(imagine you are working and you going to hand in this report to your boss do no
ID: 434583 • Letter: #
Question
(imagine you are working and you going to hand in this report to your boss do not use any definiation just straight example or strategy u will use ) Firstly this is a tough question
Imagine your company is going to produce a product (noodle)
how to use psychology to attract the people to buy your product ? and you have a budget of 3 k usd to promote online what will you do to capture the heart of consumer
(imagine you are working and you going to hand in this report to your boss do not use any definiation just straight example or strategy u will use )
Explanation / Answer
Since, my company is going to produce 'noodle' and I have got the responsibility to market it to end consumers with the assistance of psychology.
Well there are a number of ways through which I can take psychological assistance to attract people to buy our product and these are as follows:
Firstly, secret of sales lies in meeting the expectations. So, I should deliver value to my customers as they are more concerned about value than the price.
Next, the focus should be made on understanding the types of customers like whether they are tightwads, average buyers or spendthrifts, and once they are identified, target them accordingly.
Then action paralysis should be used to persuade customers how easy it's to make purchases and this can be done through first purchase free of cost or by offering free trial periods.
Next Customers should be embraced by labeling them as superior groups and keeping them at top priority which in turn will get their positive response.
Then for gaining trust and goodwill from customers we shall try to highlight our key strengths and in the meanwhile, admitting our weakness and shortcomings as it creates a feeling of honesty and authenticity in the minds of customers.
Keeping proper followup can also attract a huge traffic of customers towards the business as they imbibe a sense of reciprocity.
Standing for something of value can attract the customer as mostly loyalty is the outcome of mutual understanding and values sharing.
Lastly, keeping the customers on their toes will also attract customers to purchase nooldes as customers like consistency and surprises like cash back offers, gifts, discounts,etc.
Since, our budget is only 3k for promoting our products online. Well we can promote online by beautifying our online stores by making eye catchy websites, making use of social media like Facebook, Twitter, LinkedIn etc., providing promos to customers, showing intense care and affection to customers and e-mailing directly to the customers in order to persuade them to make purchases.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.