Will You Add?
#1 in Business Subscribe Email Print

You are here: Home > Business > Sales > Understanding Irrational Customers

Tags

  • everyone
  • backfiring
  • change
  • underlying reasoning
  • called again
  • reflux hangover

  • Links

  • Fibers from Elephant Dung are Cleaner Than You Might Think
  • Which Affiliate Program Do I Choose To Market?
  • Mortgage 101: What You Need to Know About Mortgage Loans
  • Will You Add? - Understanding Irrational Customers

    The Summer: Great Career Enhancers
    People think of summer as a time to leave work early, take vacations, visit the beach and read a good book. Summer is good for all those things. But it is also the perfect time of the year for evaluating your professional life and addressing areas in need of personal development.EvaluateThe first and most important step is to evaluate where you are versus your career and professional goals. Are you on track? Falling behind? Ahead of your peers? These apply not just to titles and compensation but also experiences and responsibilities. Where to you see yourself in a year? Five years? Are you on track to meet those career goals? If not, identi
    ed before and was simply unwilling to try again, Yes, yes, he knew I was a different person, with a better track record, but his memory haunted him.

    (8) Paid For & Free Alternatives

    It’s next to impossible to sell a book or a tape series to someone who has purchased even an unrelated title, yet still hasn’t used it. Or, if they think they can receive anything akin to your service for free, you’re doomed

    (9) A Lousy Mood, Acid Reflux, a Hangover, Hunger, & Other Maladies & Distractions

    What’s there to say? A lot of people are distracted when they should be dispassionately evaluating our propositions on their merits.

    (10) Fear

    Some people in business are so risk averse that they shouldn’t be in business. Any and all decisions are marked by stress and great agitation, so if they can avoid making decisions they do so, no matter how attractive they might be to other people.

    So, why didn’t I bite on the headset offer?

    I relish the feeling of h

    The Four Major Forms of Fundraising
    Fundraising is, without a doubt, extremely challenging work. For any of you with experience in this line of work, you will understand what I mean. For the rest of you, go out and volunteer your time with a local non-profit organization. After that, I think you will understand. While this can be a challenging profession, it continues to be quite rewarding in many respects. This article was drafted with the new fundraising coordinator in mind. So listen up, kids!There are four major forms of fundraising. When one mentions fundraising to the average person, the image of a well-meaning person going door-to-door begging for support immediately comes to mi
    I know a marketer who thinks his offer is bulletproof.

    He proposes to save executives many hours a month by improving their performance in using the software programs upon which they rely, every day. Not only this, but he’s willing to guarantee that their productivity will improve. If they don’t get sharper after receiving his training, they don’t have to pay.

    It’s a nice offer.

    But, many, many people simply haven’t taken him up on it, and this chagrins him. He wonders, “How can they say no? Are they crazy!”

    Today, I received a sales call promoting a free, 30-day trial on a wireless telephone headset with a range as long as a football field. I declined, twice, actually.

    The caller seemed flummoxed. “Why?” she challenged.

    How can I lose? If I don’t like it, I can return it. What’s wrong with me? I must be a nut, right?

    It’s easy to call customers crazy, but are we?

    There is logic in customer decision-making, but it isn’t always obvious, we don’t always like it, and it doesn’t always follow the laws of economics or even what we consider to be common sense. Yet if we hope to fulfill the promise of CRM, or to simply improve our sales, marketing, and customer service efforts, we should map the underlying reasoning that informs what we commonly dismiss as irrationality.

    For instance, what could be preventing the consultant’s prospects from seizing his offer?

    Ten obstacles come to mind

    (1) Inertia (i.e. laziness)
    (2) Credibility
    (3) Adopter habits
    (4) Conflicts of interest
    (5) Ego & Competitiveness
    (6) Bad timing
    (7) Poor Past Experience With A Competitor
    (8) Paid For, or Free Alternatives
    (9) A Lousy Mood, Acid Reflux, Hangover, Hunger, & Other Maladies
    (10) Fear

    Let’s examine these invisible reasons customers say no.

    (1) Inertia (i.e. laziness)

    The customer who fails to buy could be saying, “Heck, we’ve gotten along without it so far, so why change now?” This sentiment goes by many names, including apathy, no fire in the belly, no pain, no motivation.

    (2) Credibility

    Some prospects balk because they just don’t believe us. Perhaps we have signaled insecurity or ineffectiveness or a lack of trustworthiness. Possibly, our offer of a guarantee is backfiring, making the buyer believe we must be desperate to need such a hook.

    (3) Adopter Habits

    If what you’re offering is truly new, there are many folks who simply don’t want to be on the leading edge, and avoid trying it until it has been proven. Statistically, in any marketing population, you’ll find a trendy few, who love novelty and spend freely, some who lag way behind everyone else, and are tightfisted. Most folks are smack in the middle, mainstreamers, who will buy after they feel it is safe to do so, or after seeing others jump onto the bandwagon.

    (4) Conflicts of Interest

    Once I was doing a marketing survey and I asked a corporate manager what the impact would be if I could help her firm to slash telemarketing turnover, which was rampant and costing a small fortune.

    Unexpectedly, she replied somewhat sheepishly, “I guess I’d be out of a job. I do the training here, and turnover is what’s keeping me busy!”

    Clearly, she would not support bringing me in as a consultant if it meant she’d be facing unemployment, right?

    (5) Ego & Interpersonal Competitiveness

    Some people just don’t want anybody else’s help. They want to bake the cake all by themselves, and accept the applause. Pity.

    (6) Bad Timing

    Once I called a fellow who literally shouted back, “Never call me again!” By mistake, the next day I called again. And he was a totally different species. He bought from me, without any shrieking. Amazing, but I guess I just called at the wrong time, the day before.

    (7) Poor Past Experience With A Competitor

    I knew I had a lot to offer to one prospect, but he said he had been burned before and was simply unwilling to try again, Yes, yes, he knew I was a different person, with a better track record, but his memory haunted him.

    (8) Paid For & Free Alternatives

    It’s next to impossible to sell a book or a tape series to someone who has purchased even an unrelated title, yet still hasn’t used it. Or, if they think they can receive anything akin to your service for free, you’re doomed

    (9) A Lousy Mood, Acid Reflux, a Hangover, Hunger, & Other Maladies & Distractions

    What’s there to say? A lot of people are distracted when they should be dispassionately evaluating our propositions on their merits.

    (10) Fear

    Some people in business are so risk averse that they shouldn’t be in business. Any and all decisions are marked by stress and great agitation, so if they can avoid making decisions they do so, no matter how attractive they might be to other people.

    So, why didn’t I bite on the headset offer?

    I relish the feeling of ha

    You Determine the Content of Your Reference Letters
    The content of your reference letters is a reflection of your character, experiences, skills, and associations with others. An exceptional reference letter can be a positive factor for you to land that perfect job, to receive that promotion, or to gain acceptance /scholarship to that dream university. You might think that reference letters are beyond your control. However, that is not always the case.You are vital to successful reference letters. Some tips to assist in the quality of your reference letters are as follows:Establish Your CredentialsGet to know people of all ages and professions. The length of your association strengthens the re
    e don’t always like it, and it doesn’t always follow the laws of economics or even what we consider to be common sense. Yet if we hope to fulfill the promise of CRM, or to simply improve our sales, marketing, and customer service efforts, we should map the underlying reasoning that informs what we commonly dismiss as irrationality.

    For instance, what could be preventing the consultant’s prospects from seizing his offer?

    Ten obstacles come to mind

    (1) Inertia (i.e. laziness)
    (2) Credibility
    (3) Adopter habits
    (4) Conflicts of interest
    (5) Ego & Competitiveness
    (6) Bad timing
    (7) Poor Past Experience With A Competitor
    (8) Paid For, or Free Alternatives
    (9) A Lousy Mood, Acid Reflux, Hangover, Hunger, & Other Maladies
    (10) Fear

    Let’s examine these invisible reasons customers say no.

    (1) Inertia (i.e. laziness)

    The customer who fails to buy could be saying, “Heck, we’ve gotten along without it so far, so why change now?” This sentiment goes by many names, including apathy, no fire in the belly, no pain, no motivation.

    (2) Credibility

    Some prospects balk because they just don’t believe us. Perhaps we have signaled insecurity or ineffectiveness or a lack of trustworthiness. Possibly, our offer of a guarantee is backfiring, making the buyer believe we must be desperate to need such a hook.

    (3) Adopter Habits

    If what you’re offering is truly new, there are many folks who simply don’t want to be on the leading edge, and avoid trying it until it has been proven. Statistically, in any marketing population, you’ll find a trendy few, who love novelty and spend freely, some who lag way behind everyone else, and are tightfisted. Most folks are smack in the middle, mainstreamers, who will buy after they feel it is safe to do so, or after seeing others jump onto the bandwagon.

    (4) Conflicts of Interest

    Once I was doing a marketing survey and I asked a corporate manager what the impact would be if I could help her firm to slash telemarketing turnover, which was rampant and costing a small fortune.

    Unexpectedly, she replied somewhat sheepishly, “I guess I’d be out of a job. I do the training here, and turnover is what’s keeping me busy!”

    Clearly, she would not support bringing me in as a consultant if it meant she’d be facing unemployment, right?

    (5) Ego & Interpersonal Competitiveness

    Some people just don’t want anybody else’s help. They want to bake the cake all by themselves, and accept the applause. Pity.

    (6) Bad Timing

    Once I called a fellow who literally shouted back, “Never call me again!” By mistake, the next day I called again. And he was a totally different species. He bought from me, without any shrieking. Amazing, but I guess I just called at the wrong time, the day before.

    (7) Poor Past Experience With A Competitor

    I knew I had a lot to offer to one prospect, but he said he had been burned before and was simply unwilling to try again, Yes, yes, he knew I was a different person, with a better track record, but his memory haunted him.

    (8) Paid For & Free Alternatives

    It’s next to impossible to sell a book or a tape series to someone who has purchased even an unrelated title, yet still hasn’t used it. Or, if they think they can receive anything akin to your service for free, you’re doomed

    (9) A Lousy Mood, Acid Reflux, a Hangover, Hunger, & Other Maladies & Distractions

    What’s there to say? A lot of people are distracted when they should be dispassionately evaluating our propositions on their merits.

    (10) Fear

    Some people in business are so risk averse that they shouldn’t be in business. Any and all decisions are marked by stress and great agitation, so if they can avoid making decisions they do so, no matter how attractive they might be to other people.

    So, why didn’t I bite on the headset offer?

    I relish the feeling of h

    Internet Call Center Solutions
    Internet call center solutions form a part of Customer Relationship Management (CRM) packages designed for providing better services to clients. It consists of integrated software tools that enable uninterrupted interaction with clients via VoIP (voice over internet protocol), Internet telephone services, online chat, and e-mails.Internet call center packages provide network routing solutions that enable customers to interact with customer service representative (CSR), telephone sales or service representative (TSR), associate consultant, or customer service professional employed at the call center. Incoming calls are automatically routed to any of these pr
    change now?” This sentiment goes by many names, including apathy, no fire in the belly, no pain, no motivation.

    (2) Credibility

    Some prospects balk because they just don’t believe us. Perhaps we have signaled insecurity or ineffectiveness or a lack of trustworthiness. Possibly, our offer of a guarantee is backfiring, making the buyer believe we must be desperate to need such a hook.

    (3) Adopter Habits

    If what you’re offering is truly new, there are many folks who simply don’t want to be on the leading edge, and avoid trying it until it has been proven. Statistically, in any marketing population, you’ll find a trendy few, who love novelty and spend freely, some who lag way behind everyone else, and are tightfisted. Most folks are smack in the middle, mainstreamers, who will buy after they feel it is safe to do so, or after seeing others jump onto the bandwagon.

    (4) Conflicts of Interest

    Once I was doing a marketing survey and I asked a corporate manager what the impact would be if I could help her firm to slash telemarketing turnover, which was rampant and costing a small fortune.

    Unexpectedly, she replied somewhat sheepishly, “I guess I’d be out of a job. I do the training here, and turnover is what’s keeping me busy!”

    Clearly, she would not support bringing me in as a consultant if it meant she’d be facing unemployment, right?

    (5) Ego & Interpersonal Competitiveness

    Some people just don’t want anybody else’s help. They want to bake the cake all by themselves, and accept the applause. Pity.

    (6) Bad Timing

    Once I called a fellow who literally shouted back, “Never call me again!” By mistake, the next day I called again. And he was a totally different species. He bought from me, without any shrieking. Amazing, but I guess I just called at the wrong time, the day before.

    (7) Poor Past Experience With A Competitor

    I knew I had a lot to offer to one prospect, but he said he had been burned before and was simply unwilling to try again, Yes, yes, he knew I was a different person, with a better track record, but his memory haunted him.

    (8) Paid For & Free Alternatives

    It’s next to impossible to sell a book or a tape series to someone who has purchased even an unrelated title, yet still hasn’t used it. Or, if they think they can receive anything akin to your service for free, you’re doomed

    (9) A Lousy Mood, Acid Reflux, a Hangover, Hunger, & Other Maladies & Distractions

    What’s there to say? A lot of people are distracted when they should be dispassionately evaluating our propositions on their merits.

    (10) Fear

    Some people in business are so risk averse that they shouldn’t be in business. Any and all decisions are marked by stress and great agitation, so if they can avoid making decisions they do so, no matter how attractive they might be to other people.

    So, why didn’t I bite on the headset offer?

    I relish the feeling of h

    Skills Make Labor More Valuable
    As you know by now, if you have been a long time subscriber to our weekly E-zine, I'm a very big proponent of activity, labor and discipline. In fact I devoted one of the five major pieces to the life puzzle (in my book under the same name) to the subject of activity and labor. But now let me add another key word to the labor equation - skillful. Yes, skillful labor.We need the skills to help build our family's dreams, the skills to stir up an enterprise and make it successful. We need skills to build equities for the future. We need skills of all kinds.How about this - skillful language. If you just talk to your family you can hold them all together
    ger what the impact would be if I could help her firm to slash telemarketing turnover, which was rampant and costing a small fortune.

    Unexpectedly, she replied somewhat sheepishly, “I guess I’d be out of a job. I do the training here, and turnover is what’s keeping me busy!”

    Clearly, she would not support bringing me in as a consultant if it meant she’d be facing unemployment, right?

    (5) Ego & Interpersonal Competitiveness

    Some people just don’t want anybody else’s help. They want to bake the cake all by themselves, and accept the applause. Pity.

    (6) Bad Timing

    Once I called a fellow who literally shouted back, “Never call me again!” By mistake, the next day I called again. And he was a totally different species. He bought from me, without any shrieking. Amazing, but I guess I just called at the wrong time, the day before.

    (7) Poor Past Experience With A Competitor

    I knew I had a lot to offer to one prospect, but he said he had been burned before and was simply unwilling to try again, Yes, yes, he knew I was a different person, with a better track record, but his memory haunted him.

    (8) Paid For & Free Alternatives

    It’s next to impossible to sell a book or a tape series to someone who has purchased even an unrelated title, yet still hasn’t used it. Or, if they think they can receive anything akin to your service for free, you’re doomed

    (9) A Lousy Mood, Acid Reflux, a Hangover, Hunger, & Other Maladies & Distractions

    What’s there to say? A lot of people are distracted when they should be dispassionately evaluating our propositions on their merits.

    (10) Fear

    Some people in business are so risk averse that they shouldn’t be in business. Any and all decisions are marked by stress and great agitation, so if they can avoid making decisions they do so, no matter how attractive they might be to other people.

    So, why didn’t I bite on the headset offer?

    I relish the feeling of h

    Conquering the Fear Factor: Older Managers and Young Turks
    The workplace is becoming increasingly competitive, and established management is more and more often facing a corporate tendency towards promoting the best and the brightest - of the youngest. Just when these managers feel that they have finally paid their dues and proven their company loyalty, when their skills are sharp and focused from years of experience, many of them fear being replaced by a bright, technologically-savvy and impatient member of the generation climbing the corporate ladder behind them. They know that the powers that be consider these "Young Turks" to be smarter than they are – and the knowledge makes them tremble.It is a valid fea
    ed before and was simply unwilling to try again, Yes, yes, he knew I was a different person, with a better track record, but his memory haunted him.

    (8) Paid For & Free Alternatives

    It’s next to impossible to sell a book or a tape series to someone who has purchased even an unrelated title, yet still hasn’t used it. Or, if they think they can receive anything akin to your service for free, you’re doomed

    (9) A Lousy Mood, Acid Reflux, a Hangover, Hunger, & Other Maladies & Distractions

    What’s there to say? A lot of people are distracted when they should be dispassionately evaluating our propositions on their merits.

    (10) Fear

    Some people in business are so risk averse that they shouldn’t be in business. Any and all decisions are marked by stress and great agitation, so if they can avoid making decisions they do so, no matter how attractive they might be to other people.

    So, why didn’t I bite on the headset offer?

    I relish the feeling of hand-to-hand, telephone combat. It’s a little retro, but I like it.

    These are just some of the non-economic factors involved in customer decision-making.

    You might say they’re the “silent objections” that our prospects foster, that we probably give far too little thought to, because we’re too busy dismissing them as being “irrational.”

    Dr. Gary S. Goodman © 2005

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.atriclecheck.com/article/37678/atriclecheck-Understanding-Irrational-Customers.html">Understanding Irrational Customers</a>

    BB link (for phorums):
    [url=http://www.atriclecheck.com/article/37678/atriclecheck-Understanding-Irrational-Customers.html]Understanding Irrational Customers[/url]

    Related Articles:

    Starting A Business

    Permits and Licenses Needed for Incorporation in Florida

    Public Relations Shock and Awe!

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com