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Customer Buying Process Insights

The document outlines the personal selling process, emphasizing the importance of understanding customer needs and motivations, including Maslow's hierarchy of needs. It discusses various factors influencing buying decisions such as social and cultural influences, demographics, and psychographics. Additionally, it highlights the significance of adapting the sales approach to different customer situations and recognizing signals that indicate readiness to buy.

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0% found this document useful (0 votes)
7 views13 pages

Customer Buying Process Insights

The document outlines the personal selling process, emphasizing the importance of understanding customer needs and motivations, including Maslow's hierarchy of needs. It discusses various factors influencing buying decisions such as social and cultural influences, demographics, and psychographics. Additionally, it highlights the significance of adapting the sales approach to different customer situations and recognizing signals that indicate readiness to buy.

Uploaded by

anehmfeka
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

PERSONAL SELLING

CHAPTER 2
THE CUSTOMER AND THE BUYING PROCESS
ORDER OF SELLING

● A salesperson should have a format or process when


selling to customers
● Start off with the features of the product, name the
main advantages and the benefits of the product
● The process will need to be adapted for every situation
● Prospective customers must be given the opportunity
to ask questions or query any benefits- Sales person
must look out for a signal that the customer is ready to
buy and go for a trial close
DETERMINING CUSTOMER NEEDS (CONT…)
Consumer motivation
Beauty
● Maslow hierarchy of needs
Self actualisation Knowledge and understanding

Self-esteem Achievement
Respect and self-respect

Belongingness and social


Friendship and love

Safety needs
Physical and financial security

Basic physiological needs


Food, water, rest and shelter
TYPES OF MOTIVES

Latent and manifest motives


● Manifest motives: willing to admit and know about (feels
comfortable, easy to buy)

● Latent motives: reluctant to admit and do not always


know about (I feel sexy in them, shows I have money)
FACTORS THAT INFLUENCE THE BUYING
DECISION
● Decision is based on how significant the
purchase is.
● Routine decision making is applied when
consumers purchase low involvement products
such as petrol bread and milk
FACTORS THAT INFLUENCE THE CUSTOMER
BUYING DECISION (CONT…)

Social and cultural factors


● External forces include culture and social factors.
● That has an influence on buying behavior.
The family unit
√ Table 2.1 not ideal since stage in family life cycle changed (divorce, AIDS)
√ Table 2.2 family role behavior

Gatekeeper, Influencer, Decider, Buyer, User


FACTORS THAT INFLUENCE THE CUSTOMER
BUYING DECISION (CONT…)

Social class
√ Social classes are not just based on income but also on
a consumer’s occupation, wealth, income and education
FACTORS THAT INFLUENCE THE CUSTOMER
BUYING DECISION (CONT…)

Buyer demographics, psychographics and personality


√ Demographics are the size, structure and distribution of
a population.
√ Census = help predicts future trends and developments.
FACTORS THAT INFLUENCE THE CUSTOMER
BUYING DECISION (CONT…)

Buyer demographics, psychographics and


personality( cont…)
It is important to know:
■ How population make up is changing
■ How people are spending their financial resources
■ What products and services they prefer
■ How people choose their friends
■ How people support social programs
FACTORS THAT INFLUENCE THE CUSTOMER
BUYING DECISION (CONT…)

Buyer demographics, psychographics and


personality( cont…)
√ People also are influenced by their socio-psychological
make up; lifestyle, personal values.
√ Psychographics: how consumers work, play and live.
√ Lifestyle is “how one lives”
FACTORS THAT INFLUENCE THE CUSTOMER
BUYING DECISION (CONT…)

Buyer demographics, psychographics and


personality( cont…)
√ Products that communicate self-concept has 3
characteristics:
■ Visibility: can be seen being used
■ Variability: time and money to own product
■ Personalisability: image
FACTORS THAT INFLUENCE THE CUSTOMER
BUYING DECISION (CONT…)
Culture
Culture is sociologically as the values, beliefs,norms and
practices, and material objects that together form a
peoples way of life.
Essentials of culture is:
■ It is learned
■ Adaptive and changes
■ Reflects certain factors
■ It is both abstract and material
FACTORS THAT INFLUENCE THE CUSTOMER
BUYING DECISION (CONT…)

Culture (cont…)
Characteristic influenced by culture:
■ Communication and language
■ Dress and appearance
■ Food and eating habits
■ Time and time consciousness
■ Relationships
■ Values and norms
■ Beliefs and attitude
■ Mental process and learning
■ Work habits and practices

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