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There's a science to persuasion, and you can use it to your advantage in understanding and influencing consumer behavior.
How do you get someone to buy a product or service? This question has preoccupied marketing departments for decades. Psychological insights can help explain how persuasion works – and how people respond to attempts to influence their behavior.
When attempting to influence consumer decisions, it helps to understand the psychology behind human behavior. Knowing your audience’s demographics and how they respond to specific marketing efforts can provide valuable direction.
We’ll explain more about the psychology of consumer behavior and share techniques for effectively influencing consumer decisions.
Consumer behavior comprises the actions and decisions individuals make when purchasing specific products or supporting certain brands. This area of study focuses primarily on behavior, motivations and psychology.
The following three areas significantly affect how consumers respond to marketing efforts and why they buy what they buy:
Marketing can be highly effective in influencing consumer behavior. The following factors contribute to that success:
Robert Cialdini is the Regents’ Professor Emeritus of Psychology and Marketing at Arizona State University. At the 125th Annual Convention of the American Psychological Association, Cialdini synthesized years of research on social influence into six universal principles for understanding attempts to influence human behavior.
“Persuasion is no longer just an art; it’s an out-and-out science,” Cialdini asserted. “Indeed, a vast body of scientific evidence now exists on how, when and why people say yes to influence attempts.”
Businesses and consumers can use Cialdini’s principles to better understand the inner workings of purchasing behaviors and to determine which strategies are most likely to succeed.
It’s easier to know how to influence consumer behavior when you know consumer trends. As businesses evolve, so do consumers’ habits and priorities. Customers’ tastes 10 years ago were different from their present tastes and will be different 10 years from now. When creating and enhancing your small business marketing strategy, always remember that consumer behavior trends change.
With that in mind, here are some current customer behavior and tech trends informing actions:
Today’s consumers want multiple payment options, including PayPal, Venmo, credit or debit cards, and NFC mobile payments, like Apple Pay. Convenience and variety should be top of mind when offering consumers different ways to cover a transaction.
Another up-and-coming payment trend is the option to “buy now, pay later,” which allows customers to divide their purchase into multiple installments instead of paying for everything upfront.
Over the last few years, customer demand for transparency in the businesses they support has increased. Consumers now boycott and quickly dismiss companies that have questionable practices or are run by CEOs they politically disagree with. Customers are more likely to support companies that align with their personal beliefs and values. Companies must be transparent about their history and practices to gain consumers’ trust.
While local marketing strategies are crucial, accommodating consumers’ ever-growing preference for online shopping is more important than ever. That means launching an intuitive e-commerce site that offers a positive customer experience and combats common e-commerce challenges like lax cybersecurity and delayed order fulfillment. When developing strategies to influence customer behavior, brainstorm ways to influence consumers in person and online.
With so much business conducted online, many consumers are concerned that their personal information will fall into the wrong hands. Some consumers want as much anonymity as possible; they don’t want a company to know too much about them beyond the necessary details for the business exchange. Companies must meet consumers halfway and accommodate those who will provide only limited details. While businesses often strive to deliver personalized marketing efforts, accommodating those who prefer privacy could influence their spending.
Consumers are concerned about climate change and want to do their part to reverse the damage to the planet. They like to buy from green businesses and environmentally friendly companies – and this trend is expected to grow.
Companies with sustainable products attract environmentally conscious consumers. Similarly, more shoppers are seeking organic products and healthier alternatives to what’s currently on the market and are willing to spend the extra money for their (and the planet’s) well-being.
With a clearer understanding of the psychology behind consumer choices, companies can more adeptly tweak their marketing plans, navigate potential consumers and convert more sales. However, Cialdini warned against crossing the line between influence and manipulation, as the latter could spell disaster in the long run.
“People, companies and marketers need to ask themselves whether the principle of influence is inherent in the situation – that is, do they have to manufacture it, or can they simply uncover it?” Cialdini cautioned. “No one wants to be a smuggler of influence. Claiming to be an expert when they’re not, exploiting power – those eventually will have negative consequences.
Cialdini said that focusing on psychological motivators is key. “We can focus too heavily on economic factors when seeking to motivate others toward our offerings and ideas,” Cialdini added. “We would do well … to consider employing psychological motivators such as those we have covered here.”
Sammi Caramela contributed to this article.