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Why does a customer buy?

by morpheyous on Feb.05, 2010, under Lead Generation

wine_1423468cWhy does a customer buy?

Simple question, but a complex answer.

The easiest explanation is needs and wants.

A customer will buy because they need something such as medicines and food to survive or because of a want.

Wants are usually luxury type items such as stereo’s, travel and similar items.

Other considerations are:

  • A Solution (product solves a problem)
  • Features/Benefits (improves on/adds to current solution)
  • Performance
  • Comfort/Security
  • Image
  • Quality
  • Price (some lowest, some best value)
  • Relationship (just buy from certain businesses/business associates)
  • Service/Warranty (Return policies, warranties, turnaround time)
  • Selection
  • Location
  • Tradition (habit)
  • Innovation (new innovative products)
  • Emotion (makes them feel good, impress others, show love/appreciation)
  • Convenience
  • Why customers don’t buy?:

    • Fear of Loss
    • Lack of Trust
    • Lack of Comfort
    • Lack of Quality
    • Not a Viable Solution
    • Lack of Need
    • Contrary to Customer’s Image
    • Not Important
    • Has a Defect
    • Bad Past Experiences
    • Prefers Another Product

    Complex? not really, be yourself, provide a good service and product and the rest should sell itself.

    What are your thoughts?

    Thanks to Don Debelak

    :, ,

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