How to Leverage Consumer Behavior In Your Marketing Strategy
Your business has a marketing strategy – but is it working? Is it attracting, engaging, and persuading as many consumers as you desire? Is it generating the results you crave most in your business? If that’s a no, it’s time to change how you communicate your value to your audience.
As such, it’s time to personalize your marketing tactics and base them on consumer behavior or psychology at specific levels of the buying journey. This post will briefly discuss ways you can leverage consumer behavior in your marketing techniques for increased revenue. Also, you should consider investing in your formal education by enrolling in a consumer behavior research online course to learn more about behavioral marketing.
What is consumer behavior?
Consumer behavior is a customer’s buying pattern or signal from the awareness stage to the point of purchase. It’s the consumer’s actions when selecting, buying, or using a product or service. Next, we’ll look at ways you can leverage consumer behavior in your marketing strategy.
One of the consumers’ behaviors worth noting is that they only buy from a trustworthy brand. If you win your customers’ trust, you’ll then be able to make sales in your business. So how do you go about it? Well, start by finding out the core values they uphold and use that to build trust.
For instance, helping the needy or participating in growth activities in the community can help win consumers’ trust. Alternatively, speak out on the values you claim to uphold. If, for example, transparency is one of your business core values, show consumers how transparent your brand is. Eventually, they’ll perceive your brand as authentic and make them want to do business with you.
Resonate with consumers’ feelings
By now, you might have noticed, your consumers use feelings in making buying decisions. But how do you resonate with consumers’ feelings? Tap into their subconscious mind and find out the emotions that appeal more to them. For instance, consumers want a product that makes their life better and joyful. And therefore, if you’re dealing with party dresses, you can appeal to consumers’ emotions by telling them how beautiful they’ll look when wearing them.
Understand consumers’ buying process
Consumers are always on a journey whenever they want to buy something. This journey has several stages ranging from Awareness to Action, where consumers make the purchase decision. Therefore, understanding the buying process will help you address the specific needs of consumers in different stages of the buyer’s journey. This way you can help gently push them to buy from you.
For instance, consumers in the awareness stage are not ready to buy but want confirmation that you understand their pain points. On the other hand, consumers in the decision stage want to know why you’re better than your competitors.
Include external motivators in your marketing strategy
Note that words aren’t enough to convince consumers to buy from you. That’s because consumers’ have a habit of seeking proof that boosts their confidence to buy from you. For instance, it’s normal for consumers to check product reviews when purchasing a product. To leverage this behavior, use positive testimonials in your marketing strategy. This way, you’ll let others sell your products for you and eliminate doubts in consumers about your brand.
Consumer behavior is a game-changer in your marketing strategy. It gives you insights into consumers’ buying psychology that you can use to target prospects more precisely.