If there is
one thing we learned from the presidential election of 2012, it is that people
can be sold on their feelings alone. We have known this in marketing for some
time, but it was evident that how you feel in the moment - regardless of the
facts - has a very big sway on the way we react. One candidate appealed to our
reason: we are on the verge of financial collapse and we need to get people
back to work. The other candidate appealed to our feelings: it is the fault of
the wealthy that we are in the position we find ourselves and you deserve more
handouts. The feelings candidate won at the ballot box. Reason is tossed aside
to our mood at the moment.
Emotion has
a lot to do with what we buy and when we buy. We buy things to help us feel
good, help us alleviate pain, help us feel more confident about ourselves. But
for the most part, we buy when we are feeling happy or to get us to a happy
place. In marketing, if you can determine when your target is going to be
happy, you will have a better chance of selling to them. When you can predict
the general mood of an entire segment of the marketplace, you will be
successful in your marketing efforts. There is a right time to take a product
or service to market. You can be too early or too late with your marketing. The
determining factor many times is the mood of your customers. Here is an
example. Do you know one of the best times for car sales? It is in the spring
of the year. Do you know why? It is because that is when people get refunds on
their tax returns. If they qualify for a refund, they get a lump sum of cash
from the government and it makes them feel good. Even though it is their own
money, people look at this much like winning the lottery. They are enticed by
their own good feelings to go out and make a purchase. Cars are one of those
large purchases that people don't make every day. So when they are feeling good
and have a little cash in hand, they are in the mood to purchase a new car. Do
you know one of the worst times to sell a car? It's in January, when people
have just come through the Christmas holiday and have to pay the credit card
bill for all of the things they bought in December. January is typically a
dreary month outside. People are inclined to be in bad moods in January.
So how do
you predict these happy cycles? First, do your customers have an annual routine
that they go through? When do they have money in hand? Think of them like
farmers. They have a season when they go about different tasks. For farmers, they
ready the soil in the early spring, plant in late spring, fertilize in the
summer, harvest in the fall. When do they spend money? After the harvest is
complete and their grain has been sold. Not before, not after. You may not be
in the agricultural business, but you may have customers who follow this same
routine. You want to approach them with your marketing as the
"harvest" time is coming to a close and sell when they have money in
hand.
Other
customers may be a little less regimented in the way they do business. For
many, this would have to do with recognizing the points when they are in need
and resources are low. In that case, the emotion you are looking for is not
necessarily happiness, but discontent. You can be the solver of the discontent
by fixing their problems, thus bringing them happiness. Mood still plays into
your marketing efforts. This is just a solution to a pain point that brings
happiness to the customer.
Here is a
practical little experiment you can do with your customers. The next time they
buy from you, take note of their mood. Are they happy or discontent? Are they
expressing joy when they buy your product or service? Are you making a
connection with them emotionally? Don't short change the theory of mood based
buying. There are many instances where this works. You would be smart to
incorporate it into your marketing efforts.
As in
politics, it really doesn't matter how the person was feeling about you three
months ago. If you can make them feel good about you right now - if you can
make them happy - they will buy from you. Test the mood, market to happiness.
___________________
Photo by Stepan Popov