior
Competitors
Start with research of competitor’s
products/services, what are the motivating factors or what motivates your
customers (Mianzi or Need) to buy your competitors products/services.
You can conduct research by
using qualitative and quantitative research techniques for competitors
research, as these research methods are proven to provide essential data on
market, its structure, competitors, customers, their behavior, attitude so on
and so forth (2), though remember that each and every
research technique has some strengths and some limitations therefore utilize
them in such a way that the weaknesses of one are covered by strengths of other
and vice-versa (3).
And once you identify what is
motivating (Manzi, Need) your customers to buy or utilize your competitors
product/service, this will put you in a better
position to offer your product/service in similar terms (Manzi, Need) by using unique selling proposition (USP) approach (4,5).
USP
Unique selling proposition, in simple words
1. Giving better than others (competitors)
2. Giving what (customers) they want
How
Step 1
Research your target market in terms of what they want,
prefer, like, buy when it comes to your product/service or to similar
product/service. Likewise assess your competitors (SWOT) like for instance what makes your competitors offer (Product/Service) better than yours.
Step 2
Associate/alter your product/service according to those
preferences/likes of your target market. Likewise alter, improve, redesign your product/service in terms of its features, attributes etc to overcome your competitors.
Step 3
Then promote your product/service through all available/feasible
touch points (online, social media, mass media, outlets, PR etc) with focus on customers preferences, likes etc and competitors, that’s it,
if carried out effectively you will soon be on top in terms of quality, customer preference in your niche.
Why USP ?, well because you not only
need to differentiate your product/service from your competitors but also required to
provide a product/service that they (customers) desire, want, need to survive as business, to thrive. And USP is all about
that, providing exactly what customer needs and differentiating it from your
competitors.
Social Economic Class
Social economic class or social
status, the more comprehensively you know about your target market in terms of
social economic class, the better you will be able to understand your customers
purchasing motives (Mianzi, Need).
For instance if you clearly classify
that your customers between age 20-30 belong to middle upper class (20% of
target market), customers between age 30 to 50 upper class (50% of target market),
customer above 50 to society elite (20% of target market).
Since majority of your customers
are comprised of people with more wealth, money (70%) therefore they are more
motivated to purchase your product/service based on Mianzi factor (6) and as Veblen said in his famous article The
Theory of the Leisure Class “In order to gain and to hold the esteem of
men (Mianzi) it is not sufficient
merely to possess wealth or power (a reference
to wealthy people). The wealth or power must be put in evidence (buying stuff that enhances Mianzi), for
esteem is awarded only on evidence.” And that’s why most wealthy society
spend, for mianzi, though buying a BMW fulfills a need (transportation) but it
also helps the wealthy in achieving the mianzi.
Buying Behavior
Buying behavior like buying more
than needed (Mianzi) or buying only what is needed (Need), buying expensive (Mianzi)
or buying reasonable, economical (Need), buying scare, rare stuff (Mianzi) or buying
amply available (Need), buying goods that are consumed in private (Need) or
buying socially visible (Mianzi) stuff so on and so forth.
Now some of your customers will
buy your product/service for one reason “need” while others would buy it for other
reason “mianzi”.
Identify these customers, categorize
them (for instance like on the basis of spending, frequency of visit, age etc)
so that you know how to deal with them, how to adjust your marketing strategy
for each category.
Conclusion
This whole research will help
you in developing an understanding of your target market in terms of what
motives (mianzi, need) motivates them to purchase your product/service.
And once you understand your
target market motives, present your product/service accordingly across all
customer touch points (outlets, mass media, website, social media, public
relation, customer service etc).
Devise, readjust your marketing strategy, your branding strategy accordingly and with that keep on assessing your whole approach, if results aren’t satisfactory, tweak, change the approach accordingly.
Devise, readjust your marketing strategy, your branding strategy accordingly and with that keep on assessing your whole approach, if results aren’t satisfactory, tweak, change the approach accordingly.
Over to you guys!
You may also like to read Impulse Buying Reasons That You Must Know!
You may also like to read Customer Acquisition & Retention by Using Self Esteem
You may also like to read How to build an Effective Relationship Management Framework
One more thing!, don't forget to subscribe!
One more thing!, don't forget to subscribe!
References:
1. Brown, P. & Levinson, S. (1978) Universals in language use: politeness phenomena. In Questions and Politeness: Strategies in Social Interaction (ed. by E.N. Goody), pp. 56–289. Cambridge University Press, New York.
2. Proctor, T. (2000), Essentials of Marketing Research, Pearson Education Limited, Essex.
3. Deshpande, R. (1983) ‘Paradigms lost’: on theory and method in research in marketing. Journal of Marketing, 47, 101–110.
4. Reeves, Rosser (1961). Reality in Advertising. Macgibbon and Kee. pp. 46–48.
5. Frazer, C.F. (1983), “Creative strategy: a management perspective”, Journal of Advertising, Vol. 12 No. 4, pp. 36-42.
6. Veblen, T. (1994) The Theory of the Leisure Class. Dover Publications, Inc., New York. (Reprint of 1899 edition).
TAGS Customer Satisfaction Customers/Consumers Editor Choice Market Oriented Business Organization Small Business Strategies
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