So you’ve started a retail business. Your doors are open but how do you persuade customers to buy your products?
I have no clue where the idea originated, but somewhere along the way I picked up the notion that to effectively sell a product or service, you should gush about the features of that product or service. I’m not alone in my flawed thinking. Inc. points out that most marketing messages focus on features and leave customers to figure out the benefits for themselves.
But according to Inc., “Customers never buy because of product features. They buy because they perceive some “benefit” to those features.”
Follow Inc.’s six guidelines to create product benefits that get customers to buy:
A feature is what the product or service “is” or “does.” A benefit is what the product or service “means” to the customer.
Customers will remember a product benefit longer, and with more ease if it’s expressed with simple, powerful words that evoke emotion. For example:
Business cliches and technical terminology will drain the emotion from your product benefit.
Long lists of benefits will confuse because most people only hold two or three thoughts at one time in their short-term memory.
While generic product benefits can persuade customers to buy, they may not necessarily be from you! Differentiate you or your company from the competition by using unique benefits.
Instead of “Our software makes you more productive” try “Our customers report an average 30% decrease in costs, about twice the industry average.”
Customers will ignore abstract or vague benefits, whereas definitive and specific benefits will persuade customers more and “stick in the mind.”
“You’ll get more customers, more quickly,” says Inc. “if you communicate the benefits of using your product rather than the features it possesses.”
Learn how Rain Retail Software can help you increase sales and grow your business.